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DiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… Executive Budget financial plan released in February, and more than $30 billion higher than DOB’s initial forecasts … in a good position due to higher than projected receipts and lower than projected spending,” DiNapoli said. “I’m … a priority in light of continuing economic challenges and significant new spending commitments made recently in the …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli Releases December State Cash Report
… percent, from the same period last year to $53.2 billion and were $29.9 million lower than mid-year Financial Plan … than $1 billion,”DiNapoli said. “The timing of payments and the level of financial sector bonuses will influence … receipts exceeded original projections by $40.8 million and mid-year projections by $478.8 million, primarily because …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportNYS Common Retirement Fund Reports Third Quarter Results
… percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value of $247.7 … the ongoing market volatility, our pension fund is strong and well-diversified and ready to meet any ups and downs. Investment gains will … 1001 percent for the threemonth period ending Dec 31 2020 and ended the quarter with an estimated value of $2477 …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
… agencies to close fixed year appropriation accounts and cancel any remaining balances by September 30th of the … exempted from the M-Year legislation, must be closed and remaining balances canceled by the lapse date. All State … should review expiring grant documents to ensure payments and disbursements are correctly posted to M-Year affected …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderRFP#0008 – Audit of OSC Internal Controls
… at OSC as required by Article 45 of the Executive Law and to provide services as further detailed in the … available via the links below. The solicitation, and other information as it becomes available, is available … solicitation has been posted in Adobe Acrobat PDF format and may be opened with the free Acrobat reader, available …
https://www.osc.ny.gov/procurement/rfp0008State Agencies Bulletin No. 2092
… New York City Teachers Retirement System (NYCTRS) and the New York City Board of Education Retirement System … Affected Employees Tier 6 members of NYCERS, NYCTRS, and NYCBERS are affected. Background OT limit for Tier 6 … the pensionable overtimachers Retirement System NYCTRS and the New York Ce OT earnings limit for Tier 6 members of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systemsState Agencies Bulletin No. 2301
… New York City Teachers Retirement System (NYCTRS) and the New York City Board of Education Retirement System … Affected Employees: Tier 6 members of NYCERS, NYCTRS, and NYCBERS are affected. Background: OT limit for Tier 6 … NYCERS New York City Teachers Retirement System NYCTRS and the New York City Board of Education Retirement System …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsDiNapoli Releases Executive Budget Report
… in coming years as revenue growth is expected to slow and billions of dollars in settlement money are spent, … is much improved because of actions by the Governor and the Legislature, legal settlements and robust tax revenues this year,” DiNapoli said. “Yet … in coming years as revenue growth is expected to slow and billions of dollars in settlement money are spent …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportInvestors Renew Call on Exxon to Address Climate Risk
… of the New York State Common Retirement Fund (CRF), and the Church of England investment fund, have again asked … by global efforts to mitigate climate change. The CRF and the Church of England filed a similar proposal for … to the Paris Agreement 2 degree scenario." The CRF and the Church of England are currently engaged in ongoing …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskDiNapoli Presses Worst Greenhouse Gas Emitters to Meet Paris Climate Agreement Goals
… held by the Fund, urging them to reduce emissions and address risks arising from climate change. "Climate risk … is one of the greatest threats to the state pension fund and its long-term investments," DiNapoli said. "The … transition to a low-carbon economy is already underway and accelerating globally. As a long-term investor, we want …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-presses-worst-greenhouse-gas-emitters-meet-paris-climate-agreement-goalsNY State Comptroller DiNapoli Asks Express Scripts' Shareholders to Back Cyber Security Risk Proposal
… management company to publicly detail its cyber risk and actions taken to ensure cyber security. DiNapoli's … is one of the most critical issues facing businesses today and breaches can affect millions of people," DiNapoli said. … For any long term investor, this could be both material and valuable information. I am urging our fellow shareholders …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-asks-express-scripts-shareholders-back-cyber-security-risk-proposalState Comptroller DiNapoli Releases Municipal Audits
… , Town of Red Hook , Rockland County , City of Troy and the Village of Tuxedo Park . "In today’s fiscal climate, budget transparency and accountability for our local communities is a top … priority," said DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the …
https://www.osc.ny.gov/press/releases/2018/11/state-comptroller-dinapoli-releases-municipal-auditsNYS Common Retirement Fund Reports Second Quarter Results
… percent for the three-month period ending Sept. 30, 2020, and ended the quarter with an estimated value of $226.4 … to a new high,” DiNapoli said. “Our pension fund is strong and well-diversified, but gains are clearly fragile in this … suffering. Our economy needs additional federal stimulus and relief and hurting families need safety nets.” The Fund's …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Probation Departments Failing to Get Restitution Payments to Victims
… of probationers were behind on their restitution payments and the money that was collected from them didn’t always go … a defendant on probation to pay their victim for losses and/or damages sustained as a result of the probationer’s … for medical bills, counseling expenses, loss of earnings and the replacement of stolen or damaged property. The 13 …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victimsDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… the receipt of $750 million in unrestricted federal aid, and projects outyear gaps to drop by nearly a third from … good news for the city, thanks to strong market returns and the influx of federal funds,” DiNapoli said. “The city should capitalize on this good fortune and set aside resources to address unexpected challenges and …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… hours, but the city’s Department of Housing Preservation and Development (HPD) has likely missed numerous complaints … accountable. HPD needs to address the problems we found and ensure New Yorkers are being helped this fall and winter when they complain that they have no heat or hot …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredOvertime at State Agencies Reached All-Time High in 2020
… million, continuing an upward trend over the last decade and spurred on by the COVID-19 pandemic, according to a … Total overtime hours of 19 million increased 3.9 percent and total overtime earnings increased 5.5 percent from 2019. … The pandemic touched nearly every aspect of our lives and the men and women in public employment stepped up to help …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020DiNapoli: Many NYC Senior Citizens Remaining Too Long on DFTA Wait Lists for Services
… assistance like home delivered meals, housekeeping and personal care services because the agency is not doing … services to help older people access the services and benefits needed to stay at home and maintain their quality of life. Case managers perform … critical assistance like home delivered meals housekeeping and personal care services because the agency is not doing …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-many-nyc-senior-citizens-remaining-too-long-dfta-wait-lists-servicesDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… largely as a result of stronger tax revenue projections and a reduction in the cost of providing services to asylum … conditions have helped New York City shore up its finances and close a budget gap for the coming fiscal year,” DiNapoli … given recent uncertainty created by federal fiscal and economic policy choices, the city should be preparing for …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… with state aid that has not kept pace with inflation and slower growth in local revenue may push some local … The report provides an overview of these revenue sources and how they have affected local budgets in recent years. “With pandemic aid coming to an end and uncertainty coming out of Washington, local governments …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governments