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DiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return

… into the future and could leave less money to pay for services, according to New York State Comptroller Thomas … federal aid to balance its budgets through 2025. By 2026, the MTA faces a budget gap of over $2 billion and … budget over time. By contrast, New York City imposes a threshold of 15% on its debt burden. Lockbox funds are …

https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-return

DiNapoli Releases Analysis of 2022-23 Enacted State Budget

… for the Gateway Program from the state’s debt cap, on top of $19 billion in debt issuances that have been excluded …

https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budget

New York’s Economy and Finances in the COVID-19 Era

… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the State’s economy and … Economic Trends Job Recovery and Unemployment Rates: New York City and New York State Unemployment rates for New York …

https://www.osc.ny.gov/reports/covid-19-february-3-2021

State Contract and Payment Actions in April

… In April, the Office of the State Comptroller approved 1,072 … remediation at the former Eastman Business Park in Monroe County. Governor’s Office of Employee Relations … repairs at various locations in Bronx, Kings, New York, Queens, and Richmond counties. $11.3 million with AECOM USA …

https://www.osc.ny.gov/press/releases/2021/05/state-contract-and-payment-actions-april

DiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care

… H+H is projected to exceed $2 billion in FYs 2022 through 2025, as compared to $1.3 billion annually between FY 2012 …

https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-care

State Contract and Payment Actions in April

… Tioga Downs, Rivers, Montreign and Del Lago casinos to 26 local governments in various counties. Office of General … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …

https://www.osc.ny.gov/press/releases/2020/05/state-contract-and-payment-actions-april

State Contract and Payment Actions in May

… In May, the Office of the State Comptroller approved 791 contracts for state agencies … or lack of documentation. Find out how your government money is spent at Open Book New York . Track municipal …

https://www.osc.ny.gov/press/releases/2020/06/state-contract-and-payment-actions-may

DiNapoli: Syosset Man Sentenced for Role in $12 Million Ponzi Scheme

… years in prison for his role in a $12 million Ponzi scheme that targeted nearly 50 victims—many of them seniors—between … their retirement savings and other finances, and using the money to fund business ventures and pay for his own personal … am grateful to my prosecutors for ensuring that Eckstein pays for his crimes with significant prison time, and to my …

https://www.osc.ny.gov/press/releases/2022/07/dinapoli-syosset-man-sentenced-role-12-million-ponzi-scheme

Motor Vehicle Theft and Insurance Fraud Prevention Program

… of the Law require the Program to be administered by a 12-member Board, with DCJS as administrator and the DCJS … supported by a time and effort tracking system; 21 of 139 overtime requests that lacked appropriate … and $385 in pre-approved overtime that – according to payroll records – was not worked. Key Recommendations Take …

https://www.osc.ny.gov/state-agencies/audits/2024/04/11/motor-vehicle-theft-and-insurance-fraud-prevention-program

DiNapoli: Technology Changing How Local Governments Serve Residents

… have included the installation of Global Positioning System (GPS) tracking on equipment, such as snowplows, heavy …

https://www.osc.ny.gov/press/releases/2019/09/dinapoli-technology-changing-how-local-governments-serve-residents

Opinion 99-7

… fire department or company. This is in response to your letter asking whether foreign fire insurance tax moneys are …

https://www.osc.ny.gov/legal-opinions/opinion-99-7

Opinion 97-6

… including the prohibition on the use of surcharge money to pay for the costs of housing system equipment (L 1996, ch …

https://www.osc.ny.gov/legal-opinions/opinion-97-6

Opinion 95-32

… on the books of the Federal Reserve or other book-entry system operated by a federally regulated entity without …

https://www.osc.ny.gov/legal-opinions/opinion-95-32

Opinion 92-20

… permanently used by it for a meeting hall or exhibition grounds ..." (emphasis added). Further, Not-For-Profit … ordinance "any exhibition or entertainment held on the grounds of a town or county [agricultural or horticultural] … from such exhibition or entertainment by the lease of its grounds for such purpose" (emphasis added). Not-For-Profit …

https://www.osc.ny.gov/legal-opinions/opinion-92-20

State Contract and Payment Actions in December

… build-out of an advanced packaging operation for the NY Power Electronics Manufacturing Consortium Center in … and develop infrastructure for future facilities in North Syracuse. $4 million to the city of Auburn for facility … the Plattsburgh International Airport. $9.8 million to the Syracuse Regional Airport Authority for rehabilitation of the …

https://www.osc.ny.gov/press/releases/2019/01/state-contract-and-payment-actions-december