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DiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… is needed to help our communities recover.” Counties and cities outside New York City were the most dependent classes … in how much they share and how it is allocated between cities, towns and other local entities. Thirteen counties … counties shared less than 10 percent. The 36 counties with cities within their borders shared an average of 30 percent …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsDiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… $1 billion to $100 million, the statutory minimum at the start of a fiscal year. The city is entering a period of …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionDiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… collections totaled $786 million, an increase of 3.9%, or $29.5 million, compared to the same time last year. County … quarter, these distributions are adjusted upward or downward, so that the quarter as a whole reflects reported …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-yearComptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… Trump’s decision to walk away from the Paris Agreement is a mistake, is bad policy and relegates the United States to the … and investors will continue to address climate change in innovative ways. As trustee of New York state’s $192 …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementDiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
… Overall, local collections totaled $1.78 billion, up $66.4 million from the same time last year. “Local sales … P DiNapoli Overall local collections totaled $178 billion up $664 million from the same time last year …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-local-sales-tax-collections-up-39-percent-in-may-compared-last-yearDiNapoli: Pharma Company Agrees To Bar Its Drugs From Use In State Executions
… in executions in a harsh spotlight,”DiNapoli said. “Many drug companies have policies that ensure their products …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-pharma-company-agrees-bar-its-drugs-use-state-executionsLocal Sales Tax Collections Grew by Over 9% in January Compared to Last Year
… increased by 9.2% in January compared to the same month in 2022, according to an analysis released today by State … an increase of 8.8%, or $68 million, over January of 2022. Every county experienced some year-over-year growth in … covered the October-December quarter and calendar year 2022. Table Monthly Local Sales Tax Collections by County and …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-over-9-percent-january-compared-last-yearNY State Comptroller DiNapoli Calls on Companies to Adopt Better Workers' Rights Policies
… Comptroller Thomas P. DiNapoli today announced a series of shareholder proposals filed at several major companies on workers’ freedom of association and collective bargaining rights. The proposals were filed with Walmart Inc., CVS Pharmacy Inc., Netflix Inc., DoorDash Inc. and …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-calls-companies-adopt-better-workers-rights-policiesAudit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… and services and segregating financial duties, according to an audit released today by New York State Comptroller … and ongoing legal issues. DiNapoli made 29 recommendations to overhaul the operations of the city comptroller’s office … and establish necessary oversight policies and procedures to prevent future problems. “The lack of operational controls …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… action to address investment risks posed by climate change and impacts of environmental justice. “The climate emergency … protected from the impact of climate change is a top priority.” The Fund engages with portfolio companies on a … Climate Action Plan , released in 2019, is a multi-faceted approach that includes engagement with corporations, a $20 …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksDiNapoli: State Needs To Do More for Growing Mental Health Crisis in Schools
… can support the mental health of all students. With the stakes so high, the department should act quickly to avert further …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-needs-do-more-growing-mental-health-crisis-schoolsDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… remained flat or declined over the last decade, according to a report issued today by New York State Comptroller Thomas … it is an important revenue source, particularly for many cities. Also called revenue sharing, this funding comes … should take this opportunity to assess what changes are needed to improve this critical funding source.” Since State …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationSpringville-Griffith Institute Central School District – Access to Network and Information Applications (2021M-148)
… District (District) officials adequately secured access to the network, student information and financial … Key Findings Although District officials restricted access to the student information application, they did not adequately secure access to the network and financial application. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2022/01/07/springville-griffith-institute-central-school-district-access-network-andDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… This compares to 73% for the independent hospitals, and 56% for the other hospital systems in the city. H+H estimates …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careDiNapoli: City Property Tax Assessments Show Return to Pre-Pandemic Levels Ahead of Schedule
… component of which are office buildings , are expected to increase by 11.7% in FY 2023, reaching levels just short … 8%, allowing the city’s total overall market values to grow by nearly 8.2% and exceed pre-pandemic levels. “The … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-city-property-tax-assessments-show-return-pre-pandemic-levels-ahead-scheduleCOVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… Live Discussion About Industry Challenges on Facebook Today at 2 pm New York City’s world-renowned arts, … for shuttered arts organizations such as independent live venues, movie theatres and museums, with additional …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… legislation ending continuous Medicaid coverage in March 2023, New York state began the process of redetermining … 6.1 million in January 2020 to just over 8 million in June 2023, an increase of 31.5%. Federal legislation ended the continuous coverage requirements as of March 31, 2023, and required states to begin the process of …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planDiNapoli: Local Sales Tax Collections Near Flat in January Compared to Last Year
… remain cautious in their sales tax revenue projections for 2024.” In January 2024: New York City’s collections totaled $873 million, an …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-local-sales-tax-collections-near-flat-january-compared-last-yearDiNapoli: Local Sales Tax Collections Up 1.6% in February Compared to Last Year
… collections totaled $759 million, an increase of 5.7%, or $40.7 million, from a year earlier. County and city … year quarter, these distributions are adjusted upward or downward, so that the quarter as a whole reflects reported …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-local-sales-tax-collections-16-february-compared-last-yearNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… been rehabilitated, including five that are more than 100 years old. Over half of the system's tunnel segments are …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikes