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DiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… $2 billion higher than forecast by the Division of the Budget (DOB) in the most recent financial plan, according to the March State Cash Report released today by New York State Comptroller Thomas P. … Year 2024-25 accounts for such risk.” Tax Collection Comparison (Billions of $) PIT collections totaled $53.8 …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24State Agencies Bulletin No. 2301
… agencies that the pensionable overtime (OT) earnings limit for Tier 6 members of the New York City Employee Retirement … York City Board of Education Retirement System (NYCBERS) for the 2025 plan year is $20,958.00. Affected Employees: … are affected. Background: OT limit for Tier 6 began in State fiscal year 2012-13 at $15,000. The limit increases …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsVillage of Montgomery – Audit Follow-Up (2021M-50-F)
… – pdf] | [read complete 2021 report – pdf] Purpose of Review The purpose of our review was to assess the Village of Montgomery’s (Village’s) progress, as of July … of the Mayor and four trustees. The Board is responsible for the oversight and general management of Village financial …
https://www.osc.ny.gov/local-government/audits/village/2025/04/04/village-montgomery-audit-follow-2021m-50-fDiNapoli: State Tax Collections Outperform Projections for State Fiscal Year 2024-25
… Tax collections for State Fiscal Year (SFY) 2024-25 totaled $117.5 billion, $2.1 billion … (PIT) receipts resulting from financial market growth from calendar year 2024 which propelled bonuses paid in the final …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-tax-collections-outperform-projections-state-fiscal-year-2024-25Subway Recovery Tracker
… had a profound and disparate impact on subway ridership in New York City. Initially, the emergence of the virus in March and April 2020 corresponded with a steep and uniform drop in subway usage across all five boroughs. Citywide, April …
https://www.osc.ny.gov/osdc/subway-recovery-trackerVillage of Leicester – Financial Management (2025M-7)
… Section 35 of General Municipal Law. For more information on preparing and filing your CAP, please refer to our …
https://www.osc.ny.gov/local-government/audits/village/2025/05/09/village-leicester-financial-management-2025m-7DiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… Drum area ranked lowest among areas for which data are available, at $23,500. The Bronx, with a $27,600 average …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeDiNapoli Releases State Cash Report
… in June were stronger than expected, and collections for the first quarter of the fiscal year were $748.5 million … strong gains in quarterly estimated personal income tax payments and estate and gift taxes. Total tax receipts of … growth in PIT receipts was partially offset by a 23.9 percent decline in business tax collections as a …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-releases-state-cash-reportDiNapoli: State's Cash Position is Strong
… were $26.9 billion, $119.3 million higher than projected in the latest Financial Plan update but 1.3 percent less than … more is on the way. The level of tax receipts is important for purposes of ongoing budget balance, and we are seeing … because of lower personal income tax (PIT) collections in April. Total spending of $52.4 billion through the first …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strongState Agencies Bulletin No. 2188
… Purpose: The purpose of this bulletin is to notify agencies that the pensionable overtime (OT) earnings limit for Tier 6 … are affected. Background: OT limit for Tier 6 began in State fiscal year 2012-13 at $15,000. The limit increases …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2188-2024-tier-6-overtime-limit-new-york-city-retirement-systemsOpinion 92-17
… or statutory amendments that bear on the issues discussed in the opinion. SALES TAX -- Agreements (right of towns to … of law, include a share of county sales tax revenues for towns. You ask whether a sales tax agreement entered into … a portion of the county sales tax revenues not set aside for county or school district purposes shall be distributed …
https://www.osc.ny.gov/legal-opinions/opinion-92-17DiNapoli Releases July Cash Report
… “Personal Income Tax collections remain strong, and one-time settlement funds have temporarily boosted … increased collections from historically volatile sources and the one-shot nature of billions of dollars in settlement … 31 were 9.9 percent higher than the same period last year, and collections of $4.7 billion in July were $361 million, or …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-releases-july-cash-reportDiNapoli: Millions in NYC Transit Fines and Fees Uncollected
… division found it did not collect more than $13 million in fines and fees — nearly half of those owed to it — issued … the changes that Transit has already made, as they noted in their response, more can still be done.” The Transit … sufficient or is inaccurate for the necessary follow-up. In a sample of 150 uncollected fines, DiNapoli’s auditors …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-millions-nyc-transit-fines-and-fees-uncollectedDiNapoli Releases Review of Executive Budget
… Although the state Division of the Budget (DOB) forecasts in the State Fiscal Year (SFY) 2022-23 Executive Budget that …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli Releases Report on Pre-Pandemic Migration Trends
… nonresident filers, 3.1% compared to 13.6%, resulting, in part, from the greater number of part-year filers moving out of the state than moving in, according to a new report by New York State Comptroller … for critical public services." Residency and Filing Status In 2019, the most recent year of available data, there were …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-report-pre-pandemic-migration-trendsOpinion 95-13
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … discussed in the opinion. BONDS AND NOTES -- Proceeds (use of excess) MUNICIPAL FUNDS -- Appropriations and Expenditures …
https://www.osc.ny.gov/legal-opinions/opinion-95-13DiNapoli Releases Annual IDA Report
… exemptions for IDA projects were just under $2 billion, up 0.3%, or $5.3 million, over FYE 2022. Property tax …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-releases-annual-ida-reportDiNapoli High-Tech is on the Rise in NYC
… High-tech is one of the fastest growing industries in New York City, growing four times faster than the rate of job growth in the rest of the city’s economy, with annual salaries that … We’re proud that our Common Retirement Fund’s In-State Program has helped many new high-tech firms get off …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycOperational Advisory No. 33
… using any carrier. Account 55203, Postage, now appears in the Supplies and Materials, Non-Personal Service budget … to reflect the proper classification and treatment in the Statewide Financial System. Account 55203 will be phased out in SFY 2023-24 and account code 55220 should be used for any …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/33-gfo-updates-postageshipping-account-codesDiNapoli Announces State Contract and Payment Actions for August 2016
… data center in Potsdam, NY. State University Construction Fund $7.9 million to LP Ciminelli Inc. to construct and …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-announces-state-contract-and-payment-actions-august-2016