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Wall Street Profits Up in 2016
… news since the industry generates a significant amount of tax revenue for both the state and city budgets." Pretax profits for the broker/dealer operations of New York Stock Exchange member firms, the traditional measure of industry profitability, totaled $17.3 billion in 2016, the …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016DiNapoli: NYC Transit Should Improve Response to Safety-Related Defects
… subway station inspections. Auditors reviewed records for 10 priority "A" defects that were identified by station … including snow in the station and a clogged drain. For two defects, auditors found that information was … action had been taken. Auditors also reviewed records for 30 priority "B" defects and found that four were repaired …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-nyc-transit-should-improve-response-safety-related-defectsDiNapoli: Audit Recommends Stronger Oversight of NYC’s Artificial Intelligence Programs
… programs that can directly impact New Yorkers’ lives, an audit released today by New York State Comptroller Thomas P. … they have used one or more times during the prior calendar year to the Mayor’s Office. DiNapoli’s audit looked at … four agencies: the Administration for Children’s Services (ACS), the Department of Education (DOE), the New York City …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-audit-recommends-stronger-oversight-nycs-artificial-intelligence-programsNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… part of their investment decisions. “Investors worldwide know that successfully managing portfolios means managing … of Labor’s rule are trying to impose partisan politics on what should be dollars and cents, nonpolitical investment … and human capital management, perform better. Accordingly, we cannot ignore the growing consensus among investors that …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionState Agencies Bulletin No. 2002
… Purpose: The purpose of this bulletin is to provide information and … by PEF at DHSES. Affected Employees: Employees in the Professional, Scientific, and Technical Services Unit … by DHSES to be a canine handler are affected. Background: The Memorandum of Understanding (MOU) between the State of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2002-annual-stipend-canine-handlers-represented-public-employees-federationState Agencies Bulletin No. 1961
… contribution plan (401(k) or 403(b)) in the current tax year. Nearly all State of New York government positions, … Rules (Notice 98-49, 1998-2 C.B. 365; Notice 87-16, 1987-1 C.B. 446), employees receiving retirement benefits …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1961-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2021DiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… can hope for the best but must prepare for the worst. A year ago, the city took emergency steps to cut costs and … to maintain budget balance at the beginning of Fiscal Year 2021. The city even reasoned that it might need to … However, the city’s recently adopted budget for Fiscal Year 2022 suggests an incomplete recognition of the …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-aheadDiNapoli Warns of ‘Triple Threat’ of Fiscal Risks
… $762.1 million, more than last year. However, the growth rate is lower than the current projected annual increase of …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-warns-triple-threat-fiscal-risksDiNapoli: Wall St. Profits on Pace to Beat 2016
… earned in the same period last year, putting Wall St. on pace for a second consecutive year of higher profits, … very successful first six months, Wall Street profits are on track to exceed last year's level, barring a major fourth … underwriting rose 29 percent in the first half of the year on the strength of the financial markets, and revenue from …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-wall-st-profits-pace-beat-2016DiNapoli Urges NYC to Shore Up Rainy-Day Fund
… but also to shape the city’s reserve policy for years to come.” In early 2021, New York City officials established a …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: New York City Workforce Down Over 19,000, Largest Decline Since Great Recession
… which could have an impact on critical city services and programs, according to a report released today by State … keep this city running, critical and essential services for our children and most vulnerable residents could be … officers (-25.9%), groundskeepers and gardeners (-24.5%), school safety agents (-22.0%), information clerks (-21.6%), …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-york-city-workforce-down-over-19000-largest-decline-great-recessionState Agencies Bulletin No. 1862
… Purpose The purpose of this bulletin is to explain why the Retirement … for a Defined benefit or 403(b) Defined contribution plan. Impact of Retirement Plan Eligibility to Traditional … 590-A , limits on the amount that can be deducted do not affect the amount that can be contributed. The IRS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1862-retirement-plan-checkbox-w-2-wage-and-tax-statement-tax-year-2020CUNY Bulletin No. CU-474
… Purpose To provide instructions for processing payroll deductions for the 2014 CUNY Charitable Campaign Deduction Code 897 . … will begin in paychecks dated January 9, 2014 Background and CUNY Charitable Campaign Guidelines At the request of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-474-2014-cuny-charitable-campaignDiNapoli: Numbers of Homeless Population Doubled in New York
… affordability crisis, and more families are running out of options and ending up on the street or in shelters,” … just a New York City problem, it is impacting communities all over the state. New York needs to examine how it’s using … the number of permanent supportive housing units (52,462 vs. 78,758) and permanent housing beds (21,672 vs. 26,059), …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-numbers-homeless-population-doubled-new-yorkDiNapoli: NYC's Finances Benefiting From Better Than Expected Revenues
Stronger than anticipated revenues and lower costs for asylum seekers will help New York City balance its $118 billion fiscal year FY 2026 budget according to a report released today by State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-nycs-finances-benefiting-better-expected-revenuesAs Racial Homeownership Disparities Persist, State's Mortgage Agency Increases Lending to Minority and Low-Income Borrowers
… of New York Mortgage Agency (SONYMA) has boosted lending and programs for minority households and economically disadvantaged communities, increasing its share of loans provided to low-income and minority borrowers over the last 10 years. However, wide racial and ethnic …
https://www.osc.ny.gov/press/releases/2025/06/racial-homeownership-disparities-persist-states-mortgage-agency-increases-lending-minority-and-lowComptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the … Oneida , Rockland , Saratoga , Ulster and Washington . “In today’s fiscal climate, budget transparency and … the bylaws could be improved by adding specific language specifying who is responsible for approving bills …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-releases-municipal-audits-1Procurement Practices
… Objective To determine whether the State University of New York – … About the Program The University at Buffalo (Buffalo) is one of the largest institutions within the State … Buffalo agrees with most of our concerns and has indicated it will make improvements. Key Recommendations Ensure …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesCollection of Special Hauling and Divisible Load Overweight Permit Fees (Follow-Up)
… of implementation of the two recommendations included in our initial audit report, Collection of Special Hauling … Central Permits Bureau (Bureau) and the regional offices. In contrast, a divisible load is any cargo that can be … overweight permits. The audit found significant weaknesses in the internal controls over the special hauling permits …
https://www.osc.ny.gov/state-agencies/audits/2019/09/27/collection-special-hauling-and-divisible-load-overweight-permit-fees-followFormer Bronx Youth Director Pleads Guilty
… in 2012 and found she used $250,400 for inappropriate or undocumented expenses, including a home theater. … made cash withdrawals, wrote checks to cash for herself or family, and made wire transfers from the accounts. State …
https://www.osc.ny.gov/press/releases/2019/02/former-bronx-youth-director-pleads-guilty