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DiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… seekers, which will help balance its $116.9 billion FY 2026 budget, according to a report released today by State … account for just 6.4% ($7.4 billion) of the city’s FY 2026 operating budget, significantly more federal funding … In addition to the $2.34 billion in prepayments for FY 2026, the city added $2 billion in revenue and reduced …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeDiNapoli: Local Sales Tax Collections Increase by 3.6% in Third Quarter Over Last Year
… state totaled $5.9 billion in the third calendar quarter of 2023 (July - September), an increase of 3.6%, or more than $205 million, compared to the same … P. DiNapoli. This marks the second consecutive quarter of collections returning to lower pre-pandemic year-over-year …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-local-sales-tax-collections-increase-3-point-6-percent-third-quarter-over-last-yearDiNapoli Finds State Needs to Do More to Address Nursing Home Pandemic Issues
… identified in a March 2022 audit of the state’s response to the COVID-19 outbreak in nursing homes, according to a follow-up report released today by New York State … DiNapoli. The initial audit found the state was unprepared to respond to infectious disease outbreaks at nursing homes, …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-finds-state-needs-do-more-address-nursing-home-pandemic-issuesNYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall return in the first quarter of the state fiscal year 2015-2016 was 0.52 percent for the … period ending June 30, 2015, with an estimated value of $182.5 billion, according to New York State Comptroller … quarter. The Fund's audited value was $184.5 billion as of the end of the state fiscal year on March 31, 2015. As of …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli Releases Executive Budget Report
… growth is expected to slow and billions of dollars in settlement money are spent, according to an analysis of the … of $7.3 billion two years earlier. The drop will come as settlement revenues are not anticipated to continue as they … growth is expected to slow and billions of dollars in settlement money are spent according to an analysis of the …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportInvestors Renew Call on Exxon to Address Climate Risk
… Several of Exxon's peers including BP, ConocoPhillips, Royal Dutch Shell and Total have endorsed 2 degree scenario …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskDiNapoli: Tesla Investors Should Vote Against Musk's Trillion Dollar Pay and Director Nominees
… repeated governance failures that have contributed to brand damage, extreme stock volatility, legal risk, and the …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-tesla-investors-should-vote-against-musks-trillion-dollar-pay-and-director-nomineesNYS Common Retirement Fund Announces Second Quarter Results
… Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the … period ending Sept. 30, 2017, with an estimated value of $201.3 billion, according to New York State Comptroller … exceeded the strong performance we saw at the start of the fiscal year," DiNapoli said. "The Fund's value …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… Fund's (Fund) overall return in the third quarter of the state fiscal year 2017-2018 was 4.12 percent for the … period ending Dec. 31, 2017, with an estimated value of $209.1 billion, according to New York State Comptroller … solid returns on investments during the last three months of 2017," DiNapoli said. "Notwithstanding recent volatility, …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli Presses Worst Greenhouse Gas Emitters to Meet Paris Climate Agreement Goals
… modeled on one of the Fund's existing indices of domestic stocks, the Russell 1000. In January 2018, DiNapoli announced …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-presses-worst-greenhouse-gas-emitters-meet-paris-climate-agreement-goalsDiNapoli Announces Oil Spill Fund Agreement With St. Lawrence County
… York Environmental Protection and Spill Compensation Fund (Oil Spill Fund) and St. Lawrence County to convert the site … to restore contaminated land to public use." The Oil Spill Fund, which is administered by DiNapoli's office in … is part of a wider statewide effort by the Comptroller and Oil Spill Fund to partner with the DEC, the OAG, and local …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-announces-oil-spill-fund-agreement-st-lawrence-countyNYS Common Retirement Fund Reports Second Quarter Results
… Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year 2018-2019 was 3.47 percent for the … period ending September 30, 2018, with an estimated value of $213.2 billion, according to New York State Comptroller … long-term." The Fund's estimated value reflects benefits of $5.6 billion paid out during the first half of the State …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
The New York State Common Retirement Funds Fund estimated return in the third quarter of the State Fiscal Year SFY 201819 was 717 percent for the threemonth period ending Dec 31 2018 with an estimated value of $1973 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2020-21 was 6.24 percent for … 30, 2020, and ended the quarter with an estimated value of $226.4 billion, according to New York State Comptroller Thomas P. DiNapoli. “A second straight quarter of strong investment returns raised the pension fund’s …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-results30% New York State Initiative
… and Markets is adequately administering the 30% New York State Initiative to ensure that New York State food products are provided to children as part … period from July 2022 through June 2025. About the Program New York State households with children have experienced the …
https://www.osc.ny.gov/state-agencies/audits/2025/10/16/30-new-york-state-initiativeDiNapoli: Over One Million New Yorker Households Are Not Connected to Broadband
… million, or 13.8%, of households do not have access or a subscription to home broadband services, according to a … who don’t have access or are unable to afford a home subscription. High-speed connections are an imperative for … Benefit Program, which currently provides a $50 per-month subscription subsidy and a one-time discount on a computing …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-over-one-million-new-yorker-households-are-not-connected-broadbandDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… relief from the federal American Rescue Plan Act of 2021 (ARPA) in 2021 and 2022, which they were required to obligate … federal stimulus funds in terms of overall dollars, while ARPA funds represented 14.4% of total 2019 (pre-pandemic) … twenty cities (32.7%) received their first installment of ARPA funding in an amount that exceeded 10% of their 2019 …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsDiNapoli: NYC's Open Streets Program Supported Retail and Restaurant Job Recovery in Manhattan, Brooklyn
… operation, though the gains were concentrated in areas of Manhattan and Brooklyn, according to a report released today … across the city, with 2021 marking the most popular year. Manhattan had the greatest share of locations, with 34.9% in … operated every year and were concentrated in parts of Manhattan and Brooklyn. The largest share (37.5%) operated …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-nycs-open-streets-program-supported-retail-and-restaurant-job-recovery-manhattan-brooklynDiNapoli: NYC Contract Spending Rises $7 Billion Since FY 2019
… to $24.3 billion in fiscal year (FY) 2023, an increase of nearly $7 billion from FY 2019, representing an outsized share (41%) of total citywide operating spending growth in this period, … has risen faster than other spending and is consuming more of the city’s operating budget," DiNapoli said. “This rise …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-nyc-contract-spending-rises-7-billion-fy-2019DiNapoli: MTA Budget Gaps Return
… of state funds last year, the Metropolitan Transportation Authority (MTA) now faces growing fiscal uncertainties and … ridership not increasing at the rate MTA had expected, the authority has had to lower its expectations for farebox … Financial Outlook for the Metropolitan Transportation Authority Related Work MTA 2025-2029 Capital Program …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-return