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DiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… small gaps in the following three years, according to a review of the city’s updated financial plan released … city’s budget team deserve credit for increasing reserves to hedge against any future economic setback.” Higher than … current year’s surplus. Tax collections are now expected to exceed the city’s original forecast by $2.4 billion to …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Atlanta, Ga Resident in Pension Fraud Case
… stealing over $204,000 in state pension benefits issued to his deceased mother. As part of his guilty plea in January 2016, Cook admitted to stealing $204,315.76 in pension benefits issued to his deceased mother, Yvonne Powell, by the New York State …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-atlanta-ga-resident-pension-fraud-caseDiNapoli: Former Mahopac VFD Treasurer Sentenced After $5.6 Million Embezzlement
… was sentenced today by U.S. District Judge Cathy Seibel to 77 months in prison for wire fraud, subscription to false tax returns, obstruction of the grand jury, and … stole $5.7 million from the Mahopac VFD and community to buy yachts, jewels, and a Florida home while he was VFD …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-former-mahopac-vfd-treasurer-sentenced-after-56-million-embezzlementDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… certain eligibility requirements get the Medicare benefits to which they are entitled, according to an audit released today by New York State Comptroller … if implemented, could save another $69 million from 2016 to 2018, which includes $17 million in savings for counties …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsComptroller DiNapoli & A.G. Schneiderman Announce Sentence of Brooklyn Man for Stealing Over $22K in Deceased Mother's Pension Benefit
… the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and … Attempted Grand Larceny in the Third Degree and sentenced to 1 ½ to 3 years in state prison by the Honorable Elizabeth Foley …
https://www.osc.ny.gov/press/releases/2017/05/comptroller-dinapoli-ag-schneiderman-announce-sentence-brooklyn-man-stealing-over-22k-deceasedState Ends 2015-16 Fiscal Year with Strong Cash Position Largely From Temporary Resources
… and personal income tax (PIT) collections, according to a report released today by State Comptroller Thomas P. … Fund ended the year with a balance of $8.9 billion, equal to approximately 5.8 percent of All Funds receipts, the … ended the fiscal year with cash in the bank largely thanks to billions of dollars in settlements received over the past …
https://www.osc.ny.gov/press/releases/2016/05/state-ends-2015-16-fiscal-year-strong-cash-position-largely-temporary-resourcesNYS Common Retirement Fund Announces Second Quarter Results
… 2016, with an estimated value of $184.5 billion, according to New York State Comptroller Thomas P. DiNapoli. … perspective and our diversified portfolio continue to cushion the Fund against volatility and help ensure … of 2 percent and an estimated value of $181 billion. Prior to that the Fund’s audited value was $178.6 billion as of the …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: Wall St. 2021 Profits near Record Levels
… the industry generated in 2009. The city’s June financial plan forecast Wall St.’s 2021 profits returning to pre-2020 … pace to lose 4,900 jobs. By contrast, the city’s financial plan forecast a 5.1% gain in securities employment in 2021, …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… meeting the program’s rigid requirements and lacked access to major lenders, according to a report released today by … than 10 employees. Prior to the pandemic, the JPMorgan Chase Institute found that businesses in communities of color … of business owners, many of the Bronx neighborhoods where businesses received fewer loans had higher …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… tax (PIT) filers left New York state in 2020, according to State Comptroller Thomas P. DiNapoli. The COVID-19 … with net out-migration quadrupling in 2020 compared to the prior year. While declining in 2021, the net number of … in 2020,” DiNapoli said. “While patterns shifted closer to pre-pandemic trends in 2021, net out-migration rates …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycDiNapoli and Oneida DA McNamara Announce Arrests of Utica School Superintendent and Former Utica Mayor for Theft of Public Funds
… President Louis LaPolla for allegedly using taxpayer funds to pay for political campaigns and a non-school related fundraiser. “The diversion of funds meant to support the education and well-being of students by … the students of the district who they were duty-bound to help, these two defendants allegedly chose to serve …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-and-oneida-da-mcnamara-announce-arrests-utica-school-superintendent-and-former-utica-mayorOpinion 89-45
… amount plus hourly rate for attorney employed as counsel to zoning board of appeals) ZONING AND PLANNING -- Zoning … amount plus hourly rate for attorney employed as counsel to zoning board of appeals) PUBLIC OFFICERS AND EMPLOYEES -- … amount plus hourly rate for attorney employed as counsel to zoning board of appeals) TOWN LAW, §§27(1), 267(1); …
https://www.osc.ny.gov/legal-opinions/opinion-89-45DiNapoli: Former Riverside Treasurer Embezzles $80K
… village’s credit card for personal purchases, according to an audit released today by State Comptroller Thomas P. … control over a municipality’s finances with little to no oversight. I would like to thank the State Police and Steuben County District …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-former-riverside-treasurer-embezzles-80kBrooklyn Man Pleads Guilty in Check Theft Scheme
… (USPIS) announced that Gennady Galker pleaded guilty to one count of Grand Larceny in the Third Degree following … Brooklyn District Attorney Gonzalez in the fight against mail theft in Brooklyn. Mr. Galker preyed upon the people in … checks, which had been mailed to addresses around Midwood where he lived, deposited them using a stolen identity, then …
https://www.osc.ny.gov/press/releases/2023/08/brooklyn-man-pleads-guilty-check-theft-schemeDiNapoli: Brooklyn is King of NYC Economic Growth
… jobs in 2012 after decades of losses, according to an economic snapshot of Brooklyn released today by New … DiNapoli. "Business in Brooklyn is booming and people want to live there because of the borough’s economic … the borough’s overall economy is flourishing and is poised to keep growing." "There is no question: Brooklyn is …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-brooklyn-king-nyc-economic-growthState Agencies Bulletin No. 2060
… Purpose The purpose of this bulletin is to reconcile employee Social Security Numbers and names in … Verification Report) are affected. Background Pursuant to Internal Revenue Service Publication 15 (Circular E), employers are required to enter a correct name and Social Security Number on their …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2060-verification-employees-social-security-number-ssn-and-name-be-reportedDiNapoli Releases Year-End and April Cash Reports
… Financial Plan released earlier this month, according to the April Cash Report released today by State Comptroller … of the Budget has released a Financial Plan that responds to the April shortfall. The recent tax collections are … that the economy remains unpredictable and we need to be cautious as we look ahead to the remainder of the …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsState Agencies Bulletin No. 2243
… No. 2243.1 . Purpose: The purpose of this bulletin is to notify agencies of the new Payroll Check Notification … deposit returns, and retirement refunds, in addition to the status of direct deposit returns and direct deposit … Report: The Payroll Check Notification Report is available to agency payroll staff via a link on the PayServ Bulletin …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2243-new-payroll-check-notification-reportState Agencies Bulletin No. 2243.1
… Bulletin No. 2243 Purpose: The purpose of this bulletin is to notify agencies of the new Payroll Check Notification … deposit returns, and retirement refunds, in addition to the status of direct deposit returns and direct deposit … Report: The Payroll Check Notification Report is available to agency payroll staff via a link on the PayServ Bulletin …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/22431-new-payroll-check-notification-reportDiNapoli: Troy's Proposed Bond Financing for Its Lead Pipe Replacement Program Is Lawful and Constitutional
… In response to a request from the Troy City Council, New York State … Facilities Corporation (EFC) under a federal program to help fund its replacement of public and private lead water … on using public funds for private purposes. “Exposure to lead from water service pipes is a public health crisis …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-troys-proposed-bond-financing-its-lead-pipe-replacement-program-lawful-and-constitutional