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State Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… $187,062 in excess tax credits being authorized to this company for 2012. In addition, 11 of the worksheets were for … than 9 percent) of the $4.84 million. Lowering Targets For four of the 34 tax credits for which ESD provided supporting … concerns that ESD provides limited public reporting on the results of economic development programs and often cannot …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programNYS Comptroller DiNapoli: Beware Text Message Scam Targeting Retirees
… Investigation’s Internet Crime Complaint Center at www.ic3.gov or by calling the Albany FBI Field Office at 518-465-7551 … by filing a complaint online at [email protected].gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-beware-text-message-scam-targeting-retireesDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
… displays funding, staffing levels and service performance for 36 city agencies. This data is updated regularly and … (1,396), Fire Department (17,095), Administration for Children’s Services (6,455), Department of Health and … a reported decline of at least 50% of tracked services. For example, the Law Department saw the number of cases …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyDiNapoli: NYC Budget Benefiting From Strong Economy
… based on current revenue trends. Personal income and real estate tax collections have been strong so far this year, … begin raising short-term interest rates after keeping them near zero for seven years. While rates will likely rise …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyDiNapoli: Tax Collector Sentenced for Dodging Her Own Tax Bills
… to five years probation and paid a total of $4,303 in restitution for falsifying her own tax payments for at least three years until her crimes were exposed in an audit and investigation by State Comptroller Thomas P. … cash collections within 24 hours of receipt as required. In 2013 alone, Sheppard failed to deposit nearly $13,000 …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collector-sentenced-dodging-her-own-tax-billsOpinion 88-28
… newspaper (designation by town) GENERAL CONSTRUCTION LAW, §60; PUBLIC OFFICERS LAW, §70-a; TOWN LAW, §64(11): A … be a "newspaper" as defined in General Construction Law, §60 and must satisfy the conditions precedent set forth in … of a newspaper is a question of fact [1982 Opns St Comp, No. 82-307 superseded in part]. You ask whether a …
https://www.osc.ny.gov/legal-opinions/opinion-88-28DiNapoli: Local Sales Tax Revenue Slows in 2016
… 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 … and Cattaraugus (6 percent) counties. New York City’s sales tax collections grew by $80 million in the first half …
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 … policies present the greatest and most imminent risk to New York City’s financial outlook. The city faces the … savings, which will provide added budgetary flexibility." New York City’s Financial Plan, released in June, anticipates …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… the subway system, where signals, power, stations, repair shops, pumps and emergency ventilation equipment have not …
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
… $300,000 for a substantial clubhouse project at one course, and to make $100,000 in other capital improvements … found the combined lack of expenditures on facility improvement, maintenance and staffing contributed to the … reports; Require the operator to submit annual capital improvement plans for prior approval and final reports of …
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
… said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. “With the cost of college on the rise, it’s a great time to consider opening a 529 College Savings account for your … just as little as $25, you can begin laying the foundation to turn childhood dreams into adulthood reality.” New York’s …
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
… Tax collections for State Fiscal Year (SFY) 2023-24 totaled … today by New York State Comptroller Thomas P. DiNapoli. Tax receipts also exceeded the projection in the Consensus … above DOB estimates through the end of SFY 2024-25. Tax collections for SFY 2023-24 were $5.2 billion lower than …
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 four-year period, according to an audit … 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
… receipt of an invoice for goods or services provided by a federal government agency, or other notification that a state agency owes money to a federal agency, state agencies should make every effort to … receipt of an invoice for goods or services provided by a federal government agency or other notification that a state …
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
… Tax collections for State Fiscal Year SFY 202122 totaled $1211 billion $33 billion higher than forecast by the Division …
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
… collections through the first three quarters of the fiscal year declined $1.2 billion, or 2.2 percent, from the same period last year to $53.2 billion and were $29.9 million lower than mid-year Financial Plan projections, according to the state cash … collections through the first three quarters of the fiscal year declined $12 billion or 22 percent from the same period …
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
… District Attorney Anne T. Donnelly announced a Syosset man was sentenced today to up to ten-and-a-half years in … District Attorney Anne T Donnelly announced a Syosset man was sentenced today to up to tenandahalf years in prison …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-syosset-man-sentenced-role-12-million-ponzi-schemeDiNapoli: Wall St. First Half Profits Jumped
… paid in New York City in 2018, even though its 181,300 jobs comprised less than 5 percent of private sector jobs in the city. Employment in the securities industry in … four of the past five years, but remains 4 percent (7,600 jobs) smaller than it was in 2007. In addition, job gains in …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedOpen Educational Resources
… Objectives To determine whether the City University of New York (CUNY) is using Open Educational Resources (OER) funds to establish, sustain, … to help defray textbook costs for students, and whether the OER initiatives adequately engaged faculty in the … To determine whether the City University of New York CUNY is using Open …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resources