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DiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… for the next fiscal year, helping the city balance its FY 2025 executive budget, according to a report released today … average of more than $200 million annually beginning in FY 2025. New York City has generated substantial savings from … net savings of $2.6 billion in FY 2024, $2.3 billion in FY 2025, and an average of nearly $2.2 billion in the out-years, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli Calls for Improvements to Capital Planning Process
… Over the past 10 years, New York spent an estimated $81.7 billion – including tax … its capital program, with another $9.6 billion proposed for the upcoming fiscal year, according to a report released … Comptroller Thomas P. DiNapoli. The report, which reviews New York's capital spending over the past decade and plans …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-calls-improvements-capital-planning-processNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… will restrict its investments in eight integrated oil and gas companies, including Exxon Mobil Corp., after a review of … today. The evaluation of the Fund’s integrated oil and gas holdings is part of DiNapoli’s broader review of the … managed public equity holdings in eight integrated oil and gas companies that it has determined are not …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investComptroller DiNapoli and Acting Nassau County DA Singas: Pension Scammer Sentenced
… in a double-dipping scheme. Hoffman, 66, of Shirley, was sentenced to execute a confession of judgment for the full …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-acting-nassau-county-da-singas-pension-scammer-sentencedComptroller DiNapoli & A.G. Schneiderman Announce Charges Against Florida Resident For Allegedly Stealing Over $148k In NYS Pension Benefits
… and Attorney General Eric T. Schneiderman announced today the unsealing of an indictment charging Renee Kanas, 63, a resident of Tamarac, Florida, with Grand Larceny in the Second Degree, a Class C felony. Kanas is charged in … and Attorney General Eric T Schneiderman announced the unsealing of an indictment charging Renee Kanas with …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-ag-schneiderman-announce-charges-against-florida-resident-allegedly-stealingLanguage Access Services
… customer-facing Department offices. The Department relies only on Language Line data in assessing additional language …
https://www.osc.ny.gov/state-agencies/audits/2023/10/26/language-access-servicesDiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… ERAP applications that had not yet received funding. NYCHA is expected to receive $128 million of those funds. The state …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-startCase Management
… the New York City Department for the Aging provided and paid case management services appropriately for eligible … About the Program An important goal for many older adults and their families is to be able to live independently, safely, and comfortably in one’s home for as long as possible. The …
https://www.osc.ny.gov/state-agencies/audits/2023/07/26/case-managementDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… to $594 million, a decrease of nearly 11%. In SFY 2020-21, only 17 cents of every dollar spent from DHBTF supported a …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offXI.5 Purchase Authorizations – XI. Procurement and Contract Management
… agency awards a term contract that allows for the purchase of commodities on an as-needed basis, the contract should be … This section provides information related to Office of the State Comptroller (OSC) funds reservation requirements … for additional information). Submit a signed copy of the contract letter and all other required documentation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi5-purchase-authorizationsSteppingStone Day School, Inc. – Compliance With the Reimbursable Cost Manual
… To determine whether the costs reported by SteppingStone Day School, Inc. (SteppingStone) on its Consolidated Fiscal … SteppingStone operated preschool special education full-day Special Class and full-day Special Class in an Integrated Setting programs. During …
https://www.osc.ny.gov/state-agencies/audits/2020/12/31/steppingstone-day-school-inc-compliance-reimbursable-cost-manualDiNapoli: NY's Homeownership Rate Lowest in the Nation
… to White households. “Owning a home is the ‘American Dream,’ but for too many New Yorkers that dream has been unattainable,” DiNapoli said. “The low rate of …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nys-homeownership-rate-lowest-nationDiNapoli: New Yorkers’ Debt on the Rise
… The average household debt in New York climbed to a new high of $53,830 at the end of 2021. While New Yorkers … The average household debt in New York climbed to a new high of $53830 at the end of 2021 …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-new-yorkers-debt-riseDiNapoli: NYC Sales Tax Collections Strong Due to Tourism and Commuter Return, Fueling Statewide Strength
New York Citys taxable sales grew by 181 in the first three quarters of the latest sales tax year STY March 2022 to February 2023 with leisure and hospitality sales on track to exceed prepandemic levels according to a report released today by State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-nyc-sales-tax-collections-strong-due-tourism-and-commuter-return-fueling-statewide-strengthDiNapoli: State’s Financial Plan Reflects a Bleak Economic Outlook
… underlying its economic and revenue forecasts publicly available, and update such information throughout the year … fiscal challenge. The state’s plans to delay paying $667 million in Social Security taxes and to defer an additional $700 million of the state-share Medicaid payments, among other …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-states-financial-plan-reflects-bleak-economic-outlookDiNapoli Releases East Harlem Economic Snapshot
… than three-quarters had fewer than 10 employees. While only 2 percent of the businesses employed 100 or more … While most residents (81 percent) worked in Manhattan, only 6 percent worked in East Harlem. Unemployment declined …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-releases-east-harlem-economic-snapshotNew York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… investment’s long-term value at risk. I am grateful for Senator Liz Krueger’s focus on addressing climate risk, her … consulting partners to support these critical efforts. Senator Liz Krueger said : “Today’s announcement from the … Leadership and Community Protection Act. For years, Senator Liz Krueger has been an outspoken advocate and true …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-target14th Annual Emerging Manager & MWBE Conference
… a boutique capital financing firm based in New York and Puerto Rico and focused on helping the Economic Development … serves on the foundation board for La Rabida Children’s Hospital and is a member of the Economic Club of Chicago, New … Investment Officer, Employees’ Retirement Fund of the City of Dallas Cheryl D. Alston is the Executive Director and …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/14-annual-conferenceNew York League for Early Learning, Inc. – Compliance With the Reimbursable Cost Manual
… the State Education Department’s (SED) Reimbursable Cost Manual (Manual). The audit included expenses claimed on NYL’s CFR for … costs that did not comply with the requirements in the Manual and recommend such costs be disallowed. These …
https://www.osc.ny.gov/state-agencies/audits/2017/03/29/new-york-league-early-learning-inc-compliance-reimbursable-cost-manualDiNapoli Announces State Contract & Payment Actions for June 2014
… financial officer, DiNapoli’s office reviews contracts for all state agencies and certain contracts for state public … Department $12.8 million contract with the Akron Central School District to pay for Native American tuition. … LLC to develop paper and computer-based high school equivalency exams to replace the GED. Payment …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-announces-state-contract-payment-actions-june-2014