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Prompt Payment Interest Report FY 2021-2022, May 2022

For State Fiscal Year (SFY) 2021-22, agencies paid vendors $1,005,376 in interest, a decrease of $445,842 (approximately 31 percent) from SFY 2020-21.

https://www.osc.ny.gov/files/reports/special-topics/pdf/prompt-payment-interest-2021-22.pdf

Prompt Payment Interest Report FY 2020-2021, May 2021

For State Fiscal Year (SFY) 2020-21, agencies paid vendors $1,451,218 in interest, a decrease of $279,793 (approximately 16 percent) from SFY 2019-20.

https://www.osc.ny.gov/files/reports/special-topics/pdf/prompt-payment-interest-2020-21.pdf

Olean Firefighter Charged With Stealing Over $116,000 From City's Fire Department

… New York State Police announced the arrest of Terry Gaylor Jr., for allegedly stealing over $116,000 from the City of Olean Fire Department (COFD). Gaylor Jr., a former trustee and current firefighter with COFD, was … Comptroller, District Attorney and State Police. “Gaylor Jr. betrayed his duty to his community by allegedly stealing …

https://www.osc.ny.gov/press/releases/2022/01/olean-firefighter-charged-stealing-over-116000-citys-fire-department

DiNapoli: Otsego County Woman Pleads Guilty to Stealing From School District

… to be sentenced May 21, 2021. She faces up to 10 years in prison, a maximum $250,000 fine, and up to 3 years of …

https://www.osc.ny.gov/press/releases/2021/01/dinapoli-otsego-county-woman-pleads-guilty-stealing-school-district

Comptroller DiNapoli and A.G. Schneiderman Announce Felony Conviction of Woman Who Stole over $290,000 in Deceased Mother's Benefits from the Buffalo Firemen's Pension Fund

… said Attorney General Schneiderman. "Today's conviction is evidence of our steadfast commitment to rooting out and … during her lifetime. The Buffalo Firemen's Pension Fund is administered by the city of Buffalo and is not part of the New York State and Local Retirement …

https://www.osc.ny.gov/press/releases/2017/04/comptroller-dinapoli-and-ag-schneiderman-announce-felony-conviction-woman-who-stole-over-290000

State Agencies Bulletin No. 2148

… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the M/C Non-Pensionable Lump Sum Payment and to provide processing instructions for entering the payment … authorizing the 2023 M/C lump sum payment pursuant to Chapter 190 of the Laws of 2023 is pending. The lump sum …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2148-managementconfidential-mc-2023-non-pensionable-lump-sum-payment

State Agencies Bulletin No. 2148.1

… Bulletin No. 2148 Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the M/C Non-Pensionable Lump Sum Payment and to provide processing instructions for entering the payment … authorizing the 2023 M/C lump sum payment pursuant to Chapter 190 of the Laws of 2023 is pending. The lump sum …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21481-managementconfidential-mc-2023-non-pensionable-lump-sum-payment

State Agencies Bulletin No. 2165

… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the PEF Non-Pensionable Lump Sum Payment and to provide processing instructions for entering the payment … lump sum payment is not pensionable and not subject to across-the-board increases but must be included in the …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2165-public-employees-federation-pef-2023-non-pensionable-lump-sum-payment

New York’s Economy and Finances in the COVID-19 Era

… count hit an all-time high of more than 9.8 million in February, reflecting net gains of nearly 2 million jobs … a body blow to the State’s economy, with combined losses in March and April wiping out 24 years of job growth, as shown in the chart below. The April decline of more than 1.9 …

https://www.osc.ny.gov/reports/covid-19-august-19-2020

DiNapoli: Needles, Birth Control Go Missing From NYC School Health Centers

… also mean that medications are not ordered when they are in low supply or not available when needed. The audit … were missing at Martin Luther King, Jr Educational Campus in Manhattan. Officials at the health center said they did … not be accounted for out of the 2,298.25 units listed in the sampled Centers’ records 712 packages of …

https://www.osc.ny.gov/press/releases/2015/01/dinapoli-needles-birth-control-go-missing-nyc-school-health-centers

DiNapoli: Gaming Revenue Plays Increasing Role In State Budget

… aid to school districts, which includes lottery revenues, is smaller now than in the year the New York State Lottery … in hopes of hitting a big winner. The payoff for the state is significant – billions are coming into state coffers. In … produce new revenue for the state, partly because gaming is taxed at a higher rate than other consumer expenditures. …

https://www.osc.ny.gov/press/releases/2014/05/dinapoli-gaming-revenue-plays-increasing-role-state-budget

DiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape

… Total revenue for New York City’s budget is expected to drop by 9.4% to $101.1 billion in Fiscal Year (FY) 2023 amid lower tax revenue and a decline … Total revenue for New York Citys budget is expected to drop by 94 to $1011 billion in Fiscal Year FY 2023 amid …

https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscape

Comptroller DiNapoli & A.G. Schneiderman Announce Sentencing of N.J. Man Implicated in Theft of $78,000 in New York State Pension Benefits

… The case was handled by Assistant Attorney General Christopher Baynes of the Public Integrity Bureau. The …

https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-ag-schneiderman-announce-sentencing-nj-man-implicated-theft-78000-new-york-state

DiNapoli: Wall St. Profits Soared in First Half of 2020

… Wall Street’s growth can only be sustained if there is broad economic recovery.” Industry performance is traditionally measured by the pretax profits of the … City, a higher share than in 2008. This year, Wall Street is on pace to shed 7,300 jobs, erasing nearly half (45 …

https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020

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