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DiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… commodity market volatility, supply chain issues and the number of workers returning to the office. Revenue growth is …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… States Attorney for Eastern District of Tennessee (EDTN) in announcing that Leslie Schwinzer has pleaded guilty to wire fraud (18 USC. § 1343) in the U.S. District Court at Knoxville, TN for stealing … Office (SSAIG), the EDTN and the Comptroller’s Office. In February of 2021, SSAIG contacted NYSLRS and informed them …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localState Fiscal Year 2022-23 Enacted Budget Analysis
… SFY 2019-20 and SFY 2021-22 would have been lower absent a number of financial management actions, notably $7.6 billion … of $500, $1,000 and $1,500 depending on the average number of hours continuously worked per week during 6-month … Members of the entities paying the PTET are authorized to claim a State credit against their personal income taxes for …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisOrdinary Death Benefit
… the age at which the ordinary death benefit commences to be reduced while a member of the New York State and Local … York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text Status … Increases … the age at which the ordinary death benefit commences to be reduced while a member of the New York State and Local …
https://www.osc.ny.gov/legislation/ordinary-death-benefitDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… will restrict investments in oil sands companies that have not demonstrated that they are prepared for the … investments line up with this reality,” said DiNapoli. “We have carefully reviewed companies in the oil sands industry … and are restricting investments in those that do not have viable plans to adapt to the low-carbon future. …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System has identified eight villages and three cities in New York that were in some level of fiscal stress in 2020, …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: Fewer Counties Exceeding Tax Cap
… half over the past four fiscal years, dropping from 15 in 2012 to only six in 2015, according to a report issued today by State … tax levy increase has remained at or below 2 percent in each of the past four years. “Counties are holding the …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli Releases State Cash Report
… from last year, and $59.6 million lower than projections. All Funds receipts totaled $23.9 billion through May, $292.1 … below projections, primarily in special revenue funds. All Funds spending of $20 billion through the first two … The cash report focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… State Comptroller, Preet Bharara, United States Attorney for the Southern District of New York, and Diego Rodriguez, … employment before their pension benefits are cut off for that year. According to the allegations contained in the … Thomas P. DiNapoli. "I thank U.S. Attorney Bharara for his continued partnership and commitment to combatting …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsDiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… services because of school shutdowns and the shift to remote learning during the pandemic that likely … exacerbated pre-existing achievement gaps, according to a report released today by New York State Comptroller … year’s school reopening plans should be determining how to compensate for the learning losses students suffered and …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-servicesDiNapoli: Audit Finds State Falling Short in Helping People with Disabilities Find Work
… with disabilities was about 33% compared to about 75% for people without disabilities. Census data shows that New … released an analysis finding that unemployment rates for New Yorkers who face challenges due to a disability … Between April 2020 and March 2021, unemployment rates for people with disabilities averaged 16.2%, an increase of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-audit-finds-state-falling-short-helping-people-disabilities-find-workDiNapoli: State Tax Collections Continue to Exceed Projections
… improve its long-term fiscal stability and better prepare for future uncertainties. The state should use these revenues to bolster reserves or for pay-as-you-go funding for critical infrastructure projects. Cash report findings: …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… extraordinary one-time federal relief, will mostly be used to fund new spending, with a smaller portion set aside to build up reserves, according to an analysis of New York City’s financial plan released …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingLinkNYC Program Revenues and Monitoring
… Wi-Fi hotspots, and mobile telecom equipment installed on NYC streets. DoITT’s Division of Franchise Administration is … (Consortium) to replace an aging network of public pay telephones (PPTs or payphones) with technologically … 12 years. The Agreement detailed the required annual fee schedule as well as the Link installation schedule over the …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringDiNapoli: New Law Will Help Local Governments Weather Coronavirus Pandemic
… Fred Thiele, provides financial and budgetary flexibility to local governments and school districts by: extending the … years 2015 through 2021; providing additional options to spend or temporarily transfer moneys in reserve funds for … also created a COVID-19 Financial Survival Toolkit to help New York’s residents, government entities, nonprofits …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-law-will-help-local-governments-weather-coronavirus-pandemicDiNapoli: Former Town Clerk Sentenced for $35,000 Embezzlement
… Former Mayfield Town Clerk Dorothy Hart was sentenced today to 250 hours of community service and paid back over $35,000 … Thomas P. DiNapoli said. "This should serve as a warning to those who would blur the line between their public duty and personal gain,” DiNapoli said. “Thanks to my office’s work with the New York State Police and Fulton …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-former-town-clerk-sentenced-35000-embezzlementAudit Finds Construction Delays in Public Housing Program Across New York State
… New York State Homes and Community Renewal (HCR) have led to years-long delays in projects outside New York City, according to an audit released today by State Comptroller Thomas P. … contractor selections and contract changes that led to significant cost increases,” DiNapoli said. “People living …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… Higher-than-projected revenue and cost-saving initiatives have helped New York City’s fiscal year (FY) 2024 budget … economic growth. Commercial property market vacancies have reached their highest levels in 30 years and white … revenue projections are also not as conservative as they have been in the past, leaving less room for an economic …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: Former Medical Office Manager Pleads Guilty to Defrauding New York State Health Insurance Plan
… C. Nneji announced that Gina Bradshaw, an office manager for numerous doctors’ offices in Manhattan, has pleaded … of more than $12,000 by submitting phony medical claims for reimbursement. She was arrested in September 2023 … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-former-medical-office-manager-pleads-guilty-defrauding-new-york-state-health-insurance-planDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… in local projects remain in the pipeline, according to a report by State Comptroller Thomas P. DiNapoli. “The … serves a critical role in financing improvements to New York’s water infrastructure,” DiNapoli said. “New York … projects than any other state, but the resources needed to address aging infrastructure and related challenges remain …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-water