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New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… New York City projects a surplus of more than $2.7 billion for … today by State Comptroller Thomas P. DiNapoli. “New York City’s economy has been strong in recent years, … New York City projects a surplus of more than $27 billion for …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearAudit Finds Construction Delays in Public Housing Program Across New York State
… that repair and maintenance projects paid for with public funds are started and completed as quickly as possible and … Renewal (DHCR) together with the state’s Housing Trust Fund Corporation (HTFC) provides grants to local public … funding was available for a project that included roofing, window replacements and hazardous materials abatement. …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: Court Clerk Pleads Guilty to Stealing More Than $10,000 in Fines
… Department found she misappropriated more than $10,000 in court fees, said State Comptroller Thomas P. DiNapoli. … $1,000 fine for her actions after she pleaded guilty in Canton Town Court on Wednesday. DiNapoli’s office and a … investigation revealed that the money she collected in court fines and surcharges was never deposited in the …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-court-clerk-pleads-guilty-stealing-more-10000-finesDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… requirements get the Medicare benefits to which they are entitled, according to an audit released today by New … funded medical program that provides services to those who are economically disadvantaged or have special health care … in the audit, many of the state's Medicaid recipients are also eligible for Medicare. Medicare is the federal …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsState Pension Fund Adds $30 Million for Investments in New York Companies
… state-based investments in 42 companies including Vnomics, a fleet management software company located near Rochester and FieldLens, a construction industry mobile and web application developer … the In-State Program. To date, the program has returned a total of $293 million to the pension fund. There is $467 …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli and Diaz Help Bronx Residents Claim $245 Million in Lost Money
… See Neighborhood Map of Money Owed New York State Comptroller Thomas P. DiNapoli … I thank Comptroller Thomas P. DiNapoli and the Office of the New York State Comptroller for expanding their efforts …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-and-diaz-help-bronx-residents-claim-245-million-lost-moneyDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… businesses with fewer than five employees grew over 10% in New York City during the COVID-19 pandemic, according to a … Thomas P. DiNapoli. The report details the growth in New York City’s small businesses, the industries that were … easily online.” The overall number of businesses rose 6.5% in New York City compared to 17.4% nationally from the first …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… As the Metropolitan Transportation Authority (MTA) adjusts to the loss of $15 billion in congestion pricing revenue and decides which capital projects to cancel or delay, it must prioritize keeping the system in a state of good … As the Metropolitan Transportation Authority MTA adjusts to the loss of $15 billion in congestion pricing revenue and …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… to ensure these projects are creating or retaining the jobs and economic benefits they are supposed to. Publishing this information, including IDA costs, helps to increase their accountability.” Since 2011, the … million per project in 2011 to $29.2 million in 2021. County IDAs were responsible for 61.2% of all active IDA …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… The state Department of Health can do more to control costs … money by making sure it gets the drug rebates that it is entitled to under federal regulations, according to an audit by State … The state Department of Health can do more to control costs …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… DiNapoli said. “Sales tax growth has remained strong for a sustained stretch as consumers resumed spending … rolled out and travel restrictions were still in place. Inflation, even with the impact of the gas tax holiday, was … drivers for sales tax growth in 2022, reaching a higher rate than in any recent year after a decade of …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… Tax collections through the first half of the state fiscal year (SFY) fell $1.3 billion (3.5 percent) to $36.9 billion from the same period a year ago as personal income tax (PIT) receipts, the state’s … source of revenue, lagged expectations, according to a mid-year report on revenue and monetary settlements released …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments
… State Comptroller Thomas P. DiNapoli, Albany County District Attorney David Soares and the New York State Police … lifestyle,” DiNapoli said. “I thank Albany County District Attorney David Soares and the New York State Police … we take issues of fraud very seriously,” said Assistant District Attorney Erin Bates, who is handling the prosecution …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… for all localities totaled more than $1.5 billion, up $175 million from October 2020. This growth continues the … increase also surpassed pre-pandemic levels and was up 7% (or nearly $101 million) over October of 2019. “Sales … for all localities totaled more than $15 billion up $175 million from October 2020 …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… during pre-pandemic levels, growing 6.5%, or nearly $93 million, over August of 2019. New York City’s collections …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentChemical Dependency Program Payments to Selected Contractors in New York City (Follow-Up)
… Purpose To determine the extent of implementation of the seven recommendations included in our initial audit … audit report, which was issued on May 6, 2010, reviewed the payments to two contractors; Palladia Inc, and the Queens … Determine the extent of implementation of the 7 recommdtns incl in our …
https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-followDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… Commissioner Betty A. Rosa. The full op-ed is below: We should be teaching financial literacy in NY's high schools … learn age-appropriate topics about money; its value; how to save, invest and spend; and how to budget as the … literacy education in all our schools. Financial literacy can be a great equalizer for students, and New York cannot …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
… in holding violators accountable and attaining restitution for workers while allowing infractions to continue, according … but DiNapoli’s audit found many claims wait long periods for a determination. The audit reviewed 7,847 claims relating … New York City employers and found many listed as pending for long periods of time. Among them were 354 complaints that …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nycDiNapoli Statement on Guilty Plea in Federal Court of Cancer Care Provider
… today issued a statement on the guilty plea in U.S. District Court by Joseph L. Junkovic related to a scheme to … DiNapoli today issued a statement on the guilty plea in US District Court by Joseph L Junkovic related to a scheme to …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-statement-guilty-plea-federal-court-cancer-care-providerLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… Thomas P. DiNapoli. Overall, local collections totaled $1.82 billion, up $53.3 million compared to the same time last … than some local officials anticipated after two years of more robust growth, making careful cash flow monitoring … and Finance, and the amounts are based on estimates of what each municipality is due. In the third month of each …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-year