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DiNapoli: 59 School Districts in Fiscal Stress
… scored the financial stability of school districts. The latest round of scoring designated two school districts in … For example, the districts of Watervliet (Albany), Poughkeepsie (Dutchess), Jamestown (Chautauqua) and Corinth …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-59-school-districts-fiscal-stressPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… improvements over the next 20 years,” DiNapoli said. “The big question is, how are we going to pay for that? … but we have to ensure public assets are not squandered and taxpayers are protected.” Public-private partnerships are contracts between a public agency and a private sector entity that result in greater private …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedDiNapoli: NYC Tourism Approaches Full Recovery, Still Top Major U.S. Tourist Destination
… and business travelers, and a full recovery of local jobs. Our city and state leaders need to focus on keeping New … of 23.4% over the previous year, but down 14.1% from 2019. Changing patterns among international travelers have affected … sector compared to pre-pandemic levels, and the return of jobs has been uneven. Comparing 2023 to 2019, jobs in …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-tourism-approaches-full-recovery-still-top-major-us-tourist-destinationThe Proposed Framework for Federal Tax Changes, A New York Perspective, October 2017
New Yorkers have a big stake in all aspects of the debate over the federal tax revisions proposed by the Trump Administration.
https://www.osc.ny.gov/files/reports/special-topics/pdf/federal-tax-changes-2017.pdf“Nation’s Report Card” Underscores New York’s Need for Academic Recovery
… in fourth grade math and reading. New York’s largest drops were in fourth grade math, with declines in average test … in the past 20 years. Based on these results, McKinsey estimated New York’s fourth grade math learning loss is … 1: Change in NAEP Average Scale Scores, New York and the US, 2019 and 2022 Average Scale Score 2019 2022 Change …
https://www.osc.ny.gov/reports/nations-report-card-underscores-new-yorks-need-academic-recoveryDiNapoli: 31 School Districts Designated in Some Level of Fiscal Stress
… statewide were designated in fiscal stress under New York State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring … a low budget vote approval rate, a high percentage of English language learners, and large class sizes. …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-31-school-districts-designated-some-level-fiscal-stressDiNapoli: Billions Needed for Repairs to Local Bridges
… bridges that remain open are considered safe to drive on, but either have load-bearing elements in poor condition … spending, public authority financial data and information on 140,000 state contracts, visit Open Book New York . The …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesDiNapoli Announces State Contract and Payment Actions for January 2017
… all state payments. This independent review ensures that costs are reasonable, the playing field is level and …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-announces-state-contract-and-payment-actions-january-2017DiNapoli: 82 School Districts in Fiscal Stress
… latest round of scoring designated eight school districts in “significant fiscal stress,” 24 in “moderate fiscal stress” and 50 as “susceptible to fiscal … watching closely to see if the limited growth allowed by the tax cap this year pushes more school districts into …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-82-school-districts-fiscal-stressDiNapoli Analyzes Post-Pandemic Tourism Across NYS
… nearly at a complete recovery, as visitor spending and tax revenue have surpassed pre-pandemic levels. “Travelers …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-analyzes-post-pandemic-tourism-across-nysDiNapoli: Gaming Revenue Plays Increasing Role In State Budget
… were the highest in the nation – more than California and Florida combined in SFY 2012-13. The state’s reliance on … amount spent at video lottery terminals (VLT), racetracks and off-track betting centers (OTB), as well as what was … underway, more casinos will mean more gaming revenue and new jobs, but the long-term impact for the state remains …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-gaming-revenue-plays-increasing-role-state-budgetWhat is a Defined Benefit Plan?
… Retirement Fund . Over the past 20 years, the Fund’s investment returns have covered 75 percent of the cost of … benefit plans, retirement assets are pooled, and the investment risk is shared. These plans are usually … administered by professional managers, whose long-term investment strategies reduce the impact of market turmoil. …
https://www.osc.ny.gov/retirement/members/defined-benefit-planState Comptroller DiNapoli Releases School District Audits
… They did not adopt a comprehensive written policy for establishing and maintaining IT equipment inventory or … $17,000 in annual service fees in the 2021-22 fiscal year for missing devices. East Bloomfield Central School District … Medicaid services provided. Claims were not submitted for reimbursement for at least 3,083 eligible services totaling …
https://www.osc.ny.gov/press/releases/2022/09/state-comptroller-dinapoli-releases-school-district-auditsState Comptroller DiNapoli Report Details LIRR Delays in 2017
… for these conditions. Most LIRR commuters (87 percent) travel to or from Penn Station in Manhattan’s central …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-report-details-lirr-delays-2017DiNapoli: Mid-Hudson Region Shows Economic Strength Following Recession
… York State Comptroller DiNapoli today released an economic profile of the Mid-Hudson region. The region’s proximity to … 2016. Read the Special Report: Mid-Hudson Region Economic Profile , or go to: … York State Comptroller DiNapoli today released an economic profile of the MidHudson region …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-mid-hudson-region-shows-economic-strength-following-recessionDiNapoli: New York State is Home to 4.4 Million Immigrants, Second Only to California
… community is the fastest growing segment of Oneida County’s otherwise declining population,” said Tony Colon, … to the challenges we face when more than 10 percent of the county speaks a language other than English.” Read the report …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-new-york-state-home-44-million-immigrants-second-only-californiaState Comptroller DiNapoli Releases Municipal Audits
… audit and approve all claims prior to payment. As a result, there was an increased risk that improper or … could not be located and provided for our review. As a result, auditors could not confirm whether they were for a …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: 90 School Districts in Fiscal Stress
… classified in “significant stress” were: Wyandanch Union Free School District (Suffolk County); Niagara-Wheatfield … Ramapo Central School District (Rockland); Lawrence Union Free School District (Nassau); Watervliet City School District (Albany); Copiague Union Free School District (Suffolk); Lewiston-Porter Central …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressDiNapoli: Buffalo's Financial Condition Improves
… fiscal outlook of Buffalo, fostering an even more vibrant business environment that will accelerate business investment and job creation and running a more … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-buffalos-financial-condition-improvesDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… A report released today found more than one of every 100 resident personal income tax (PIT) filers left … in 2020 compared to the prior year. While declining in 2021, the net number of taxpayers leaving remained one-third … just over 4 in every 1,000 taxpayers in 2021 from almost 12 in 1,000 in 2020. However, this rate was greater than the …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nyc