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DiNapoli: Wall Street 2022 Bonuses Fell 26% From Previous Year, Return to Pre-Pandemic Levels
… tax revenues for the state and city, our economic recovery does not depend solely on Wall Street. Employment in leisure … and Russia’s invasion of Ukraine. Wall Street bonuses have a significant impact on tax revenue in the state and … from prior years that have been cashed in. The estimate does not include stock options or other forms of deferred …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-wall-street-2022-bonuses-fell-26-previous-year-return-pre-pandemic-levelsNYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record
… by 19.6% to $44.9 billion. While fourth quarter results have not yet been released, they are expected to show … in 2021 and bonuses deferred from prior years that have been cashed in. The estimate does not include stock options or other forms of deferred …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-wall-streets-2021-bonuses-set-new-recordDiNapoli Audit Finds Western Regional OTB Lacks Accountability and Gave Out Lucrative Perks
… Betting Corp. (OTB) spent at least $121,000 on tickets to sporting events, concerts, food and alcohol for board … without the oversight required by state rules, according to an audit released today by New York State Comptroller … the rules, and poor documentation. DiNapoli urged the OTB to seek reimbursement for tickets and other expenses that …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-audit-finds-western-regional-otb-lacks-accountability-and-gave-out-lucrative-perksMonitoring of Select Programs
… for EISEP or CSE services, the client is placed on a wait list. AAAs report Unmet Need (based on wait list data) to NYSOFA as part of their annual on-site … are currently waiting for services. In response, the 2019-20 enacted budget contained an appropriation of $15 million, …
https://www.osc.ny.gov/state-agencies/audits/2022/01/21/monitoring-select-programsDiNapoli: State Needs to Help Addiction Support Providers Better Prepare for Emergencies
… Thomas P. DiNapoli. The audit, which covered the period from 2019 to 2022, found the state’s Office of Addiction …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-needs-help-addiction-support-providers-better-prepare-emergenciesState Agencies Bulletin No. 2051
… inventory for use in the performance of their job; and Have a Payroll Status of Active on 06/30/2022. Hourly … additional criteria to be eligible for the 2022 payment: Have Attendance Rules coverage; and Have worked for at least … not subject to employment or income taxes. If an employee does not submit tool purchase receipts and the payment (TOL) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2051-2022-csea-tool-allowance-paymentState Comptroller DiNapoli Releases Municipal Audits
… timely manner. Department officials also did not have the required documentation that was needed to process 13 approved … officials made CCAP payments for eligible families within required timeframes, they overpaid three childcare providers … as required. In addition, the clerk collected proceeds from the sale of culvert pipes to residents, but the highway …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… New York City increased its expectations for its surplus in fiscal year (FY) 2025 to $2.34 billion, largely as a … result of stronger tax revenue projections and a reduction in the cost of providing services to asylum seekers, which … state to provide services, including more than $30 billion in Medicaid expenditures, or directly to New York City …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeArchived: Legislative Session 2019–2020
… interest and ethics laws covering local governments in a number of ways including, but not limited to, prohibiting …
https://www.osc.ny.gov/legislation/archived-legislative-session-2019-2020Overtime Limits – Enhanced Reporting
… For members of Tiers 5 and 6, New York State Retirement and Social Security Law limits the amount of overtime pay included in the calculation of pension benefits. Overtime limits differ for the …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/overtime-limitsNew York State Comptroller DiNapoli and California Controller Yee Urge S.E.C. to Mandate Climate Change Disclosures
… private sector is increasingly aware of the urgent need for climate risk disclosure. For example, a 2019 survey of 215 of the world's 500 largest … that they identified climate change as being material for 72 out of 79 industry sectors. As part of the letter …
https://www.osc.ny.gov/press/releases/2021/06/new-york-state-comptroller-dinapoli-and-california-controller-yee-urge-sec-mandate-climate-changeState Agencies Bulletin No. 802
… inserted. If the employee’s Job Data information does not match the information on Position Data, a row will … in grade 603-617 positions who are holding Longevity will have their salary calculated as follows: If the employee’s … increase is applied. Agencies should notify OSC of any corrections required as soon as possible in order to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/802-april-1-2008-salary-and-other-increases-employees-designated-managementOther Bulletin No. 12
… Purpose To explain OSC’s automatic processing of the portion of the … employees. Annual employees receive a 4% increase rounded to the nearest dollar Hourly employees receive a 4% increase …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-12-retroactive-april-1-2010-salary-increase-suny-constructionNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is … Program (PPP), according to Census Bureau survey data for the week ending June 27. $38.2 billion in PPP loans were approved for New York applicants through July 24, 2020, according to …
https://www.osc.ny.gov/reports/covid-19-august-5-2020Opinion 89-50
… behind this is that the real consideration which each party receives under a compromise is not the sacrifice of the … or actions, of an affirmative duty to act on behalf of the party who was injured; (2) knowledge on the part of the … contact between the municipality's agents and the injured party; and (4) that party's justifiable reliance on the …
https://www.osc.ny.gov/legal-opinions/opinion-89-50DiNapoli Releases Analysis of Executive Budget
… annual State Operating Funds spending growth to 2 percent; School aid would rise by $769 million, or 3 percent, for the 2018-19 school year. Certain school districts would be required to submit detailed …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-releases-analysis-executive-budgetChanges in Federal Policies Pose Significant Risks for New York City's Budget
… under the Affordable Care Act, which could increase the number of uninsured people and cause health care costs and …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetState Agencies Bulletin No. 1097
… The procedures in this Bulletin supersede Payroll Bulletin No. 235 which was issued February 15, 2001. Retroactive … to Civil Service review and approval may be reported no more than five (5) payroll periods retroactive without … payments (via Time Entry pages) May be reported no more than nine (9) payroll periods retroactive. This …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1097-retroactive-transactions-executive-branch-agenciesOpinion 90-34
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … tax moneys must be paid to the treasurer or other fiscal officer of the fire department or, if the fire department does not have a treasurer or other fiscal officer, to the fiscal officer of the authorities having …
https://www.osc.ny.gov/legal-opinions/opinion-90-34DiNapoli: Former Assemblyman William Scarborough Sentenced On Fraud and Theft Convictions
… Scarborough, 69, of Queens, New York, was sentenced today to 13 months in prison and two years of supervised release after being convicted of wire fraud and theft from a program receiving federal funds, announced State …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-assemblyman-william-scarborough-sentenced-fraud-and-theft-convictions