Search
XVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
In 1990 the US Congress enacted legislation 1405a of Public Law 101510 amended 31 USC 15511557 which requires all Federal agencies to close fixed year appropriation accounts and cancel any remaining balances by September 30th of the 5th year after the period of availability began
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… $3.3 billion higher than forecast by the Division of the Budget (DOB) in the Amended Executive Budget financial … projections. PTET proceeds are expected by the Division of the Budget to be offset by lower personal income tax (PIT) … were made to the rainy-day fund reserves to set aside some of the state’s gains. Following through with plans to …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsCUNY Bulletin No. CU-728
… (Cor Sal) with the salary that corresponds to the new step on the 02/01/2022 salary chart if the employee …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-728-february-2022-professional-staff-congress-psc-1000-generalDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… on the receipt of $750 million in unrestricted federal aid, and projects outyear gaps to drop by nearly a third from … which averaged $4 billion annually from FY 2023 through FY 2025 in the adopted budget in June 2021, were narrowed … that unbudgeted spending growth for city worker overtime pay will exceed projections by more than $500 million …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidDiNapoli Releases December State Cash Report
… P. DiNapoli. New York state also received $235 million in new monetary settlements during December. "Overall tax collections in December were close to reduced estimates from the mid-year … bonuses will influence whether current estimates are met in the final quarter of the fiscal year.” Through December, …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … growth in the stock market has added to the state pension fund’s dramatic increases this year,” DiNapoli said. … requested data. … The New York State Common Retirement Funds Fund estimated return in the third quarter of the State …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … straight quarter of strong investment returns raised the pension fund’s estimated value to a new high,” DiNapoli said. … requested data. … The New York State Common Retirement Funds Fund estimated return in the second quarter of the …
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
… from them didn’t always go to crime victims, with some funds languishing for years, according to a review of more … up their efforts to make sure that victims are getting the funds they deserve.” Restitution is court-ordered … payments to the victims who can be located and transfer unclaimed money to the undisbursed restitution account when …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victimsOvertime at State Agencies Reached All-Time High in 2020
… high at more than $850 million, continuing an upward trend over the last decade and spurred on by the COVID-19 … payroll spending in 2020, an increase from the 4.2 percent average from 2011 through 2019. “State agency overtime …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020DiNapoli: Former Town of Gardiner Employee Arrested for Pocketing Over $14,000 in Underserved Health Insurance Buyouts
State Comptroller DiNapoli Ulster County District Attorney Clegg and the New York State Police announced that Kyle Fletcher a heavy equipment operator employed by the Town of Gardiner was arrested for defrauding the Town of over $14000 in health care buyout payments he was not entitled to
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-former-town-gardiner-employee-arrested-pocketing-over-14000-underserved-health-insuranceDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… a thermometer provided by HPD. Tenants without heat often resort to space heaters, ovens or other potential fire …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredDiNapoli: MTA Faces Growing Risks to Its Capital Funding
… Comptroller Thomas P. DiNapoli. “The MTA’s capital program is critical to winning riders back to public transportation … MTA’s system are in poor condition, and the MTA relies on debt to pay for the capital improvement projects to maintain … the MTA’s target for 2024, once estimated at $12 billion, is now less than $3 billion. Congestion pricing was supposed …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-fundingNew York's 529 College Savings Program Delivers $287 Million to College Students Since January
… Comptroller Thomas P. DiNapoli said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. “With the cost of college on the rise, it’s a great time to consider opening … which can be opened by anyone with a contribution of $25, and 185,866 Advisor Plan accounts, which require a …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryState Agencies Bulletin No. 2301
… of Education Retirement System (NYCBERS) for the 2025 plan year is $20,958.00. Affected Employees: Tier 6 members of … Background: OT limit for Tier 6 began in State fiscal year 2012-13 at $15,000. The limit increases each year based on the Consumer Price Index on December 31 of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… governments outside of New York City saw double-digit year-over-year percentage increases in local sales tax collections … growth typical of the pre-pandemic period, with moderate year-over-year increases. Local sales tax revenue outside New …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… New York City increased its expectations for its surplus in fiscal year (FY) 2025 to $2.34 billion, largely as a result of stronger tax revenue projections and a reduction in the cost of providing services to asylum seekers, which will help …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeSubway Recovery Tracker
… had a profound and disparate impact on subway ridership in New York City. Initially, the emergence of the virus in March and April 2020 corresponded with a steep and uniform drop in subway usage across all five boroughs. Citywide, April …
https://www.osc.ny.gov/osdc/subway-recovery-trackerDiNapoli: Youth in NYC Face Double Digit Unemployment Rate
… Young workers in New York City between the ages of 16-24 continued to face a high 13.2% unemployment rate in … may impact SYEP’s capacity going forward. In fiscal year 2024, federal grants provided about 19% of the funding …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-youth-nyc-face-double-digit-unemployment-rateRFP#0008 – Audit of OSC Internal Controls
… conduct an independent audit of existing internal controls at OSC as required by Article 45 of the Executive Law and to … July 9, 2025) Note: the solicitation has been posted in Adobe Acrobat PDF format and may be opened with the free … conduct an independent audit of existing internal controls at OSC as required by Article 45 of the Executive Law and to …
https://www.osc.ny.gov/procurement/rfp0008DiNapoli: Sales Tax Collections Growth Slowed in First Half of 2015
… annual growth over the past 15 years, according to a report released today by State Comptroller Thomas P. … excluding all cities, increased only 0.5 percent for the first six months of 2015, with many counties seeing a … slow growth in sales taxes could pose fiscal challenges for local governments across New York, especially for …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-sales-tax-collections-growth-slowed-first-half-2015