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DiNapoli Releases October State Cash Report
… well as increased sales tax collections. Tax collections for the first seven months of the fiscal year were $220.7 … state Division of the Budget (DOB) on Nov. 14. Collections for personal income tax (PIT) through October were $960 … below initial projections. DOB again reduced projections for PIT in the Mid-Year Update. "With personal income taxes …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-releases-october-state-cash-reportXVII.2 Overview – XVII. Lapsing Appropriations
… on June 30 or the first business day following if June 30 falls on a non-business day. Local Assistance, Community … 15 or the first business day following if September 15 falls on a non-business day. SUNY and CUNY State Operations … 30 or the first business day following if September 30 falls on a non-business day. CUNY Stabilization Account and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2-overviewState Fiscal Year 2022-23 Enacted Budget Analysis
… 2022‑23 (dollars in millions) SFY 2019-20 Actual SFY 2020-21 Actual SFY 2021-22 Actual (Unaudited) SFY 2022-23 … taxes were initially projected to decline steeply in SFY 2020-21, the decline proved to be more moderate than … the sales and use tax, were most adversely impacted in SFY 2020-21, decreasing by 10.6 percent. Similarly, total …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisInflation in the New York City Metropolitan Area
… and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 compared to the same month a year ago. 1 … and 61 percent in the New York City Metropolitan Area NYC metro area in March 2022 compared to the same month …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaDiNapoli Releases State Cash Report
… higher than projections from the Enacted Budget, according to the monthly state cash report issued today by New York … that are not yet appropriated. These funds should be used to fix New York’s crumbling infrastructure or for other non-recurring purposes and not to support ongoing expenses.” May tax receipts were $166 …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportDiNapoli: Former Town Clerk Sentenced for $35,000 Embezzlement
… Hart was sentenced today to 250 hours of community service and paid back over $35,000 which she stole from property tax payments and dog license fees deposited with the town over four years, … to those who would blur the line between their public duty and personal gain,” DiNapoli said. “Thanks to my office’s …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-former-town-clerk-sentenced-35000-embezzlementDiNapoli: New Law Will Help Local Governments Weather Coronavirus Pandemic
… city and village officials work their way through these extraordinary fiscal times without unnecessary reliance on …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-law-will-help-local-governments-weather-coronavirus-pandemicOrdinary Death Benefit
… the age at which the ordinary death benefit commences to be reduced while a member of the New York State and Local … York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text Status … the age at which the ordinary death benefit commences to be reduced while a member of the New York State and Local …
https://www.osc.ny.gov/legislation/ordinary-death-benefitAccessibility for People With Disabilities
… Parks is responsible for managing a vast array of public amenities, including 5,000 buildings (e.g., … may not deny the benefits of its programs, activities, and services to individuals with disabilities because its … disabilities. The self-evaluation is designed to uncover areas that require more attention and identify policies that …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/accessibility-people-disabilitiesDiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… whether it be when putting together the annual budget or hiring new employees, undermines the principles of … these audit findings seriously and make necessary changes” Hiring practices Auditors found the school board and district … or provide justification for why it bypassed policies when hiring the new superintendent and several administrators. For …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… New York City is expecting to generate a surplus of $3.7 billion in fiscal year (FY) 2022 due to federal aid, better-than-projected tax revenues, and planned savings, according to a report released today by State Comptroller Thomas P. … New York City is expecting to generate a surplus of $37 billion in fiscal year FY 2022 …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli: Young People in NYC Still Face Double-Digit Unemployment
… continue to face double-digit unemployment, with young men experiencing the greatest challenges in finding work, … profound impact on young people of color and young men.” DiNapoli’s report found unemployment rates among young … DiNapoli’s report further found that nearly 24% of young men in the city remain unemployed. This is significantly …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-young-people-nyc-still-face-double-digit-unemploymentDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… non-calendar fiscal years, including the “Big 4” cities of Buffalo, Rochester, Syracuse and Yonkers, each of which have … (Steuben); Millbrook (Dutchess); Oriskany (Oneida); and South Dayton (Cattaraugus) are designated as being …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: State Tax Collections Continue to Exceed Projections
… received in the same period last year, spurred in part by a $13.5 billion year-to-year increase in personal income tax … addition, PIT collections received from final returns and extension requests associated with annual filings increased … The state’s General Fund ended the first quarter with a balance of just under $15.5 billion, $5.8 billion higher …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli: Audit Finds State Falling Short in Helping People with Disabilities Find Work
… actually eligible for the benefits for which they provide notifications. DiNapoli’s auditors found that many … Auditors also found system customers may not be receiving notifications on important benefits for which they may be eligible, as notifications are delivered only via email and less than half …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-audit-finds-state-falling-short-helping-people-disabilities-find-workDiNapoli: 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 aid, including expected revenue from congestion pricing, give the Metropolitan … billion by 2028. By 2023, the MTA expects 17.9% of its revenue will go toward debt payments and peak around 19.5% in …
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 York … financial plan through 2027. MTA projects its overall revenue will increase by 4.4% annually over the five-year plan, largely fueled by rising tax revenue, which the MTA expects will increase an average of …
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
… homelessness for veterans between 2010 and 2022 with the number of homeless veterans declining 83% (from 5,857 to … the state’s population. Robust Federal Support Helps Lower Number of Homeless Vets The most significant reduction in New York occurred between 2011 and 2016 when the number of homeless veterans declined by 78% (from 5,765 to …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-analysis-finds-sharp-decline-homeless-veterans-new-yorkDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… have helped New York City’s fiscal year (FY) 2024 budget generate a projected year-end surplus of $3.9 billion … year, helping the city balance its FY 2025 executive budget, according to a report released today by State … Thomas P. DiNapoli. Still, DiNapoli cautions that budget gaps are likely to be larger-than-anticipated by the …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: New York May Be Paying Medicaid Premiums for People Living Out-of-State
… of Health (NYSOH) or through local departments of social services (Local Districts). Most of the state’s Medicaid … those services. In exchange, DOH pays the plans a monthly premium for each enrolled member. Generally speaking, if a … in October 2019. The audit identified $1.5 billion in premium payments that were made from 2017 to 2019 for …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-new-york-may-be-paying-medicaid-premiums-people-living-out-state