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DiNapoli: 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-waterNY ABLE Program Helps New Yorkers With Disabilities Cover Costs
… future," DiNapoli said. "Ensuring a loved one's financial security and long-term care can put a financial strain on … in their own names without risking their Supplemental Security Income, Medicaid and certain other means-based … can access funds in several ways, including an optional checking account and debit card. To be eligible, an …
https://www.osc.ny.gov/press/releases/2017/12/ny-able-program-helps-new-yorkers-disabilities-cover-costsDiNapoli Report Examines Broadband Availability, Access and Affordability in NYC
… across the city, too many households still don’t have a subscription. Many of New York City’s lowest income … 2013. As the pandemic subsided, however, individuals may have resumed leveraging broaband via institutional access … 2023 included a 5.7% share with no internet connection of any type, a significantly lower proportion than the 2019 …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-report-examines-broadband-availability-access-and-affordability-nycInflation in the New York City Metropolitan Area
… Recent acceleration of inflation is attributed to a number of factors, including increased money supply from …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… State Comptroller Thomas P. DiNapoli today announced employer contributions rates for the New York State and Local Retirement System (NYSLRS) for State …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26DiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
… aging in place within their own homes and communities. The number of businesses in the area increased by 29.9% over the … and revitalization plan in ways that benefit the greatest number of Coney Island and Brighton Beach residents. Housing …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-coney-island-and-brighton-beach-jobs-doubled-over-last-decadeDiNapoli: NYC Secure Juvenile Detention Centers Need To Improve Safety and Access to Services for Youth
… did not report it until two days later. Auditors found the number of reported incidents in ACS’s internal database …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nyc-secure-juvenile-detention-centers-need-improve-safety-and-access-services-youthDiNapoli: Albany Man Pleads Guilty to Stealing More Than $230,000 From Elderly State Pensioner
… Department, the people who committed this heinous crime have been held accountable and their victim is in a safe and … care of him," Donnelly said. The acts of these defendants have had a devastating impact on the victim and the victim’s …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-albany-man-pleads-guilty-stealing-more-230000-elderly-state-pensionerDiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… retirement benefits state and local government employees have earned.” The Fund’s long-term expected rate of return is … retirement, and mortality. Integral to the Fund’s strength have been the state and local governments, which consistently …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25DiNapoli: Facilities Using Radioactive Materials or Radiation Equipment in New York City Were Not Always Properly Inspected or Licensed
… radioactive materials or radiation equipment or check to ensure that they were licensed or registered, according to an audit released today by New York State Comptroller … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-facilities-using-radioactive-materials-or-radiation-equipment-new-york-city-were-not-alwaysDiNapoli: Fiscal Stress Down Slightly in Villages
… State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System has identified 18 villages in New York in some level of fiscal stress. For 2015, three …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesDiNapoli: Fewer School Districts Overriding Tax Cap
… past three fiscal years, dropping from 44 school districts in 2012-13 to only 19 in 2014-15, according to a report issued today by State … Overall, 6.5 percent of districts exceeded the tax cap in 2012-13 (44 districts), 4.7 percent (32) in 2013-14 and …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-fewer-school-districts-overriding-tax-capState Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… Empire State Development Corp. (ESD), the entity in charge of doling out millions of dollars in tax credits to … gives away millions of dollars each year in tax breaks for companies that are supposed to create jobs and expand … credits to businesses in targeted industries in exchange for creating and maintaining specific numbers of new jobs or …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programDiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… issued by New York State Comptroller Thomas P. DiNapoli today. “After a very strong first half of the year, the … “After years of downsizing, the industry has been adding jobs in New York City, but it may curtail hiring to bolster profits. We’re hopeful that Wall Street’s …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startDiNapoli: New York City's Financial Outlook Improving
… by New York State Comptroller Thomas P. DiNapoli. “There have been a number of favorable developments since the city’s … not yet reached agreement with the city, and the parties have begun binding arbitration. In May 2014, the city also …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-york-citys-financial-outlook-improvingDiNapoli: State Needs to Better Protect Water Supply Infrastructure Against Natural Disasters, Cyberattacks and Terrorism
… In recent years, water systems around the country have been shown to be vulnerable to cyberattacks and physical … to water systems when their plans need revisions, it does little to follow-up or provide enforcement if systems … them. DOH officials said that an out-of-date plan does not necessarily mean an updated version has not been …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-state-needs-better-protect-water-supply-infrastructure-against-natural-disastersDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… (63%) of industry employees were White, 20% were Asian American, 8% were Hispanic and 6% were African American. Immigrants (primarily from Asia and Europe) made up …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsDiNapoli: New York City's Budget Benefits From Strong Economic Growth
… reserve to $1 billion, the largest amount ever, and have set aside $500 million to create a Capital Stabilization … in education, public safety and other programs, which have increased agency spending by nearly $1.6 billion … agency operations for savings, but the results so far have been modest. In a separate effort, the city has outlined …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growth