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New York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… July 1, 2021 Edition Have Personal Income and Earnings Returned to … Prior Editions June 24, 2021 June 3, 2021 May 13, 2021 April 16, 2021 March 30, 2021 March 18, 2021 March 4, 2021 … 18, 2021 February 3, 2021 January 21, 2021 January 7, 2021 December 16, 2020 December 2, 2020 November 12, 2020 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… few months is a positive sign of our economic recovery and life moving forward as we deal with the ongoing reality of … through December), but for the entire 2021 calendar year. Table Monthly Local Sales Tax Collections by County and …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020Safe Schools Against Violence in Education (SAVE) Act - Safety Plans - 2019-MS-1
… two charter schools (collectively referred to as schools in this report) used their financial resources to develop, … safety plans and building-level emergency response plans in compliance with the New York State Safe Schools Against … met all the minimum requirements. Two schools did not have a safety plan. Eighteen schools did not have a safety team or …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/07/25/safe-schools-against-violence-education-save-act-safety-plans-2019-ms-1New 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 fiscal year (FY) 2020, up from $550 million in November 2019, which it plans … the proposed executive state budget could increase costs for the city. The city should continue to boost reserves and …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearDiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… uncertain how recent increases in statewide infection rates will impact the economy. Local governments must … the figures reported during pre-pandemic levels, growing 6.5%, or nearly $93 million, over August of 2019. New York … for August grow by double digits, ranging from 12.6% in Herkimer County to 76.3% in Delaware County. Source: …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020
… $157 million higher than anticipated, but $185.5 million, or 6.4 percent, lower than last year. Year to date collections were $1.6 billion, or 6.7 percent, lower than last year. Sales tax receipts … totaled $5.1 billion through August, $1.3 billion, or 20.2 percent, lower than last year. August sales tax …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020Examples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… $ 80,776 Statements of individual pension plans and external investment pools are required to be presented in …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsAudit Finds Construction Delays in Public Housing Program Across New York State
… Renewal (DHCR) together with the state’s Housing Trust Fund Corporation (HTFC) provides grants to local public …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: 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
… to the loss of $15 billion in congestion pricing revenue and decides which capital projects to cancel or delay, it … prioritize keeping the system in a state of good repair and it must be transparent about how the choices it makes … P. DiNapoli. “The MTA’s decisions in the coming weeks and months will affect riders for years to come,” DiNapoli …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… is a deadline on using federal COVID-19 funds, delays in allocating it to specific housing projects or housing … that auditors spoke with said they could not meet HCR’s 12-month timeframe for completing projects because of supply … oversight on some of the local administrators that did get funding to ensure they were monitoring contractors and …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingDiNapoli Announces Nominee for the Commission on Ethics and Lobbying in Government
… announced his nomination of Nancy G. Groenwegen to the Commission on Ethics and Lobbying in Government. Groenwegen previously served as counsel to the … on State Comptroller DiNapoli’s Nominee Track state and local government spending at Open Book New York . Under State …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-announces-nominee-commission-ethics-and-lobbying-governmentDiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… disabled individuals who wish to remain home and in their communities. Yet, 42% of these members only received between …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsNew York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… in New York, which peaked at 16.2 percent in April 2020. Since then, New York’s unemployment rates have slowly but … people with disabilities were some of the best on record since 2009, declining to 8.8 percent. Nevertheless, this rate … 2020 November 12, 2020 October 28, 2020 October 14, 2020 September 30, 2020 September 16, 2020 September 2, 2020 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-3-2021DiNapoli: Hate Crimes Surged in New York Over the Last Five Years
… CEO, Jewish Community Relations Council of New York "When reported hate crimes increase, we at the New York City …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-hate-crimes-surged-new-york-over-last-five-yearsNew York’s Economy and Finances in the COVID-19 Era (March 4, 2021)
… March 4, 2021 Edition Selected Economic Trends New York Unemployment Claims Show a Year of Economic … A year after the first case of COVID-19 was reported in New York State, the economic disruption caused by the … remains severe. One key measure is the total number of New Yorkers claiming unemployment insurance (UI) benefits. As …
https://www.osc.ny.gov/reports/impact-covid-19-march-4-2021Rensselaer County Industrial Development Agency – Payments in Lieu of Taxes (2021M-74)
… Development Agency (RCIDA) officials ensured payments in lieu of taxes (PILOTs) were properly billed, collected and … an inconsistent payment calculation process that resulted in two projects being overbilled a total of $170,842 and two projects being underbilled a …
https://www.osc.ny.gov/local-government/audits/county/2025/01/24/rensselaer-county-industrial-development-agency-payments-lieu-taxes-2021m-74DiNapoli: New York's Medicaid System Improperly Paid Over $16 Million in Claims
… released today by State Comptroller Thomas P. DiNapoli. “My office pays close attention to Medicaid because it’s … of state spending," DiNapoli said. “Errors can be costly. My office's latest audit found areas where the Department of …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-new-yorks-medicaid-system-improperly-paid-over-16-million-claimsPreliminary Report on the State Fiscal Year 2014-15 Enacted Budget, April 2014
The State ended SFY 2013-14 in its most favorable financial position in years.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-preliminary-2014-15.pdfLocal Sales Tax Collections Grew by Over 9% in January Compared to Last Year
… Local sales tax collections in New York state increased by 9.2% in January compared to the same month in 2022, according to an analysis released today by State …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-over-9-percent-january-compared-last-year