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DiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… Housing costs in New York City and the surrounding suburbs have grown more … Housing costs in New York City and the surrounding suburbs have grown more …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesXIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… as a whole, rather than the needs of its component parts. In this way STIP can be compared with a money market fund, … not needed for day-to-day activities or to make payments in the money market fund. Although state funds are pooled in the STIP, separate accounting records are maintained to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipDiNapoli Announces Sale of $636 Million State of New York General Obligation Bonds
… depending on market conditions, $454.8 million to refund a portion of certain outstanding General Obligation bonds to … of the Comptroller of the State of New York on March 16, 2021, as set forth in the Notice of Sale published in The Bond Buyer on March 11, 2021. The bonds will be dated as of the date of delivery, …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-announces-sale-636-million-state-new-york-general-obligation-bondsDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) estimated overall investment return was 33.55 percent for the state fiscal year (SFY) that … State Comptroller DiNapoli announced that the New York State …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyDiNapoli: Report Finds Mixed Job Picture in Upstate NY
… New York lags behind downstate New York and the nation in job growth since the Great Recession, according to a … Thomas P. DiNapoli. Since June 2009, total employment in upstate New York rose by 0.3 percent compared to 2.2 percent in the downstate region and 1.9 percent nationwide during the …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-report-finds-mixed-job-picture-upstate-nyWhat is a Defined Benefit Plan?
… to an individual retirement account, and the money in the account is invested. Though the plan may offer pre-packaged investment options, in many cases, it is the responsibility of the employee to … result is that employee contributions are usually higher in defined contribution plans. Financial advisers recommend …
https://www.osc.ny.gov/retirement/members/defined-benefit-planWall Street Profits Up in 2016
… employees located outside of New York City (whether in domestic or international locations) are not included. The … by 2 percent. As a result, tax collections should be close to forecast. Chart showing the Comptroller’s estimates …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016III.9 Provisions for 15 Day Prompt Payment Interest Eligibility – III. Statewide Financial System (SFS)
… prompt payment interest. Submitting an invoice by email, fax, text, SMS or any other method that necessitates manual … into the agency’s system name, email address, and phone number of an agency contact person any other relevant …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii9-provisions-15-day-prompt-payment-interest-eligibilityDiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… states, including Utah, Rhode Island, Tennessee, Ohio, and West Virginia, require students take a personal finance class … education in schools starting as early as Pre-K. One bill called for the creation of a financial literacy fund, …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsDiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… the year with an estimated value of $272.8 billion. (Note: In July 2025, following the annual audit of the Fund's … to $273.1 billion.) “Market volatility has been pronounced in the first half of 2025, with unpredictable actions out of … uncertainty for investors that is likely to continue in the short term,” DiNapoli said. “The state pension fund’s …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Big Flats Fire District #2 – Internal Controls Over Financial Operations (2012M-155)
… Background The Big Flats Fire District No. 2 is located in Chemung County. The District’s general fund budget totaled $101,467 for the 2012 fiscal year. Included in the budget is $30,000 for rent of the Golden Glow … $30,000 annually, which was double the $15,000 amount paid in 2010, for the two existing firehouses. When the new …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/01/30/big-flats-fire-district-2-internal-controls-over-financial-operations-2012mDiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… restaurant, retail and recreation (RRR) sectors continued to struggle during the COVID-19 pandemic, even before the … fewer jobs in November than from two years ago, according to a report released today by State Comptroller Thomas P. … those in disadvantaged communities, are likely to need continued support, especially in light of the recent …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicAnnual Assessment of Market Orders for 2015 and 2016 (2018-S-44) 90-Day Response
To determine whether the Department of Agriculture and Markets (Department) had adequate procedures in place during the audit period to accurately report its...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-18s44-response.pdfTown of Lockport – Asphalt Millings Inventory (2025M-55)
… of such materials are accounted for. The Superintendent in office during the audit fieldwork was appointed on August 16, 2023. The former Superintendent was in office for the remainder of the audit period. Audit … and sales revenue that could occur and go undetected. In addition, because millings are a lower-cost alternative to …
https://www.osc.ny.gov/local-government/audits/town/2025/11/26/town-lockport-asphalt-millings-inventory-2025m-55DiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… New York City projects a surplus of nearly $4.2 billion in FY 2017, the largest since FY 2008, but faces uncertainty with potential policy changes in Washington, as well as slowing growth in tax collections and job creation, according to a report … New York City projects a surplus of nearly $42 billion in FY 2017 the largest since FY 2008 but faces uncertainty …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetDiNapoli: NYC Finances Strong But Slowing Economy Presents Risks
… York City’s economy, bolstered by robust economic growth in recent years, is strong and the out-year budget gaps are … City Council have prudently increased the city’s reserves in recent years.” In January, Mayor de Blasio released his preliminary … New York Citys economy bolstered by robust economic growth in recent years is strong and the outyear budget gaps are …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-nyc-finances-strong-slowing-economy-presents-risksDiNapoli: Wall Street Profits Surge Again, Giving New York a Fiscal Boost
… the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are 130 NYSE member firms, down … data. State and City Tax Revenue The securities industry is a major tax contributor to the state and city through … most recent year with available data. The industry’s share is expected to increase when 2024 data is released, …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-wall-street-profits-surge-again-giving-new-york-fiscal-boostCentral New York Regional Market Authority – Financial Condition (2024-18)
Determine whether the Central New York Regional Market Authority Board of Directors (Board) and officials effectively managed the Authority’s financial condition and planned for future capital and operational needs.
https://www.osc.ny.gov/files/local-government/audits/2024/pdf/central-new-york-regional-market-authority-2024-18.pdfThe Tourism Industry in New York City
… compared to the prior year. City taxis require an official medallion to operate, and drivers often take on significant … by the pandemic. Mayor de Blasio has proposed a medallion relief plan, but the New York Taxi Workers Alliance … (i.e., ride-hailing apps) in the City, compared to 13,587 medallion taxi vehicles. In 2019, the average yellow cab …
https://www.osc.ny.gov/reports/osdc/tourism-industry-new-york-cityCareer and Technical Education
… DOE officials. About the Program CTE programs (referred to in the past as vocational, occupational, or practical arts … and hands-on training to prepare them for future careers in occupational fields. During the 2017-18 school year, DOE … set guidelines and expectations for CTE programs in NYC. These guidelines and requirements aim to, among other …
https://www.osc.ny.gov/state-agencies/audits/2021/05/20/career-and-technical-education