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DiNapoli: Local Sales Tax Revenue Slows in 2016
… strongest growth at 2.7 percent, followed by the Finger Lakes at 2.5 percent and New York City at 2.4 percent. In the … gallon” tax, as the state changed from a four percent tax rate to a flat eight cents per gallon tax. However, all … County at 11.6 percent, due to an increase in the county’s rate from 3.5 to 4 percent. Putnam County and Yates County …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-local-sales-tax-revenue-slows-2016DiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… New York City projects a surplus of nearly $4.2 billion in FY 2017, the largest since FY 2008, but faces uncertainty with potential policy changes in Washington, as well as slowing growth in tax collections and job creation, according to a report released today by State …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetDiNapoli: Youth in NYC Face Double Digit Unemployment Rate
… challenges in finding work,” DiNapoli said. “Recent job-cut announcements in retail around the country and … and workforce development grants may weaken their job prospects even more. These trends are very concerning, … level and retail trade jobs were 15.3% lower. Job openings in retail trade and accommodation and food services …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-youth-nyc-face-double-digit-unemployment-rateNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… to raise fares and tolls faster than planned to improve a system that has deteriorated sharply in recent years, … DiNapoli said. "In the absence of adequate funding, the system could fall into further disrepair and riders could … of the Long Island Rail Road (LIRR) and the subway system has recently worsened. On-time performance on the LIRR …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesDiNapoli: Monroe County Failed to Monitor Contractor Operating Golf Courses, Costing Taxpayers
… toward insolvency, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. “Monroe …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-monroe-county-failed-monitor-contractor-operating-golf-courses-costing-taxpayersNew York's 529 College Savings Program Delivers $287 Million to College Students Since January
… New York’s 529 College Saving Program has helped New York students and families pay for more than $287 million in college-related expenses this year, New York State … Thomas P. DiNapoli said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. “With …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli: NYC Budget Benefits From Stronger Economy
… with each year,” DiNapoli said. “To his credit, Mayor de Blasio has taken steps to increase the city’s reserves, … in FY 2015 and by a similar amount in FY 2016. Mayor de Blasio has also proposed increasing the city’s ten-year …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… totaled $106.4 billion, over $2 billion higher than forecast by the Division of the Budget (DOB) in the most … the projection in the Consensus Economic and Revenue Forecast Report, which estimated $1.35 billion in additional … in the final quarter of the year were higher than DOB forecast. Consumption and use taxes, which includes sales …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24DiNapoli: Contractor Failed to Turn Over $1.5 Million in Prescription Drug Rebates to NYS
… A company that was supposed to collect rebates from drug manufacturers on behalf of the New York State Health Insurance Plan (NYSHIP) failed to turn over nearly $1.5 million in rebates to the state over … A company that was supposed to collect rebates from drug manufacturers on behalf of the …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-contractor-failed-turn-over-15-million-prescription-drug-rebates-nysIX.10.C Federal Treasury Offset Program (TOP) Agency Responsibilities – IX. Federal Grants
… to make payment to the federal government promptly or contest the billing. If a notice of unpaid debt is received … payment to the federal government in a timely manner or contest the billing …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10c-federal-treasury-offset-program-top-agency-responsibilitiesDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… year. Total spending was $3.6 billion lower than the most recent projections and $452.4 million higher than initial … defeasance, which was $4.7 billion higher than the most recent forecast; $724 million set aside for public employee …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli Releases December State Cash Report
… P. DiNapoli. New York state also received $235 million in new monetary settlements during December. "Overall tax collections in December were close to reduced estimates from the mid-year … bonuses will influence whether current estimates are met in the final quarter of the fiscal year.” Through December, …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportDiNapoli: Syosset Man Sentenced for Role in $12 Million Ponzi Scheme
… up to ten-and-a-half years in prison for his role in a $12 million Ponzi scheme that targeted nearly 50 victims—many of them seniors—between 2015 and 2017. … bureau, for their diligent work securing nearly $5.6 million in restitution for the victims. I also want to thank …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-syosset-man-sentenced-role-12-million-ponzi-schemeDiNapoli: Wall St. First Half Profits Jumped
… Pretax profits in the securities industry reached $15.1 billion in the first … an 11 percent increase over the same period last year, and the best start in a decade, but a slowdown in the global … Pretax profits in the securities industry reached $151 billion in the first six …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedOpen Educational Resources
… determine whether the City University of New York (CUNY) is using Open Educational Resources (OER) funds to establish, … CUNY reported that the cost of books and supplies is often a barrier to academic success. OER are any teaching, … textbook costs. CUNY’s Office of Library Services (OLS) is tasked with providing the oversight and infrastructure for …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesSelected Management and Operations Practices
… placement or use outreach efforts to encourage EV charger installation by its customers. Did not complete any of the … EVolve chargers at seven locations. We determined that the installation of EV high-speed chargers is as much as 2 years … the data with NYPA customers in an effort to promote the installation of additional EV units. Work with its customer …
https://www.osc.ny.gov/state-agencies/audits/2022/02/04/selected-management-and-operations-practicesRFQual0002 – Independent Examiner Services (Individual Physicians)
… as Administrative Head of the New York State and Local Retirement System and the New York State and Local Police and Fire Retirement System (“NYSLRS”) and as … as Administrative Head of the New York State and Local Retirement System and the New York State and Local …
https://www.osc.ny.gov/procurement/rfqual0002Commack Union Free School District – Lead Testing and Reporting (S9-25-9)
… report – pdf] Audit Objective Did Commack Union Free School District (District) officials identify, report and … Services (BOCES) to test potable (i.e., consumable) water for lead, report the results and implement necessary remediation. Testing and reporting for lead contamination began in 2016, …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/11/commack-union-free-school-district-lead-testing-and-reporting-s9-25-9NYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… New York City Comptroller Scott M. Stringer today called on the Securities and Exchange Commission to compel fossil … have it both ways.” “The silence of fossil fuel companies on the risks they face from climate change is a red flag for … of the potential impact of large and growing risks on future company performance.” Climate change has spurred …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryNYS Common Retirement Fund Announces Third Quarter Results
… The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. Over the past 20 years, 82 …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-results