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LinkNYC Program Revenues and Monitoring
… Objectives To determine whether New York City received all the revenues … and Telecommunications (DoITT) monitored the contract to ensure that Links (technologically advanced … To determine whether New York City received all revenues …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringAccessibility for People With Disabilities
… To determine whether the Office of Parks, Recreation and Historic Preservation has taken adequate steps to ensure State parks and historic sites are accessible and can accommodate persons … To determine whether the Office of Parks Recreation and Historic Preservation has taken adequate steps to ensure …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/accessibility-people-disabilitiesDiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… letters to 50 major portfolio companies, including Tesla Inc., Meta Platforms Inc, Microsoft Corp. and NIKE Inc., urging them to join the Anti-Defamation League’s (ADL) … letters to 50 major portfolio companies including Tesla Inc Meta Platforms Inc Microsoft Corp and NIKE Inc urging …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitismComptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights
… proposals at CVS Pharmacy Inc., DoorDash Inc. and Walmart Inc., and separately at Gannett Co. Shareholders are …
https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rightsDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… diligence on current and potential active managers. GSAM’s team of 300 professionals in its Alternative Investments & … portfolio of public and private equities, fixed income, real estate and alternative instruments. …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… Common Retirement Fund (Fund) will restrict investments in oil sands companies that have not demonstrated that they … DiNapoli, trustee of the third largest public pension plan in the country, announced today. This action is tied to … said DiNapoli. “We have carefully reviewed companies in the oil sands industry and are restricting investments in …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… and have gone unused, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The … and have gone unused according to an audit released today by New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… city’s expired labor contracts remains a question in the near future. Coupled with a target of $1 billion in labor … during the pandemic, including a recent increase in prices that could linger. Additionally, despite receiving $8 … spending risks still exceed $600 million in FY 2023, and near $1 billion in FY 2025. In order to achieve long-term …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingDiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… New York public schools, or 18% of the state’s total K-12 enrollment, had a disability. During the COVID-19 crisis, … from COVID-19 Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-servicesDiNapoli: 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 … Thomas P. DiNapoli on the city’s February financial plan. The surplus could reach at least $4.5 billion if … New York City is expecting to generate a surplus of $37 …
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
… at nearly 18% in the city, as compared to about 9% in the rest of New York state and 8% nationally. In comparison, … for young workers in New York City when compared to the rest of the state and the country and has had a particularly … 16- to 24-year-olds in the city reached 22%, while in the rest of New York state it was 16.5%, and 15.9% across the …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-young-people-nyc-still-face-double-digit-unemploymentDiNapoli: 14 School Districts Designated in Fiscal Stress
… monitoring system, which excludes New York City and the “Big Four” City School Districts of Buffalo, Rochester, … by school districts (excluding New York City and the Big Four) increased from $13.8 billion in SY 2020-21 to $15 …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… villages as “susceptible to fiscal stress.” “These local communities were already struggling with fiscal stress before … aid, but the full extent of the pandemic’s impact on local communities is unclear and the fiscal landscape continues to … 2020 Complete List of Fiscal Stress Scores Lists FSMS Search Tool Fiscal Stress Monitoring System Search Tool …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: State Tax Collections Continue to Exceed Projections
… three months of the 2021-22 State Fiscal Year, according to the monthly State Cash Report released today by New York … infusion of federal aid, give the state an opportunity to improve its long-term fiscal stability and better prepare … future uncertainties. The state should use these revenues to bolster reserves or for pay-as-you-go funding for critical …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli: 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 … ease the debt service payments coming from its operating budget by a total of $1.5 billion from 2023 through 2026. The … and improve service. Additional assistance in the state budget, which is expected to provide funding to help balance …
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
… “Some risks remain, but an influx of new funding has helped the MTA shore up its finances,” DiNapoli said. … cycles of crisis.” Revenues and Expenditures At the start of 2023, the MTA faced a $600 million budget shortfall … of slower ridership recovery can be steep. Each drop of 5% in anticipated rider recovery means $325 million less in …
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
… for veterans between 2010 and 2022 with the number of homeless veterans declining 83% (from 5,857 to 990), the … by State Comptroller Thomas P. DiNapoli. The share of homeless adults that are veterans was reduced from 9% in 2010 … population. Robust Federal Support Helps Lower Number of Homeless Vets The most significant reduction in New York …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-analysis-finds-sharp-decline-homeless-veterans-new-yorkDiNapoli: New York City's Budget Outlook Improves
… reform.” The city’s Preliminary FY 2025 budget and January Financial Plan enabled the city to increase current … revenue, budget gaps would be $11.3 billion in FY 2026, $13.4 billion in FY 2027 and $15.9 billion in FY 2028, … nearly $1.9 billion by FY 2028. The city does not address how it will support $92 million in funding for its 3-K …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… should build on its efforts to help communities access funding to ensure the success of these programs continues.” … and replacement of lead water service lines. Additional funding ($5.4 billion) has come from state grant … $1.4 billion has been spent. Despite these investments, funding needs for New York’s aging water infrastructure …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… gaps of $2.9 billion in FY 2025, $10.9 billion in FY 2026, $13.4 billion in FY 2027 and $17.4 billion in FY 2028, … have reached their highest levels in 30 years and white collar hiring for office jobs has declined in recent …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savings