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DiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… billion higher than forecast by the state Division of the Budget (DOB) in the Amended Executive Budget Financial … sales tax receipts, totaled $16.1 billion, falling short of prior year totals by $1.9 billion or 10.6 percent. … The General Fund ended the fiscal year with a balance of $9.161 billion, an increase of $216.6 million from opening …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projectionsDiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… year results, tax collections through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the State Financial Plan, according to the monthly State Cash Report released today by New York State … year results tax collections through February were $7584 million higher than forecast in the most recent Division of …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli: State Pension Fund Value $194.3 Billion
… members for years to come.” In June, the Fund was ranked by Pew Charitable Trusts as the second best-funded pension … fiscal year. Employer contribution rates are determined by investment results over a multi-year period along with … of Interest Review. The Review, most recently performed by Duff & Phelps, examines the Fund to ensure it is …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionDiNapoli: Audit Questions Payments Made to Supportive Housing Provider
… in questionable costs that were paid by the state Office of Mental Health (OMH) to an Altamont, N.Y. company that … services through OMH and the New York City Department of Health and Mental Hygiene (DOHMH) to individuals who have … claimed costs totaling over $848,000. "The Office of Mental Health is not fulfilling its responsibility to …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-questions-payments-made-supportive-housing-providerDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
… alongside service performance in management reports to best evaluate goals and programming. Creating classifications …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyDiNapoli Releases Report on State Spending to Implement Raise the Age Law
… New York state has appropriated $1.71 billion through State Fiscal year (SFY) 2025 to help counties implement the provisions of the “Raise the Age” (RTA) law enacted in 2017, with $658.8 million … New York state has appropriated $171 billion through State Fiscal year …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-releases-report-state-spending-implement-raise-age-lawAvoca Central School District – Procurement (2025M-29)
… procurements in accordance with statutory requirements and District policies? Audit Period July 1, 2022 – February 20, 2025 Understanding the Program Generally, school district (district) purchases … of the taxpayers. One method for ensuring that goods and services are acquired in a cost-effective manner is to …
https://www.osc.ny.gov/local-government/audits/school-district/2025/06/13/avoca-central-school-district-procurement-2025m-29Southwestern Central School District – Claims Audit (2025M-34)
… to our brochure, Responding to an OSC Audit Report , which you received with the draft audit report. The CAP should be …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/25/southwestern-central-school-district-claims-audit-2025m-34Bayport Blue Point Union Free School District – Lead Testing and Reporting (S9-25-8)
… and implement needed remediation to reduce lead exposure in potable water outlets? Audit Period July 1, 2019 – … the Program Lead is a metal that was commonly used in plumbing and has since been identified as toxic to people, … which can lead to greater difficulty performing well in school and beyond. 1 To aid in combating lead poisoning, …
https://www.osc.ny.gov/local-government/audits/school-district/2025/08/01/bayport-blue-point-union-free-school-district-lead-testing-and-reportingEssex County Industrial Development Agency – Project Approval and Monitoring (2024M-146)
… welfare, health and general prosperity of the people of New York State. IDAs provide financial assistance, including … who receive IDA financial assistance, promise to create new jobs or retain existing jobs in the community and invest in constructing new buildings or renovating existing buildings. The …
https://www.osc.ny.gov/local-government/audits/county/2025/08/15/essex-county-industrial-development-agency-project-approval-and-monitoring-2024mDiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… good year despite recent economic developments, according to a report issued by New York State Comptroller Thomas P. … adding jobs in New York City, but it may curtail hiring to bolster profits. We’re hopeful that Wall Street’s robust … result in a good year. The securities industry continues to be a major contributor to the city’s economy and a large …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startComptroller DiNapoli Statement on Elon Musk's Trillion Dollar Pay Proposal & Tesla Board Members
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, … that the Fund will vote against Elon Musk’s proposed 2025 pay package and all directors standing for reelection at Tesla Inc.’s Nov. 6, 2025, Annual Meeting. “Elon Musk’s latest trillion-dollar pay …
https://www.osc.ny.gov/press/releases/2025/10/comptroller-dinapoli-statement-elon-musks-trillion-dollar-pay-proposal-tesla-board-membersGreenburgh Central School District – Procurement (2024M-147)
… and minor projects (e.g., construction, electrical and plumbing). In total, the District paid $3.8 million to 32 …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/10/24/greenburgh-central-school-district-procurement-2024m-147NYS Common Retirement Fund Reports First Quarter Results
… mortgages (24.8 percent), private equity (9.2 percent), real estate and real assets (8.5 percent) and absolute return strategies and …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsNY State Comptroller DiNapoli Asks Express Scripts' Shareholders to Back Cyber Security Risk Proposal
… Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced that he has written … of more than 700,000 customers. The New York State Common Retirement Fund held about 1.88 million shares of Express … About the New York State Common Retirement Fund The New York State Common Retirement Fund is …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-asks-express-scripts-shareholders-back-cyber-security-risk-proposalNY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (the Fund), today announced that he has written to fellow … Fargo shareholders urging them to support his call for the bank to provide a report detailing the company's efforts …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-programDiNapoli: NYC Budget Benefiting From Strong Economy
… up to be another solid year for the city. Job growth in the five boroughs has been strong, helping to drive … DiNapoli said. “New York City added a record 120,000 jobs in 2014, and it is on pace to add 100,000 jobs in 2015. At the same time, the securities industry, one of …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyDiNapoli: Tax Collector Sentenced for Dodging Her Own Tax Bills
… to five years probation and paid a total of $4,303 in restitution for falsifying her own tax payments for at least three years until her crimes were exposed in an audit and investigation by State Comptroller Thomas P. … to five years probation and paid a total of $4303 in restitution for falsifying her own tax payments for at …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collector-sentenced-dodging-her-own-tax-billsDiNapoli: Local Sales Tax Revenue Slows in 2016
… 1.7 percent in the first six months of 2016, according to a report released today by State Comptroller Thomas P. … growth slowed from 2.6 percent in the first quarter to 0.8 percent in the second quarter. “While statewide sales tax revenues continue to rebound slowly, only some parts of the state are seeing …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-local-sales-tax-revenue-slows-2016DiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… Washington, as well as slowing growth in tax collections and job creation, according to a report released today by … "Changes in federal fiscal policies present the greatest and most imminent risk to New York City’s financial outlook. … loss of hundreds of millions of dollars in federal funding and cuts to Medicaid," DiNapoli said. "With these risks in …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budget