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DiNapoli Releases Subway Ridership Dashboard
… New York State Comptroller Thomas P. DiNapoli announced today … area’s economy. As this dashboard makes clear, the New Yorkers returning to the subways are those who most need … devastation.” "Public transit riders have powered New York's pandemic response and are hard at work on the …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-releases-subway-ridership-dashboardNew York’s Economy and Finances in the COVID-19 Era
… of New York adults age 18 and over live in households that have lost employment income since mid-March, compared to 48% … fear they may miss the next one 12% of New Yorkers did not have enough to eat at times during the previous week Source: … than half of adult New Yorkers live in households that have lost employment income …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli: NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation
… The New York City Industrial Development Agency (NYCIDA) approved tax breaks and other incentives for businesses even though it … to a new audit from State Comptroller Thomas P. DiNapoli. “The New York City IDA can help foster local economic growth … The New York City Industrial Development Agency NYCIDA …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-nyc-ida-needs-improve-its-administration-business-tax-breaks-and-monitoring-job-creationDiNapoli Report Highlights Where New Yorkers Work
… and social assistance industries increasing their share of total employment as manufacturing and financial activities … sector was also the top employer in 2023 in every region of New York except the Southern Tier, and had an average annual wage of $65,407, 28.5% below the state average of $91,427. “New …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-report-highlights-where-new-yorkers-workExistential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA
… Authority (MTA) is the largest transit system in the nation, providing nearly 40 percent of the nation’s public transit trips. In 2019, the MTA provided 3.8 billion trips across its … railroad services. The pandemic led to a dramatic drop in riders – and ridership revenue – for transit systems …
https://www.osc.ny.gov/reports/osdc/existential-questions-facing-national-public-transit-systems-create-new-fiscal-pressures-mtaDiNapoli: Fiscal Stress May be Looming for Glens Falls
… burden, the city is offering the civic center at public auction in August 2014. Although the city has tried to cut … fiscal stress initiative has included the creation of an ‘early warning’ fiscal stress monitoring system for …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-fiscal-stress-may-be-looming-glens-fallsDiNapoli: New York State Gets 91 Cents for Every Dollar Sent to Washington
… For every dollar New York sends to Washington D.C., it receives about 91 cents back in federal spending – compared to a national average of … For every dollar New York sends to Washington DC it receives about 91 cents back in federal …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-new-york-state-gets-91-cents-every-dollar-sent-washingtonLong Island Experienced Gains in Farms and Farmland
… 3% increase from 2017. In comparison, the state as a whole lost just over 8% of its farms during the same timeframe. There … added 18 farms while Nassau lost three. Long Island farms had nearly $373 million in total agricultural sales in 2022, …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-long-islandHousing Trust Fund Corporation – Oversight of the Rural Rental Assistance Program
… only for eligible units and are properly maintaining the units for which they receive RRAP payments, and whether the Housing Trust Fund Corporation (HTFC) is engaging in adequate outreach activities to make sure the program is reaching rural areas throughout the State. The …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/housing-trust-fund-corporation-oversight-rural-rental-assistance-programOpinion 98-18
… for a fire district to provide advanced life support first responder service or general ambulance service within the … 7, which relates to advanced life support first responder services and municipal ambulance services … to establish and operate advanced life support first responder services or municipal ambulance services within the …
https://www.osc.ny.gov/legal-opinions/opinion-98-18DiNapoli Highlights Investment in Rochester Region Through State Pension Fund
… manufacturing firm, to highlight an investment made by the New York State Common Retirement Fund’s (Fund) … pension fund diversified and strong,” said DiNapoli. “By investing in companies like Ambrell, we can continue to … $88.9 million. Ambrell, which was recently acquired by Graycliff Partners, designs, manufactures and markets …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-highlights-investment-rochester-region-through-state-pension-fundDiNapoli: Former Assemblyman William Scarborough Sentenced On Fraud and Theft Convictions
… General Eric T. Schneiderman, and Special Agent in Charge Andrew W. Vale of the Federal Bureau of Investigation, Albany … multi-agency investigation,” said Special Agent in Charge Andrew W. Vale. “No public official is exempt from law …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-assemblyman-william-scarborough-sentenced-fraud-and-theft-convictionsDiNapoli: NYC Has Recovered Nearly All Private Sector Jobs Unevenly Across Sectors
… Comptroller Thomas P. DiNapoli. “The city’s job recovery is good news,” DiNapoli said. “We are seeing strength in the … transportation and warehousing and office sectors, but retail, restaurants, construction and tourism continue to lag … its retail jobs as of March 2023. The retail sector saw a 33% drop in jobs between March and April 2020 due to …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-has-recovered-nearly-all-private-sector-jobs-unevenly-across-sectorsDiNapoli: Audits Find $70 Million in Dubious Claims, Persistent Medicaid Billing System Failures
… two audits revealing more than $70 million in questionable Medicaid claims and payments. DiNapoli’s auditors found the … denied – if they faced the same controls as other Medicaid claims. Auditors determined another $18.5 million of … A separate audit of Medicaid claims processing from April 1, 2014 through Sept. …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-audits-find-70-million-dubious-claims-persistent-medicaid-billing-system-failuresDiNapoli: More New Yorkers Facing Food Insecurity, Tariffs and Federal Funding Cuts Could Worsen Problem
… Food prices in the New York City metropolitan area have risen 25.2% since 2019 … that higher food costs have hit household budgets in New York City hard, with price increases outpacing income … prices rose sharply during the pandemic, putting more New Yorkers at risk of going hungry. Now the implementation …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-more-new-yorkers-facing-food-insecurity-tariffs-and-federal-funding-cuts-could-worsenDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… New York State Comptroller Thomas P. DiNapoli today released an independent fiduciary and conflict of interest review of the New York State Common Retirement Fund (Fund) that commended … New York State Comptroller Thomas P DiNapoli today released an independent fiduciary and conflict of interest review of the New York State Common Retirement …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDiNapoli Announces New $7 Million Investment in Northern Ireland
… York State Comptroller Thomas P. DiNapoli today announced the New York State Common Retirement Fund (Fund) is investing $7 million (£5 million) in Northern Ireland through the Bank of Ireland Kernel Capital Growth Fund (NI). The fund, managed … York State Comptroller Thomas P DiNapoli today announced the New York State Common Retirement Fund Fund is investing …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… New York City’s restaurant, retail and recreation (RRR) sectors continued to struggle … felt the impacts of the pandemic on their restaurant, retail and recreation sectors, New York City was hit … entertainment and recreation sector was 24% smaller, and retail trade had 14% fewer jobs. Nationally, those sectors …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicDiNapoli: New Yorkers Could Lose $72B in Reported State and Local Tax Deductions Under Trump Plan
… Sept. 27, 2017, Congressional Republican leaders and the Trump Administration released the "Unified Framework for … deductions. Among the deductions the administration has targeted are those for state and local taxes, an issue of … states. In 2015, New York generated 15.6 percent of AMT payments and 9.4 percent of federal estate tax payments …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-yorkers-could-lose-72b-reported-state-and-local-tax-deductions-under-trump-planWhat is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … advantages for state and local government employers. For one, offering these plans makes it easier to recruit and … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-plan