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State Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… “New York City’s $98.6 billion executive budget for FY 2022 … by stretching federal relief through FY 2025, avoiding new taxes, establishing short-term programs to aid businesses … reflects just how critical the economic recovery is to New York City’s ability to achieve structural balance. The …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetCity of Yonkers – Budget Review (B25-6-6)
… City of Yonkers’ financial condition in the current and future years. Background The Office of the State Comptroller, … the City of Yonkers financial condition in the current and future years …
https://www.osc.ny.gov/local-government/audits/city/2025/07/02/city-yonkers-budget-review-b25-6-6DiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… to ensure budget balance in the current fiscal year and to close next year’s budget gap.” More than 944,000 jobs were … the Governor has indicated actions will be needed to close a $13.3 billion gap in the state’s budget without …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… budget by a total of $1.5 billion from 2023 through 2026. The MTA can use these savings to preserve and improve … provide funding to help balance the MTA’s budget through 2026 — and federal approval for congestion pricing — are … difficult choices. How it decides to bridge the gaps after 2026 and manage its debt can determine whether it remains on …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsState Fiscal Year 2022-23 Enacted Budget Analysis
… received historic federal financial assistance and enacted tax increases. Economic performance also surpassed … Percent Change Amount Percent Change Personal Income Tax $53,659 $54,967 2.4% $70,737 28.7% $48,551 -31.4% -$5,108 … in subsequent years. The Enacted Budget also includes two tax measures to incentivize creation of additional child care …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisHomeownership Rates in New York
… compared to 65.8 percent nationally. For New York, the low percentage is driven by the high share of multi-family … gap between New York and the nation has been as high as 14 percentage points. Homeownership rates were higher prior to … the gap between White and Black homeownership averaged 26 percentage points nationally in the period between 2010 and …
https://www.osc.ny.gov/reports/homeownership-rates-new-yorkDiNapoli: State Faces $34.3 Billion Cumulative Budget Gap Through State Fiscal Year 2029
… Thomas P. DiNapoli’s report on the State Fiscal Year (SFY) 2026 Enacted Budget and First Quarterly Financial Plans. The … forecast and projected revenues, as well as increases in projected spending. “The Financial Plan paints a … the projections made with the Consensus Forecast report on March 1. Job gains both nationally and statewide slowed …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-faces-343-billion-cumulative-budget-gap-through-state-fiscal-year-2029DiNapoli: New Yorkers Foot the Bill for Billions in Public Authority Spending and Debt
… foot the bill. These shadow governments are responsible for the bulk of our hefty debt burden and are used to provide … The Thruway Authority’s indication in late 2013 that a toll and finance task force would be created to identify new … established such a task force, and the financing plan and toll impact of the new bridge are unclear. Moody’s Investors …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-yorkers-foot-bill-billions-public-authority-spending-and-debtControls and Management of the Unemployment Insurance System (Follow-Up)
… ). About the Program One of the Department of Labor’s (DOL) key tasks in assisting the unemployed is administering … largely the result of identity theft. In February 2021, DOL began using ID.me, Inc. to provide identity verification … pre-pandemic levels. In addition to managing UI benefits, DOL officials are responsible for maintaining the UI system …
https://www.osc.ny.gov/state-agencies/audits/2024/06/17/controls-and-management-unemployment-insurance-system-followDiNapoli: Farms Generate $4.8 Billion for New York's Economy
… continue to provide jobs and fresh, locally-sourced food, while also preserving open spaces. However, farmers face a number of challenges, from declining milk prices which can … $2.7 billion in sales in 2017, more than half of the total for all agricultural products. The state's production of milk …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-farms-generate-48-billion-new-yorks-economyDiNapoli Releases Analysis of SFY 2024-25 State Budget
The estimated $237 billion Enacted Budget for State Fiscal Year
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetIdentifying Fiscal Cliffs in New York City’s Financial Plan
… the City added $52 million in FY 2025 only for Community Food Connection ($31 million), Fair Fares ($11 million), and …
https://www.osc.ny.gov/reports/osdc/identifying-fiscal-cliffs-new-york-citys-financial-planState Comptroller DiNapoli Statement on New York City Mayor's 2024 State of the City Address
… growing housing costs and federal pandemic aid coming to an end. “The city needs federal funding and policy changes … the state to bring rising housing costs under control, and I commend the Mayor’s proposals to help keep New Yorkers in … than projected revenues and city savings initiatives have helped balance the budget through fiscal year 2025, …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-statement-new-york-city-mayors-2024-state-city-addressDiNapoli Releases Report on SFY 2024-25 Financial Plan
… by the Division of the Budget (DOB), according to a report by State Comptroller Thomas P. DiNapoli on the State … of the budget, most notably Medicaid, to help understand cost drivers. Policymakers and other stakeholders should be … Use one-time resources for the greatest long-term benefit. Relying on one-time resources for recurring spending …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-releases-report-sfy-2024-25-financial-planDiNapoli: Federal Actions Threaten New York's Farms and Food Production
… including higher tariffs, cuts to certain agricultural programs, and stricter immigration enforcement policies, … received $382 million in USDA payments from three major programs, the Natural Resource Conservation Service, the Farm Service Agency and Rural Development. These programs fund a wide variety of projects on and off the farm, …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-federal-actions-threaten-new-yorks-farms-and-food-productionDiNapoli: State Tax Collections Outperform Projections for State Fiscal Year 2024-25
… Tax collections for State Fiscal Year (SFY) 2024-25 totaled $117.5 billion, $2.1 billion … Budget Financial Plan, according to the March State Cash Report released by New York State Comptroller Thomas P. … Tax collections for State Fiscal Year SFY 202425 totaled $1175 billion $21 …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-tax-collections-outperform-projections-state-fiscal-year-2024-25DiNapoli: State Tax Revenues Down $767 Million in May
… according to the monthly state cash report released today by State Comptroller Thomas P. DiNapoli. “With an economy still suffocated by a global pandemic, the state’s finances took another … billion, $1.1 billion higher than the latest projection by DOB. Report: May Cash Report Find out how your government …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-state-tax-revenues-down-767-million-mayMedicaid Program – Improper Medicaid Payments for Claims Not in Compliance With Ordering, Prescribing, Referring, and Attending Requirements
… OPRA fields and resulted in: $1.5 billion in payments for clinic and professional claims that did not contain an …
https://www.osc.ny.gov/state-agencies/audits/2021/08/17/medicaid-program-improper-medicaid-payments-claims-not-compliance-ordering-prescribingState Comptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Long Beach City School District , Lynbrook Union Free … and clerks’ offices, neither party has a direct line of sight to the cabinet and, therefore, cannot monitor the … controls such as providing supervisory reviews of the director’s activities. Furthermore, district officials …
https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-school-audits-0DiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… from lower interest rates and a deferral of labor costs to FY 2022, but the city will have to overcome major fiscal challenges in the years ahead as it recovers from the COVID-19 pandemic, according to a report released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-looming