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Identifying Fiscal Cliffs in New York City’s Financial Plan
… and is no longer being updated. Please review our latest NYC Financial Plan Review reports for more information on fiscal cliffs. Last updated December … fiscal cliffs reflect new programs, while others arise from service enhancements or sustained increases in service …
https://www.osc.ny.gov/reports/osdc/identifying-fiscal-cliffs-new-york-citys-financial-planThe Impact of Federal Aid on New York’s Local Governments
The Impact of Federal Aid on New York’s Local Governments
https://www.osc.ny.gov/files/local-government/publications/pdf/federal-aid-impact.pdfDiNapoli: New Yorkers Foot the Bill for Billions in Public Authority Spending and Debt
… reporting nearly $60 billion in spending in their latest annual filings, according to a report released today … foot the bill. These shadow governments are responsible for the bulk of our hefty debt burden and are used to provide … reporting nearly $60 billion in spending in their latest annual filings according to a report released today by …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-yorkers-foot-bill-billions-public-authority-spending-and-debtDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… seekers, which will help balance its $116.9 billion FY 2026 budget, according to a report released today by State … account for just 6.4% ($7.4 billion) of the city’s FY 2026 operating budget, significantly more federal funding … In addition to the $2.34 billion in prepayments for FY 2026, the city added $2 billion in revenue and reduced …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeDiNapoli: Trouble Ahead for Local Governments and Schools
… The COVID-19 pandemic has negatively affected many local governments’ revenues and its impact will likely be severe for many municipalities’ finances, according to a report … Revenue Challenges During the COVID-19 Pandemic Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-trouble-ahead-local-governments-and-schoolsDiNapoli Analysis Finds Sharp Decline in Homeless Veterans in New York
… New York state made substantial progress in reducing homelessness for … decline in the nation, according to an analysis by State Comptroller Thomas P. DiNapoli. The share of homeless … and End Homelessness by the U.S. Interagency Council on Homelessness. Federal funding for programs addressing …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-analysis-finds-sharp-decline-homeless-veterans-new-yorkDiNapoli: Increase in Older Inmates Challenges New York's Prison System
… three years. "New York must confront the challenges of an aging inmate population," DiNapoli said. "We need to better … as from criminal justice experts, aimed at addressing an aging inmate population. For example, some experts have … data and analysis of the issues stemming from New York's aging prison population. This information would help policy …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-increase-older-inmates-challenges-new-yorks-prison-systemFederal Employees in New York State – Federal Funding and New York
… were more than 116,000 federal civilian employees working in New York in 2024, earning $11.2 billion in wages. … major upstate cities are located. In 2024, 40 percent, or almost 46,000, worked in New York City and over 14 … hiring freeze of most federal civilian positions through October 15, 2025 that he initiated when he took office. 2 The …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-employees-new-york-stateDiNapoli: State Tax Collections Outperform Projections for State Fiscal Year 2024-25
Tax collections for State Fiscal Year SFY 202425 totaled $1175 billion $21 billion higher than forecast by the Division of the Budget DOB in the SFY 202526 Executive Budget Financial Plan according to the March State Cash Report released by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-tax-collections-outperform-projections-state-fiscal-year-2024-25DiNapoli: Loss of Federal Deductions in Trump Tax Plan Could Hurt New York's Middle Class Taxpayers
… 13.5 percent of all state and local tax deductions nationwide. The average amount of total itemized deductions … DiNapoli's report notes that: Over two-thirds of taxpayers nationwide and nearly the same proportion in New York claim … from the change, accounting for almost 10 percent of the nationwide total in 2014. However, the impact on taxpayers in …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-loss-federal-deductions-trump-tax-plan-could-hurt-new-yorks-middle-class-taxpayersDiNapoli: New York Sees Improvement in Condition of Local Bridges
… or 8,891 of the state’s bridges. New York Compared to the Nation Nationwide, 6.8% of bridges were rated in poor … Mid-Hudson (13.9%) and Capital District (13.7%) regions. Long Island (3.2%) and New York City (7.1%) had the lowest … has been allocated $2 billion to improve state, local and tribal bridges over federal fiscal years 2022 through 2026. …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… and costs per enrollee. Engage Stakeholders in Developing Strategies to Protect Quality of Care and Contain Costs. Two …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021DiNapoli: Fix Delays With Child Support Payments
… million at the end of federal fiscal year 2016, according to an audit released today by State Comptroller Thomas P. … way funds are distributed, DiNapoli's auditors identified a number of problems that need correcting. "Child support … process, to include information on best practices and how to use the available tools. OTDA officials disagreed with …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-fix-delays-child-support-paymentsDiNapoli Releases Executive Budget Report
… including health care, education, transportation and clean water programs. Potential cuts or significant policy changes … state’s spending trajectory on major programs in ways that do not harm services, but ensures their long-term fiscal … in the labor force and employed at higher rates, as well. Restrictions on immigration may pose challenges for …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-releases-executive-budget-reportDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… final budget and other aid, including expected revenue from congestion pricing, give the Metropolitan Transportation … the MTA’s budget through 2026 — and federal approval for congestion pricing — are positive signs that the MTA can … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsMedicaid Audits Find More Than $500 Million in Waste
… further review and actions to prevent overpayments or recover costs. “Medicaid is a vitally important program, … costs billions of dollars annually and the work done by my auditors has found waste throughout the system. My office … funding alone for the Medicaid program is projected to account for $22.4 billion. While the Department of Health …
https://www.osc.ny.gov/press/releases/2015/04/medicaid-audits-find-more-500-million-wasteState Fiscal Year 2022-23 Enacted Budget Analysis
… for State Fiscal Year (SFY) 2022-23 was adopted on April 9, 2022. The Executive and the Assembly Ways and Means … $500 million; climate adaptation and mitigation, $100 million; and reduction of impacts of water and air … under five years of age for each available child care slot or where there are no available slots at all). Property …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… Hospitals (H+H), but reliable funding and timely payments from all government sources is needed to keep the largest … from all levels of government to stay solvent and prepare for future emergencies.” The challenges facing H+H are … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careCity of Yonkers – Budget Review (B25-6-6)
… [read complete report – pdf] Purpose of Budget Review The purpose of our budget review was to identify issues which impact the City of Yonkers’ financial condition in the current and … Overtime costs could potentially be underestimated for police by as much as $341,000. Employee retirement costs are …
https://www.osc.ny.gov/local-government/audits/city/2025/07/02/city-yonkers-budget-review-b25-6-6DiNapoli: NYC Budget Faces Uncertainty Without More Federal Relief
… far during the COVID-19 pandemic, largely as a result of tax revenue from the financial services sector, but the city … of more than $2.1 billion annually from FY 2022 through FY 2024, mostly from the inclusion of recurring labor savings … 500,000. The November budget update projects employment to return to 2019 levels by 2024. The projected budget gaps in …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-budget-faces-uncertainty-without-more-federal-relief