Search
DiNapoli: State's Fiscal Outlook Declines
… Division of the Budget forecast fiscal stability and no projected budget gaps in the State Fiscal Year (SFY) 2022-23 … reserves would total $19.5 billion, which is 17% of projected General Fund disbursements in SFY 2023-24. Absent … 2025-26, and $6.3 billion in SFY 2026-27. The gaps are now projected to be $9.1 billion, $13.9 billion and $13.4 …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declinesDiNapoli Releases Report on Environmental Funding in New York State
… quality. DEC programs range widely from managing fish and game populations and overseeing the extraction of …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-releases-report-environmental-funding-new-york-stateDiNapoli: 529 College Savings Program Lowers Fees
… the top programs in the nation. On September 27, 2018, the NY 529 fee drops to 0.13 percent, meaning participants will … in the plan. The national average is more than three times higher. The fee reduction is applied automatically for both new enrollees and current participants. NY's 529 College Savings Program manages approximately $30 …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-529-college-savings-program-lowers-feesDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… is clearer. Gaps are forecast at $2.5 billion in 2025 and 2026 as spending outpaces inflation projections, but could be as high as $4.6 billion in 2026 if the MTA’s unspecified gap-closing program falls short … will reach a “new normal” of 1.3 billion trips in 2026, which is 23% fewer than 2019. To date, however, …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli and William Glasgall Op-Ed
… The Bond Buyer published an op-ed from New York State Comptroller Thomas P. DiNapoli and William … Finance, at the Volcker Alliance , a nonprofit based in New York City. The full op-ed is below: In 2020 and 2021, the … and other COVID-19 pandemic-related challenges. The New York State Comptroller's office issued a report showing …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-and-william-glasgall-op-edDiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… is strong, but job growth and tax collections in the near future are unlikely to be as robust as they have been in … new records. The city is on pace to add more than 90,000 jobs this year, the sixth consecutive year of job gains of … programs, and the securities industry is an important part of the local economy. An estimated $20 billion in …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsState Comptroller DiNapoli Releases School Audits
… period. This occurred because the board has not adopted a payroll policy and district officials have not established …
https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-school-audits-2Homeownership Rates in New York
… compared to 65.8 percent nationally. For New York, the low percentage is driven by the high share of multi-family … gap between New York and the nation has been as high as 14 percentage points. Homeownership rates were higher prior to … the gap between White and Black homeownership averaged 26 percentage points nationally in the period between 2010 and …
https://www.osc.ny.gov/reports/homeownership-rates-new-yorkDiNapoli: Fix Delays With Child Support Payments
… money. It's important for state officials to work closely with local social services districts to quickly resolve these issues." … OTDA is responsible for monitoring the efforts of 58 local social services district offices (districts) which collect …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-fix-delays-child-support-paymentsState Comptroller Thomas P. DiNapoli Statement on New State Budget
… federal stimulus aid. Helping struggling New Yorkers is essential for an equitable recovery. “While much of the new … of emergency federal aid and use new tax resources to fund essential services, to once again begin contributing to rainy day funds …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-state-budgetDiNapoli: New Yorkers Foot the Bill for Billions in Public Authority Spending and Debt
… foot the bill. These shadow governments are responsible for the bulk of our hefty debt burden and are used to provide … The Thruway Authority’s indication in late 2013 that a toll and finance task force would be created to identify new … established such a task force, and the financing plan and toll impact of the new bridge are unclear. Moody’s Investors …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-yorkers-foot-bill-billions-public-authority-spending-and-debtDiNapoli: Federal Actions Threaten New York's Farms and Food Production
… including higher tariffs, cuts to certain agricultural programs, and stricter immigration enforcement policies, … received $382 million in USDA payments from three major programs, the Natural Resource Conservation Service, the Farm Service Agency and Rural Development. These programs fund a wide variety of projects on and off the farm, …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-federal-actions-threaten-new-yorks-farms-and-food-productionDiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… op-ed from New York State Comptroller Thomas P. DiNapoli today warning New York City’s leaders to safeguard the city’s … inclement weather events. The city has less in reserves today to deal with, and prepare for, the unexpected than it … an oped from New York State Comptroller Thomas P DiNapoli today warning New York Citys leaders to safeguard the citys …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-aheadCity of Yonkers – Budget Review (B22-6-6)
… as fund balance, one-time State and federal funding and sale of property, to balance its budget. The City could face a … assessment on a given property to reduce its assessment. Police overtime costs could potentially be over budget by as …
https://www.osc.ny.gov/local-government/audits/city/2022/06/10/city-yonkers-budget-review-b22-6-6State Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Amityville Union Free School District , Chester Union Free School District , Hamilton Central School District … New York State Comptroller Thomas P DiNapoli today announced the following school district …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-auditsFederal Employees in New York State – Federal Funding and New York
… on the location of employment, not the residence of the worker. Figure 3 – Numbers and Wages of Federal Government … from work at military installations, individuals fill jobs as air traffic controllers, health care workers and … Recent data indicates there were 3,000 fewer federal jobs on a seasonally adjusted basis in New York in July 2025 …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-employees-new-york-stateControls and Management of the Unemployment Insurance System
… and connect jobless workers to jobs. One of its key tasks in assisting the unemployed is administering the State’s … law) and meet other eligibility requirements of State law. In March 2020, Executive Order 202.8 – New York State on … services. In addition to managing UI benefits and record claim volumes during the pandemic, Department officials were …
https://www.osc.ny.gov/state-agencies/audits/2022/11/15/controls-and-management-unemployment-insurance-systemDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… seekers, which will help balance its $116.9 billion FY 2026 budget, according to a report released today by State … account for just 6.4% ($7.4 billion) of the city’s FY 2026 operating budget, significantly more federal funding … In addition to the $2.34 billion in prepayments for FY 2026, the city added $2 billion in revenue and reduced …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeDiNapoli: Farms Generate $4.8 Billion for New York's Economy
… continue to provide jobs and fresh, locally-sourced food, while also preserving open spaces. However, farmers face a number of challenges, from declining milk prices which can … $2.7 billion in sales in 2017, more than half of the total for all agricultural products. The state's production of milk …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-farms-generate-48-billion-new-yorks-economyThe Impact of Federal Aid on New York’s Local Governments
The Impact of Federal Aid on New York’s Local Governments
https://www.osc.ny.gov/files/local-government/publications/pdf/federal-aid-impact.pdf