Search
DiNapoli: Fewer Counties Exceeding Tax Cap
… The number of counties overriding New York’s property tax cap has … levy increase has remained at or below 2 percent in each of the past four years. “Counties are holding the line on … beginning in 2012, limits tax levy increases to the lesser of the rate of inflation or 2 percent with some exceptions, …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… Bharara, United States Attorney for the Southern District of New York, and Diego Rodriguez, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (FBI) announced the … State Comptroller DiNapoli announced the indictment of MICHAEL J VATTER charging him with fraudulently obtaining …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsRFQual #22-03 – Independent Medical Examiner Services (Individual Physicians)
… Request for Qualifications Issued by the Office of the State Comptroller Issued August 15, 2022 The New York … State Comptroller (“Comptroller”), as Administrative Head of the New York State and Local Retirement System (“NYSLRS” … medical examinations (“IMEs”), providing a written report of such, and providing testimony at administrative disability …
https://www.osc.ny.gov/procurement/rfqual-22-03Ordinary Death Benefit
… – Signed into law on December 16, 2022 as Chapter 720 of the laws of 2022 – A.7730/S.6619-A (Abbate/Gounardes) - Increases the … death benefit commences to be reduced while a member of the New York State and Local Retirement System (NYSLRS) … death benefit commences to be reduced while a member of the New York State and Local Retirement System NYSLRS and …
https://www.osc.ny.gov/legislation/ordinary-death-benefitLinkNYC Program Revenues and Monitoring
… specified in the contract terms and whether the Department of Information Technology and Telecommunications (DoITT) … 5, 2020. About the Program DoITT is the technology core of New York City government, working with City agencies and … equipment installed on NYC streets. DoITT’s Division of Franchise Administration is responsible for granting …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringAccessibility for People With Disabilities
… Objective To determine whether the Office of Parks, Recreation and Historic Preservation has taken … the Program According to the New York State Department of Health, more than one in four New York State adults have a … In addition, as reported by the U.S. Department of Agriculture and others, access to green space can provide …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/accessibility-people-disabilitiesDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… set aside to build up reserves, according to an analysis of New York City’s financial plan released today by State … DiNapoli said. “The city must balance the expansion of services now with the ability to fund these services in … Upside Boosts Spending in FY 2022 Since the release of the April financial plan, the city’s short-term financial …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingDiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… lost partial or full special education services because of school shutdowns and the shift to remote learning during … especially impacted,” DiNapoli said. “An essential part of this year’s school reopening plans should be determining … than 464,400 students in New York public schools, or 18% of the state’s total K-12 enrollment, had a disability. …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-servicesDiNapoli: 14 School Districts Designated in Fiscal Stress
… school districts statewide were designated in some level of fiscal stress under New York State Comptroller Thomas P. … fiscal stress the prior year. This is the lowest incidence of fiscal stress recorded for schools since the system’s inception (2012-13 school year). “The number of districts designated in a fiscal stress category has …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… (FY) 2024 budget generate a projected year-end surplus of $3.9 billion that will be used to prepay expenses for the … the city in the coming years, underlining the importance of adding to reserves now while revenues are strong and … to better-than-projected revenues and the identification of substantial costs savings,” DiNapoli said. “The city …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… and three cities in New York that were in some level of fiscal stress in 2020, based on scores that largely … stress before the pandemic hit,” DiNapoli said. “Some of that pressure could be alleviated with federal stimulus funds and the restoration of state aid, but the full extent of the pandemic’s impact on …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: State Tax Collections Continue to Exceed Projections
… billion from April through June, the first three months of the 2021-22 State Fiscal Year, according to the monthly … “The state is rebounding from the economic impacts of the COVID-19 pandemic,” DiNapoli said. “Strong tax collections, coupled with an unprecedented infusion of federal aid, give the state an opportunity to improve its …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… New sources of recurring revenue in the state’s final budget and other … should use this opportunity to stop its recurring cycle of fiscal crises by paying down and managing its debt more … the state is providing this new assistance now instead of years from now when federal pandemic aid is exhausted, the …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… because the state budget provided dedicated sources of revenue to close projected budget gaps, according to New … analysis concludes. “Some risks remain, but an influx of new funding has helped the MTA shore up its finances,” … the MTA risks returning to its all too familiar cycles of crisis.” Revenues and Expenditures At the start of 2023, …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli Analysis Finds Sharp Decline in Homeless Veterans in New York
… for veterans between 2010 and 2022 with the number of homeless veterans declining 83% (from 5,857 to 990), the … by State Comptroller Thomas P. DiNapoli. The share of homeless adults that are veterans was reduced from 9% in … issues affecting our veterans is a necessary expression of our appreciation and a recognition of our duty to help …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-analysis-finds-sharp-decline-homeless-veterans-new-yorkDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… water and sewer projects far exceeds this amount, and tens of billions of dollars in local projects remain in the pipeline, … to help communities access funding to ensure the success of these programs continues.” EFC is a public benefit … water in the nation but there is a daunting backlog of local water infrastructure projects …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: New York May Be Paying Medicaid Premiums for People Living Out-of-State
… found multiple issues with how the state identified out-of-state Medicaid members, and found close to $1.2 billion in … that were paid for members who may have resided outside of New York. Auditors found that the state Department of Health (DOH) did not properly check to confirm that …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-new-york-may-be-paying-medicaid-premiums-people-living-out-stateDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… Sachs Asset Management (GSAM) to invest in a diverse group of global equity strategies viewed as having strong potential … to enhance the Fund’s return. The partnership is the first of its kind for the Fund. “This innovative partnership gives … opportunities and the nimbleness to take advantage of them on a timely basis,” DiNapoli said. “Identifying new …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… A pattern of poor budgeting led the Brentwood Union Free School … budget or hiring new employees, undermines the principles of transparency and accountability. Brentwood officials … For example, the board paid the Eastern Suffolk Board of Cooperative Educational Services (BOCES) approximately …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtDiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), sent … letters to the 50 companies, DiNapoli called on the rest of the Fund’s portfolio companies to join the ADL pledge. … in antisemitic incidents in the United States and the rest of the world is a cause for alarm,” DiNapoli said. “Companies …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitism