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DiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… fiscal year ending on May 31, based on self-reported data for 2022. The scores also cover the 17 cities with … other challenges that might affect a local government’s or school district’s finances. This information includes population …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesDiNapoli: 82 School Districts in Fiscal Stress
… (Nassau County); Sachem Central School District (Suffolk); Wyandanch Union Free School District (Suffolk); West Seneca … financial information submitted as part of each district’s ST-3 financial report filed with the State Education … the past year: Broadalbin-Perth Central School District (Fulton); Gloversville Enlarged School District (Fulton); …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-82-school-districts-fiscal-stressNew York’s Economy and Finances in the COVID-19 Era
… Edition Selected Economic Trends More Than Half of Adult New Yorkers Affected by Loss of Employment Income As was … reported, New York’s unemployment rate has soared upward in recent months, with May's 14.5 percent nearly four times … Return to Normal? Well over half of New York’s small businesses said they do not expect business to return to its …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli: NYC Tourism Approaches Full Recovery, Still Top Major U.S. Tourist Destination
… recovery as visitor spending and related tax revenue have surpassed pre-pandemic levels, according to a new report … of local jobs. Our city and state leaders need to focus on keeping New York a desirable and safe destination for … over $48 billion in 2023, up 1.3% over 2019, as prices have risen over that time, including average daily hotel room …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-tourism-approaches-full-recovery-still-top-major-us-tourist-destinationDiNapoli Analyzes Post-Pandemic Tourism Across NYS
… higher in 2023 than 2020. This is DiNapoli’s third report on the tourism industry after the abrupt shutdown caused by … a complete recovery, as visitor spending and tax revenue have surpassed pre-pandemic levels. “Travelers from around …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-analyzes-post-pandemic-tourism-across-nysCOVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… coordination to provide establishments with clear guidance for venues to reopen and make use of outdoor space to expand … a more dynamic or deeper array of venues and museums for arts and entertainment than New York,” DiNapoli said. … and state and local programs to create safe venues for artists and entertainers are steps in the right …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryIV.3.B Miscellaneous Receipts – IV. Accounting Codes - Uses and Descriptions
… Investment Pool (STIP) represents a mechanism that allows for separate accounting for individual fund receipts and disbursements AND … share of revenue from royalties and patents on State owned real and intellectual property. 31203 Yes Other Commissions …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv3b-miscellaneous-receiptsDiNapoli: Wall Street Bonuses Declined in 2010
… are down, but that's not an indicator of a weakness on Wall Street," DiNapoli said. "Wall Street is changing its … cash bonuses and deferred compensation for which taxes have been prepaid. The estimate does not include stock options that have not been realized or other forms of deferred …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010Wall Street Bonuses Declined in 2011
… on Wall Street,” DiNapoli said. “Profits were down sharply and securities firms in New York City resumed downsizing in … reforms.” The Comptroller also estimates that profits for the broker/dealer operations of New York Stock Exchange … even weaker than reported because profits were boosted by accounting adjustments. The industry earned a record $61.4 …
https://www.osc.ny.gov/press/releases/2012/02/wall-street-bonuses-declined-2011DiNapoli: Capital Planning Problems Persist at NYRA
… has recently emerged from bankruptcy protection needs to do a much better job of minding its finances and seeing to … program. During the audit period, NYRA spent $36.3 million on capital projects. DiNapoli’s auditors found NYRA lacked … and the support for estimated costs. Further, NYRA did not have any “long-term” plans providing an overall vision for …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-capital-planning-problems-persist-nyraDiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… Wall Street’s profits were strong in the first half of 2015 at $11.3 billion, the strongest first half since 2011, and may have positioned New York City’s securities industry for a good year despite …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startDiNapoli: 90 School Districts in Fiscal Stress
… that were classified in “significant stress” were: Wyandanch Union Free School District (Suffolk County); … financial information submitted as part of each district’s ST-3 report filed with the State Education Department, as of … a 50 percent or more spike in scoring include: the Fulton City School District (Oswego County), Glens Falls …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressDiNapoli: Mid-Hudson Region Shows Economic Strength Following Recession
… in New York City,” DiNapoli said. “Unemployment rates have dropped and local industry is growing, particularly … of homeowners spend more than 30 percent of their income on housing, above the statewide average of 32.8 percent. … City. State and local efforts to spur economic development have centered largely on bolstering existing strong …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-mid-hudson-region-shows-economic-strength-following-recessionDiNapoli: New York State is Home to 4.4 Million Immigrants, Second Only to California
… Immigrants in New York state comprise 22 percent, or 4.4 million, of the … and Herzegovina; In the Southern Tier, Asian immigrants account for more than half the foreign-born, with nearly a …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-new-york-state-home-44-million-immigrants-second-only-californiaState Comptroller DiNapoli Releases Municipal Audits
… Department of Social Services officials did not always have the documentation needed to process SNAP applications … and in a timely manner. Department officials also did not have the required documentation that was needed to process 13 … also did not remit real property taxes to the supervisor on a weekly basis or provide a monthly report of amounts …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-audits“Nation’s Report Card” Underscores New York’s Need for Academic Recovery
… ; John Hildebrand, “NY Schools Have Spent Only About 20% of Billions Received in … 9, 2023, at https://covid-relief-data.ed.gov/profile/state/NY . This portal breaks down spending by each round of …
https://www.osc.ny.gov/reports/nations-report-card-underscores-new-yorks-need-academic-recoveryState Comptroller DiNapoli Releases Municipal & School Audits
… today announced the following local government and school audits were issued. Town of Ballston – Water Fund … rates were applied consistently, and meters were accounted for. In addition, the water clerk inaccurately re-levied all … year-end physical inventory. Fairport Central School District – Payroll and Employee Benefits (Monroe County) …
https://www.osc.ny.gov/press/releases/2023/12/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… revenue; and Address problem gambling associated with all forms of gaming, including the lottery. Report A Question of …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingFinancial Condition and Selected Expenses
… Belmont Park, and Saratoga Race Course. NYRA’s annual on-track attendance approximates 1.8 million people, and … racing operations (which exclude the VLT revenues) have generated multimillion dollar annual deficits. Excluding VLT revenues, NYRA would have generated cumulative operating losses of $109.3 million …
https://www.osc.ny.gov/state-agencies/audits/2016/06/10/financial-condition-and-selected-expensesDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… closely monitoring their financial conditions, as some may have tougher choices ahead. I encourage local governments to … the fiscal health of 519 villages, which predominantly have a fiscal year ending on May 31, based on self-reported data for 2023. The scores …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-cities