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DiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… Benefits Trust. The city also reduced the general reserve for FY 2021 from $1 billion to $100 million, the statutory minimum for the start of the fiscal year. Despite a balanced budget … year, the city projects a budget gap of $4.2 billion for FY 2022 because it relied heavily on nonrecurring actions …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesDiNapoli: Former Citizens Hose Fire Company Treasurer Arrested for Stealing More Than $100,000
… stealing over $100,000 from the company over a four-year period, State Comptroller Thomas P. DiNapoli, Ontario … said. “This is the second case we have investigated this year resulting in the arrest of those entrusted with …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-former-citizens-hose-fire-company-treasurer-arrested-stealing-more-100000DiNapoli: Agriculture Report Reveals Economic Growth and Challenges Facing New York Farms
… The critical role farms play in New York cannot be overstated, both as an economic engine … $2.7 billion to the state’s gross domestic product in 2022. Access to fresh, healthy food also adds to the … support for direct to customer or direct to institution marketing, to help farmers increase the share of New York …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-ny-farmsDiNapoli: Florida Man Charged with Stealing Nearly $80,000 in Pension Benefits Issued to His Deceased Father
… across the state and country to protect the pension fund. My thanks to Nassau County District Attorney Donnelly for her partnership with my investigative team. We will continue to steadfastly guard … for purchases at Nassau County businesses, including BJ’s Wholesale, Stop & Shop, Wal-Mart and other stores. The …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-florida-man-charged-stealing-nearly-80000-pension-benefits-issued-his-deceased-fatherThe North Country Is Among the Top Regions in the State for Agricultural Sales
… there are ongoing threats to this industry as outlined in a new report released today by New York State Comptroller Thomas P. DiNapoli. “New … $1.2 billion in agricultural sales in 2022. This includes being the state’s leading producer of poultry and eggs in …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-north-countryPlanning
… You need to begin planning your financial future now. The more time … be enough, but enough for what? It all depends on what you want to do. You need to determine how much income you will … account a weekly investment can grow by age 65.) For some, retirement is a long way off. But the same process that …
https://www.osc.ny.gov/retirement/members/planningState Comptroller DiNapoli Releases Municipal & School Audits
… University Preparatory Charter School for Young Men – Payroll (Monroe County) School officials did not always … employees or require adequate support for hours worked as payroll errors went undetected and resulted in unnecessary … Auditors reviewed policies and documents and examined payroll-related records for 25 of the 138 individuals …
https://www.osc.ny.gov/press/releases/2023/12/state-comptroller-dinapoli-releases-municipal-school-auditsComptroller DiNapoli and Acting Nassau County DA Singas: Pension Scammer Sentenced
… for deceiving the retirement system. The Comptroller’s discovery of Hoffman’s scheme was made possible by a 2012 …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-acting-nassau-county-da-singas-pension-scammer-sentencedDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… recent actions taken by the New York State Common Retirement Fund (Fund) to support LGBTQIA+ equity and inclusion for … ten years of policy adoption.” The New York State Common Retirement Fund is one of the largest public pension funds in …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesMore State Investment and Policies Can Create New Opportunities in Hudson Valley Which Saw Unique Gains
… The report includes an analysis of state programs and tax benefits for farmers. Some of the important findings for …
https://www.osc.ny.gov/press/releases/2024/11/more-state-investment-and-policies-can-create-new-opportunities-hudson-valley-which-saw-unique-gainsFinger Lakes Region Leads the Way Statewide in Agricultural Sales, Topping $2 Billion
… of these policies in siting of renewable energy facilities on lands other than productive farmland. Promote supportive …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-finger-lakesDiNapoli Releases East Harlem Economic Snapshot
… in East Harlem, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Over the past … has sparked business and job creation, and has attracted new residents to this increasingly diverse neighborhood," … Puerto Rican and Hispanic culture and an important part of New York City's identity." "El Barrio/East Harlem's economy …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-releases-east-harlem-economic-snapshotDiNapoli: Wall Street Bonuses Rose Sharply in 2009
… $20.3 billion in 2009, according to an estimate released today by State Comptroller Thomas P. DiNapoli. Total … to $203 billion in 2009 according to an estimate released today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009DiNapoli: Financial Viability of OTBs in Jeopardy
… lotteries, nine racing tracks in the state offering video lottery terminals (VLTs), five Native American casinos …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardyDiNapoli Releases Subway Ridership Dashboard
… subway ridership data that details where straphangers are, and are not, returning to the subway system, alongside … the ones who can least afford to lose service or pay more for it. This online tool gives riders, the MTA, elected … York state maintain affordable and reliable subway service for our immigrant community members, many of whom have no …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-releases-subway-ridership-dashboardNew York’s Economy and Finances in the COVID-19 Era
… of lost jobs. 53% of New York adults age 18 and over live in households that have lost employment income since … Data For example, while 10 percent of all U.S. adults live in households reporting not having enough to eat in the … In the wake of COVID19 more than half of adult New Yorkers live in households that have lost employment income …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli: NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation
… no information on why applicants were denied, making it hard to ensure that the process for getting these vital tax breaks was fair and equitable for all …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-nyc-ida-needs-improve-its-administration-business-tax-breaks-and-monitoring-job-creationDiNapoli Report Highlights Where New Yorkers Work
… and some regions are still struggling. This report focuses on how employment has changed across the state, and provides …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-report-highlights-where-new-yorkers-workExistential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA
… Authority. 2 American Automobile Association, State Gas Price Averages , Retrieved on July 6, 2022 from https://gasprices.aaa.com/state-gas-price-averages . 3 June weekday numbers do not …
https://www.osc.ny.gov/reports/osdc/existential-questions-facing-national-public-transit-systems-create-new-fiscal-pressures-mtaDiNapoli: Fiscal Stress May be Looming for Glens Falls
… part of DiNapoli’s fiscal stress initiative, is the latest in a series of fiscal profiles on municipalities across the … needed services, avoid tax increases and keep the budget in balance,” said DiNapoli. “But city officials are working … higher than the 3.3 percent growth for all cities in the state. By comparison, the city’s revenues increased …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-fiscal-stress-may-be-looming-glens-falls