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New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… up from $550 million in November 2019, which it plans to transfer to FY 2021 to help balance that year’s budget, … Review of the Financial Plan of the City of New York Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearDiNapoli: Statewide Local Sales Tax Collections Surge Nearly 58 Percent in May
… compared to pre-pandemic numbers, rising 6.9 percent, or $93 million, over May 2019. New York City’s collections … City also saw year-over-year collections for May grow by double digits, ranging from 17.6 percent in Franklin County … In all other months, including May, the payments are based on estimates. The next reconciliation will be reported in …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… The state Department of Health can do more to control costs and save taxpayers … P. DiNapoli. DiNapoli’s office has conducted a series of audits on this issue with similar results. “Medicaid provides vital access to healthcare for millions of New Yorkers, which is why we cannot afford to allow …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… New York’s 107 local Industrial Development Authorities … in 2021, followed by towns (18.5%), cities (12.3%), New York City (7.4%), villages (0.5%), and city-town IDAs … operate on a calendar year basis, several, including the New York City IDA, do not. DiNapoli’s report found that: Tax …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… Local sales tax collections in New York state grew by 3% in July … $53.3 million compared to the same time last year. “Local sales tax growth in July continued at a moderate pace, … County had the largest decline at 12.1%. These monthly sales tax collections are from the cash distributions made to …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… according to a new report from New York State Comptroller Thomas P. DiNapoli. “Housing costs in New York City and the … according to a new report from New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
… Weaknesses in how the state Department of Labor (DOL) investigates labor law violations in New York City have led to significant delays in holding violators accountable and attaining restitution … Weaknesses in how the state Department of Labor DOL investigates labor …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nycDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… the state Education Department’s Blue Ribbon Commission on Graduation Measures recommended to the Board of Regents that financial literacy should be a graduation requirement. As part of the process to examine New York’s graduation measures, the commission surveyed hundreds of New …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… and growing our state’s economy makes the program a double win.” The In-State Program is designed to provide … the Fund with a 20 percent internal rate of return on fully exited investments in the last five years, the … solutions are available in seven languages and used in 93 countries. The company is headquartered in East Greenbush, …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundState Pension Fund Adds $30 Million for Investments in New York Companies
… investments will help grow the pension fund and expand businesses and jobs across New York state," said DiNapoli. … "With $293 million in returns from 71 exited companies, I am proud of how well the In-State Program is performing. As trustee of …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… New York state paid more than $100 million in duplicate payments to managed care organizations (MCOs) for … flaws and incorrect or incomplete information have caused duplicate Medicaid premium payments for a long time,“ … quickly or remain unresolved and large amounts of improper duplicate premium payments remain unrecovered. For example, …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsDiNapoli: L.I.C., Sunnyside and Woodside Are Drivers of Economic Growth in Queens
… Island City (L.I.C.), Sunnyside and Woodside in northwest Queens have their own distinct personalities, but together … report on the local economies in this section of northwest Queens, which is based on data from within the boundaries of … “There is a strong immigrant population in this section of Queens and it is helping lead the borough’s revitalization. …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-lic-sunnyside-and-woodside-are-drivers-economic-growth-queensManhattan D.A., NYS Comptroller Announce Indictments in Frauds Totaling Nearly $1 Million
… of the Investigation Division). Senior Investigators Luis Sanchez, Ray Yuen, Brian Longaro, and Brian Granshaw; …
https://www.osc.ny.gov/press/releases/2026/07/manhattan-da-nys-comptroller-announce-indictments-frauds-totaling-nearly-1-millionState Fiscal Year 2009-2010 Executive Budget Preliminary Overview, December 2008
The Executive Budget recommends $9.5 billion in spending reductions, $3.1 billion in new and higher taxes and fees, and $1.1 billion in nonrecurring resources.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-executive-preliminary-2009-10.pdfCounty Sales Tax Revenues and Distributions to Other Local Governments, Fiscal Year Ending in 2023
County Sales Tax Revenues and Distributions to Other Local Governments, Fiscal Year Ending in 2023
https://www.osc.ny.gov/files/local-government/data/excel/county-sales-tax-distribution-data-table2023.xlsxLocal Sales Tax Collections Increase by Over 10 Percent in the Third Quarter of 2022
Analysis of Local Government Sales Tax Collections in New York State
https://www.osc.ny.gov/files/local-government/publications/pdf/local-sales-tax-collections-increase-by-over-10-percent-in-the-third-quarter-of-2022.pdfOversight of Career and Technical Education Programs in New York State Schools (Follow-Up) (2022-F-17)
To determine the extent of implementation of the seven recommendations included in our initial audit report, Oversight of Career and Technical Education Programs in New York State Schools (Report 2019-S-29).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-22f17.pdfKids in Action of Long Island, Inc. – Compliance With the Reimbursable Cost Manual (2021-S-13)
To determine whether the costs reported by Kids in Action of Long Island, Inc. on its Consolidated Fiscal Report were properly calculated, adequately documented, and allowable under the State Education Department’s guidelines, including the Reimbursable Cost Manual ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21s13.pdfArts, Entertainment and Recreation in New York City: Recent Trends and Impact of COVID-19
New York City has a world-renowned arts, entertainment and recreation sector, featuring celebrated performance venues, museums and sports teams as well as innovative artists and centers of creativity.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-12-2021.pdfThe Retail Sector in New York City: Recent Trends and the Impact of COVID-19
In 2019, New York City’s retail sector comprised 32,600 businesses that provided 344,600 jobs, paid $16 billion in total wages citywide, and contributed $55 billion in taxable sales to the City’s economy.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-8-2021.pdf