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New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest …
https://www.osc.ny.gov/reports/covid-19-october-14-2020Comptroller DiNapoli, A.G. Schneiderman & DOI Commissioner Peters Announce The Sentence of Non-Profit Executive In Theft Scheme
… in New York City, was sentenced to one to three years in state prison. A multi-agency investigation, including NYC DOI … $300,000 in public funds provided by New York State, the New York City Council, and federal earmark grants. … accountable for stealing from needy New Yorkers," said State Comptroller Thomas P. DiNapoli. "I commend Attorney …
https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-ag-schneiderman-doi-commissioner-peters-announce-sentence-non-profit-executiveDiNapoli Announces State Contract & Payment Actions for February 2015
… State Comptroller Thomas P. DiNapoli announced today his … The Comptroller’s office averages 11 days for contract reviews and two days to audit payments. DiNapoli … DiNapoli’s auditors also recovered more than $83,000 from vendors owing debts to the state, and held payments of more …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-announces-state-contract-payment-actions-february-2015DiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis
… New York state’s affordable housing agency, Homes and Community … vouchers, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. “New York is in the … including $6.8 billion for the Section 8 Performance-Based Contract Administration Program (PBCA) and $2.6 billion for …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisisDiNapoli Releases Report on Local Roads
… Local governments across New York State spent $2 billion on road maintenance, repairs and upgrades in local fiscal … P. DiNapoli. Some local communities put road projects on hold during the pandemic, but an influx of federal money … Need The most recent comprehensive assessment of New York’s local funding needs for roads is a 2013 study from the New …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsDiNapoli: State's Pandemic Response to Nursing Homes Hindered by Ill-Prepared State Agency
… The state Department of Health (DOH) was unprepared to respond to … hit New York, an audit released today by New York State Comptroller Thomas P. DiNapoli found. DiNapoli said …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-states-pandemic-response-nursing-homes-hindered-ill-prepared-state-agencyImplications for the Future – 2021 Financial Condition Report
… March and April 2020, nearly 2 million jobs were lost in New York State and, as of August 2021, only 55 percent of … State has returned to pre-pandemic employment levels with New York City trailing its February 2020 levels by over … economic activity for the foreseeable future. Outbreaks of new variants, vaccination rates, and their impact on consumer …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… Budget Financial Plan expects monthly enrollment to remain above 7 million at least through March 2022, but decline by … local shares) grew by 5.4% per year, increasing by nearly $30 billion to reach $75.9 billion. During the pandemic, in …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021Fare Evasion
… New York City through Long Island, southeastern New York State, and Connecticut. The MTA has two agencies that provide … Bureau is an administrative tribunal established by State legislation in July 1985 to provide a forum for …
https://www.osc.ny.gov/state-agencies/audits/2021/04/15/fare-evasionDiNapoli: NYC Fiscal Year 2024 Budget Balanced, but Out Year Gaps Continue to Grow
… the five boroughs, according to a report released today by State Comptroller Thomas P. DiNapoli. “New York City has … The portion funded with other sources, mostly federal and state grants, is $32.8 billion. The city plans to allocate …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-nyc-fiscal-year-2024-budget-balanced-out-year-gaps-continue-growDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… stands on firmer financial ground, largely because the state budget provided dedicated sources of revenue to close projected budget gaps, according to New York State Comptroller Thomas P. DiNapoli’s annual report on the …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: Mobile Sports Betting Adds to State Revenue, But Calls to Problem Gambling Hotline Rise as Gaming Expansion Continues
… State collections from the taxes on mobile sports betting totaled $727.4 million in State Fiscal Year (SFY) 2022-2023 and have continued to grow …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mobile-sports-betting-adds-state-revenue-calls-problem-gambling-hotline-rise-gamingDiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… than the rest of the overall workforce share of 47%. High Pay: In 2021, the average salary in tech reached $228,620, …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesDiNapoli: Wall St. First Half Profits Jumped
… factors pose threats to second half profits, according to State Comptroller Thomas P. DiNapoli’s annual report on Wall … what happens on Wall Street directly impacts the New York State and New York City economies.” Industry performance is … industry jobs statewide in New York, more than any other state in the nation. California was second with 96,100 jobs. …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedNY's Balance of Payments With Washington Remains Positive for Now, but Federal Actions Could Drastically Change State's Financial Picture
… issued today by State Comptroller Thomas P. DiNapoli. This is the fourth year in a row that New York has had a positive … While some funding has been unfrozen, it is unclear how much the state and local governments and state residents can …
https://www.osc.ny.gov/press/releases/2025/04/nys-balance-payments-washington-remains-positive-now-federal-actions-could-drastically-change-statesFinancial Oversight of the Advantage After School Program (Follow-Up)
… the Program The Office of Children and Family Services (OCFS) is responsible for administering the Advantage After … and parents in the design and delivery of activities. OCFS awards contracts to eligible not-for-profit community … sites within the same region. As of September 1, 2018, OCFS reported having contracts with 139 Providers to operate …
https://www.osc.ny.gov/state-agencies/audits/2019/09/27/financial-oversight-advantage-after-school-program-followDiNapoli: Foreclosure Filings Fall Nearly 50 Percent Statewide Since 2013
… to 25,334, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. “The decline in … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-foreclosure-filings-fall-nearly-50-percent-statewide-2013Medicaid Program – Improper Medicaid Payments for Childhood Vaccines
… free vaccines to eligible children younger than 19 years of age whose parents or guardians may not be able to afford … their recommended vaccines and are protected from a number of diseases. The Centers for Disease Control and Prevention … ensure proper recoveries are made. Formally instruct MCOs on the proper payment of administered VFC Program vaccines. …
https://www.osc.ny.gov/state-agencies/audits/2018/12/06/medicaid-program-improper-medicaid-payments-childhood-vaccinesMedicaid Program – Maximizing Drug Rebates for Health and Recovery Plans
… In 1990, Congress created the Medicaid Drug Rebate Program to reduce state and federal expenditures for Medicaid … drug costs. In January 1991, New York’s Medicaid program began requesting rebates from drug manufacturers. On … a result of New York State’s restructuring of the Medicaid program, the Department created a new type of health plan, …
https://www.osc.ny.gov/state-agencies/audits/2018/06/22/medicaid-program-maximizing-drug-rebates-health-and-recovery-plansDiNapoli: State Agency Overtime Pay Rose to a Record $716 Million Last Year
… Overtime pay at state agencies jumped for the sixth straight year to a … employees worked 16.8 million overtime hours last year, at a record cost of $716 million,” DiNapoli said. “New York’s … Veterans’ Homes had the highest share of overtime workers, at 46.5 percent, followed by OPWDD and the State Police. …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-state-agency-overtime-pay-rose-record-716-million-last-year