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The Construction Industry in New York City: Recent Trends and Impact of COVID-19
… the highest job losses. The loss of 44,400 construction jobs was the State’s worst annual decline in more than 25 … by 14.4 percent (23,300 jobs) in 2020, worse than for the private sector overall. Most construction firms in New York … to continue, such as those involving the Metropolitan Transportation Authority (MTA), other infrastructure, schools …
https://www.osc.ny.gov/reports/osdc/construction-industry-new-york-city-recent-trends-and-impact-covid-19Mitchell Lama Applicants Charged $200 for Virtually No Chance of Apartment in Their Lifetime
… Despite waiting lists for Mitchell Lama apartments being very long and turnover very slow, some … six lotteries for applicants to get on waiting lists for apartments in 2013, 2016 and 2017, collecting over $200,000 … in fees from 1,002 applicants. They awarded just 23 apartments. Another 29 people on the waiting lists asked to …
https://www.osc.ny.gov/press/releases/2019/12/mitchell-lama-applicants-charged-200-virtually-no-chance-apartment-their-lifetimeExamples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting … Sample City Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year Ended … out (290,000) (211,409) (501,409) (175,003) Change in net assets 4,632,009 (1,412,124) 3,219,885 (758,808) Total …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assetsNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… Bureau of Investigation (FBI) announced the indictment of MICHAEL J. VATTER, the Chief of the Newburgh Fire Department, … State Comptroller DiNapoli announced the indictment of MICHAEL J VATTER charging him with fraudulently obtaining …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsDiNapoli: NYC's Open Streets Program Supported Retail and Restaurant Job Recovery in Manhattan, Brooklyn
… operation, though the gains were concentrated in areas of Manhattan and Brooklyn, according to a report released today … across the city, with 2021 marking the most popular year. Manhattan had the greatest share of locations, with 34.9% in … operated every year and were concentrated in parts of Manhattan and Brooklyn. The largest share (37.5%) operated …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-nycs-open-streets-program-supported-retail-and-restaurant-job-recovery-manhattan-brooklynMedicaid Program – Administrative Costs Used in Premium Rate Setting of Mainstream Managed Care Organizations
… accurate administrative costs to the Department of Health (Department) and whether the Department is … who are economically disadvantaged and/or have special health care needs. The New York State Medicaid program is … between WellCare and a related party, Comprehensive Health Management, Inc. (CHMI), in a timely manner, nor did …
https://www.osc.ny.gov/state-agencies/audits/2017/09/13/medicaid-program-administrative-costs-used-premium-rate-setting-mainstream-managed-careDiNapoli: Ralph Lauren Should Ensure Human and Worker Rights are Upheld in its Operations
… New York State Comptroller Thomas P. DiNapoli released the … About the Common Retirement Fund The $176.8 billion New York State Common Retirement Fund is the third largest … States. The Fund holds and invests the assets of the New York State and Local Retirement System on behalf of more …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-ralph-lauren-should-ensure-human-and-worker-rights-are-upheld-its-operationsDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… investments, an additional $300 million allocation to Bank of America Merrill Lynch Capital Access Funds for …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programState Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… disagreed with the audit’s findings. Their full response is contained in the audit. DiNapoli’s auditors noted that ESD … no tangible results. His office has also released a series of audits on the state’s minority- and women-owned …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programChild Care in NY Challenged by Staff Shortages, High Prices and Too Few Slots
… post-pandemic including child care deserts, low wages and high prices that are putting a financial strain on … well below the state’s median, making it hard to attract and retain the workforce needed to provide services. An … care system is integral to the state’s economic future and must remain a priority for policymakers.” DiNapoli’s …
https://www.osc.ny.gov/press/releases/2025/02/child-care-ny-challenged-staff-shortages-high-prices-and-too-few-slotsDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… A report released today found more than one of every 100 resident personal … A report released today found more than one of every 100 resident personal …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycDiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments
… for fiscal recovery, economic support, Medicaid and vaccine manufacturing contracts,” DiNapoli said. “This …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-temporary-federal-spending-drives-nys-national-ranking-states-balance-paymentsDiNapoli: State Agency Overtime Costs Grew by 47.2% in 2022, Marking an All-Time High
… at state agencies rose 47.2% to more than $1.36 billion in 2022, setting a new record, according to a report released … earnings comprised 7.5% of total payroll spending in 2022, a significant increase from the 4.6% average from … respectively. Overtime earnings grew more than 51% and 112%, respectively. Fewer than 1 in 5 state agency employees …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-agency-overtime-costs-grew-47-point-2-2022-marking-all-time-highDiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller Thomas P. … The transaction raises the total commitments of DiNapoli's In-State Private Equity Program (the In-State Program) to $1.6 billion. "We're investing in …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-programDiNapoli: Jobs in NYC Construction Industry Took Huge Hit During Pandemic, Over 14% Decline
… The loss of 44,400 construction jobs due to the COVID-19 pandemic in 2020 was the state’s … June, but even with pent-up demand for certain projects, jobs are still lagging behind the employment rebound in other … as why we must lead this recovery. We need the American Jobs Plan to get New Yorkers back to work, to build the next …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-jobs-nyc-construction-industry-took-huge-hit-during-pandemic-over-14-declineDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… must navigate a complex set of state rules and local needs to determine how to best educate our children and pay for it,” DiNapoli said. “My … billions in state payments and public authority data. Visit the Reading Room for contract FOIL requests, bid …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… the stark reality of food insecurity: 1.3 million adult New Yorkers live in households without enough food. … assistance, many for the first time. Some have run out of supplies and have turned people away. The Food Bank for New …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityDiNapoli Op-Ed in Buffalo News Urges Washington to Help Governments Hurt by COVID-19
… The Buffalo News published an op-ed from New York State Comptroller Thomas P. DiNapoli today pressing the federal government to do more to help state and local governments hit hard by the coronavirus. The … The Buffalo News published an oped from New York State Comptroller Thomas P DiNapoli today pressing …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-buffalo-news-urges-washington-help-governments-hurt-covid-19State Agencies Bulletin No. P-916
Change in Direct Deposit Processing
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-916.pdf