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Child Care in NY Challenged by Staff Shortages, High Prices and Too Few Slots
… pandemic’s disruption of the state’s child care industry is far from over,” DiNapoli said. “Prices in New York are … of their operation and service. Care requires personnel on site, and cannot be substituted by technology or capital … in child care facilities across the state. The SFY 2025-26 Executive Budget also includes a new proposal for $100 …
https://www.osc.ny.gov/press/releases/2025/02/child-care-ny-challenged-staff-shortages-high-prices-and-too-few-slotsNew York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… “The out-year budget gaps are relatively small, but there is still a risk of an economic downturn. Also, the proposed … from prior years’ expenses. The citywide savings program is now expected to generate $1.2 billion during FY 2020 and … average 3.5 percent of city fund revenues, a share that is among the smallest in the past 20 years. The city’s …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearFunds Expected to be Awarded to Small Businesses - September 30, 2024
Funds Expected to be Awarded to Small Businesses - September 30, 2024
https://www.osc.ny.gov/files/reports/excel/small-business-09-30-24.xlsxFunds Expected to be Awarded to Small Businesses - June 30, 2024
Funds Expected to be Awarded to Small Businesses - June 30, 2024
https://www.osc.ny.gov/files/reports/excel/small-business-06-30-24.xlsxIII.9 Provisions for 15 Day Prompt Payment Interest Eligibility – III. Statewide Financial System (SFS)
… on invoices not paid within 15 days. This interest is payable provided the small business submits its invoice … system of state government and identifies that it is seeking expedited payment as a small business. This … of this certification will identify that the business is seeking expedited payment as a small business on all …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii9-provisions-15-day-prompt-payment-interest-eligibilityDiNapoli: Drastic State Revenue Shortfall in April
… $7.9 billion or 68.4 percent from April 2019. “New York is facing economic devastation not seen since the Great … spending in order to maintain budget balance. The budget is deemed out of balance if actual tax receipts are less than … the amended Executive Budget estimates for comparison, and is on a State Operating Funds basis (which differs slightly …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-drastic-state-revenue-shortfall-aprilNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… percent, the lowest level in 42 years, but financial risks for the city persist, according to a report released today by … health insurance savings. While the potential budget gap for FY 2020 is sizable, the city has a year to close it. In … The financial plan also does not reflect the potential for future federal or state budget cuts. Growing federal …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownMedicaid Overpayments for Medicare Part B Services Billed Directly to eMedNY (2020-F-4)
To determine the extent of implementation of the five recommendations included in our initial audit report, Medicaid Overpayments for Medicare Part B...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-20f4.pdfAvoiding the Fiscal Cliff: A Lesson in Budgeting and Financial Condition Analysis
This session will identify those concepts commonly misunderstood by local government managers and governing boards, help explain how to properly implement these concepts and ways to prevent pitfalls in the budgeting process.
https://www.osc.ny.gov/files/local-government/academy/pdf/fiscal-cliff-budgeting-041625.pdfDiNapoli: Local Sales Tax Collections Up 1.4% in Third Quarter
… billion in the third calendar quarter (July-September) of 2024, an increase of 1.4%, or $82.7 million, compared to the same quarter last … today by State Comptroller Thomas P. DiNapoli. Eight of the 10 regions in the state, including New York City, saw … $598 billion in the third calendar quarter JulySeptember of 2024 an increase of 14 or $827 million compared to the …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-local-sales-tax-collections-up-1-point-4-percent-third-quarterDiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… will need to make hard choices to ensure budget balance in the current fiscal year and to close next year’s budget gap.” More than 944,000 jobs were lost in March and April, the largest job loss since the Great … rate, which had fallen to a record low of 3.4 percent in February 2020, shot up to 20.4 percent in June, the …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesNew York Leads Nation in Nonprofit Jobs & Wages
… nation in nonprofit employment with more than 1.4 million jobs and total wages of just over $78 billion in 2017, … on our economy, providing one in every six private sector jobs statewide.” Nonprofit entities added more than 175,000 jobs in New York from 2007-2017, a gain of 14 percent. These …
https://www.osc.ny.gov/press/releases/2019/07/new-york-leads-nation-nonprofit-jobs-wagesDiNapoli: State Tax Revenues $2 Billion Lower Than Last Fiscal Year
… $11.4 billion. This is $550.5 million above last year and $1.7 billion above DOB’s latest projections. “State tax … $19.3 billion, $2.2 billion higher than DOB projections, and $8.5 billion higher than last year at the same time. The … billion due by March 31. January Cash Report Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-state-tax-revenues-2-billion-lower-last-fiscal-yearQualified Personal Service Contracts (QPSC) Listing
… agencies' websites. A QPSC is any new, renewed, or amended State agency contract with any non-State entity pursuant to State Finance Law §163 or §136-A, under which: The contract … A QPSC is any new renewed or amended State agency contract with any nonState entity pursuant to …
https://www.osc.ny.gov/procurement/qualified-personal-service-contracts-qpsc-listingDiNapoli: Tax Cap Remains at Two Percent for 2020
… Thomas P. DiNapoli. This figure affects the tax cap calculations for all counties, towns, fire districts, 44 … remain vigilant when crafting their budgets.” The tax cap, which first applied to local governments in 2012, limits … a provision that allows municipalities to override the tax cap. During the 2014 through 2018 fiscal years, …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-tax-cap-remains-two-percent-2020Adult Career and Continuing Education Services – Vocational Rehabilitation Supported Employment Program (Follow-Up)
… to the 2022 American Community Survey (ACS), in New York State, there were estimated to be over 1 million … disrupting progress made leading up to the pandemic. The State Education Department’s (Department) Adult Career and …
https://www.osc.ny.gov/state-agencies/audits/2023/09/27/adult-career-and-continuing-education-services-vocational-rehabilitation-supportedDiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… million less than in August 2019. This drop in revenue is similar to the decline in July of 8.2 percent, though much … have seen a massive drop in sales tax collections. This is hurting their bottom lines and many have few options to … monthly breakdown) Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustDiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… through the first two months of the state fiscal year is good news and gives reason for optimism about the economic recovery. The state is emerging from the pandemic on solid fiscal footing because … Still, economic uncertainties remain and caution is warranted going forward.” Tax receipts through May totaled …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsDiNapoli: SED Agrees to Improve Oversight of Migrant Education Program
… outcomes for these children. To its credit, SED is acting on our suggestions to ensure more migrant children … Education Program by the State Education Department is needed to ensure these students are making the grade. I … tackle the problems found.” The Migrant Education Program is a federal grant program authorized by the federal …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-sed-agrees-improve-oversight-migrant-education-programDiNapoli: Former Town Supervisor Pleads Guilty to Embezzlement of $240,000
… State Comptroller Thomas P. DiNapoli and Cortland County District Attorney Patrick Perfetti today … Brown pleaded guilty to stealing $240,000 in public funds and must now pay full restitution. The thefts were discovered … “We have no tolerance for abuse of the public’s trust and today Dennis Brown faces consequences for his crimes. My …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-former-town-supervisor-pleads-guilty-embezzlement-240000