Search
DiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… New York City was the early epicenter of the COVID-19 pandemic outbreak, but many small businesses hit hardest were initially left out of the federal Paycheck Protection Program (PPP) because they … small businesses, but it has proven difficult for many of New York City’s mom-and-pop operations to navigate,” …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingDiNapoli: Local Sales Tax Collections Up 1.4% in Third Quarter
… the same quarter last year, according to a report released today by State Comptroller Thomas P. DiNapoli. Eight of the … also updated the local sales tax sharing interactive map, which shows the percentage of local sales tax revenue … Detailed Sales Collections by County and City Interactive Map of Local Sales Tax Sharing Agreements Local Sales Tax …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-local-sales-tax-collections-up-1-point-4-percent-third-quarterDiNapoli: Shift in MTA's Paratransit Program Generates Cost Savings
… Costs for the Metropolitan Transportation Authority’s (MTA) program to provide transportation services for people with … In 2017, the MTA initiated a limited on-demand pilot program known as E-Hail. Phase II of the program will expand from 1,200 to 3,600 participants along …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-shift-mtas-paratransit-program-generates-cost-savingsEconomic Impact of Tariffs – Federal Funding and New York
… in exports to Canada, the State’s most significant trading partner. Exports of more than two-thirds of product … for consumers are likely to remain elevated throughout 2026 . Impact on U.S. Trading Partners With the initial … largest importer. Canada is the state’s largest trading partner, comprising 21.6 percent of exports and 12.8 percent …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/economic-impact-tariffsAccounting and Financial Reporting for Leases as Required by GASB Statement No. 87
This bulletin provides accounting and financial reporting guidance related to those contracts that meet the definition of a lease, and illustrates how local governments, and school districts will need to account and report these leases in their annual update document (AUD) and the ST-3.
https://www.osc.ny.gov/files/local-government/publications/pdf/accounting-and-financial-reporting-for-leases-required-by-gasb-87.pdfAccounting and Financial Reporting for Subscription-Based Information Technology Arrangements (SBITAs) as Required by GASB Statement No. 96
The purpose of this bulletin is to provide accounting and financial reporting guidance for subscription-based information technology arrangements (SBITAs) and illustrate how local governments and school districts will need to account for and report these SBITAs in the Annual Financial Report (AFR)
https://www.osc.ny.gov/files/local-government/publications/pdf/accounting-bulletin-gasb-96.pdfJustice Court Fund Reporting
The Office of the State Comptroller is replacing the Justice Court Fund Internet Report (JCFIR) with a new Justice Court Fund Reporting (JCR) application to collect the monthly court activities. Come learn about the new system’s features and how to access and navigate reports.
https://www.osc.ny.gov/files/local-government/academy/pdf/justice-court-fund-reporting-042424.pdfLate Contracts Subject to Prompt Contracting - Approved 1/2/2014 - 1/1/2015
Table of Late Contracts Subject to Prompt Contracting by Region Approved 1/2/2014 - 1/1/2015
https://www.osc.ny.gov/files/press/pdf/late-contracts-subject-pcl-by-region-2015.pdfNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2020-21 was 10.01 percent for the … with an estimated value of $247.7 billion, according to New York State Comptroller Thomas P. DiNapoli. “Continued …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year 2018-2019 was … 2018, with an estimated value of $213.2 billion, according to New York State Comptroller Thomas P. DiNapoli. "The Fund … 30, 2018, the Fund had 41.4 percent of its assets invested in publicly traded domestic equities and 15.6 percent in …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsState Comptroller DiNapoli Releases Municipal Audits
… DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … adopted budgets. As a result, from 2014 through 2016, fund balance in the general fund declined from about $478,000 to … fund from $31,503 to $3,521 (89 percent). Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-releases-municipal-audits-0Adult Career and Continuing Education Services – Vocational Rehabilitation Supported Employment Program (Follow-Up)
… of implementation of the three recommendations included in our initial audit report, Adult Career and Continuing Education Services – Vocational … According to the 2022 American Community Survey (ACS), in New York State, there were estimated to be over 1 million …
https://www.osc.ny.gov/state-agencies/audits/2023/09/27/adult-career-and-continuing-education-services-vocational-rehabilitation-supportedIII.9 Provisions for 15 Day Prompt Payment Interest Eligibility – III. Statewide Financial System (SFS)
… require the payment of prompt payment interest to certain small businesses on invoices not paid within 15 days. This interest is payable provided the small business submits its invoice electronically, in … and identifies that it is seeking expedited payment as a small business. This section details the policies and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii9-provisions-15-day-prompt-payment-interest-eligibilityFederal funds to New York City: Title IV-E Foster Care
Title IV-E of the Social Security Act (Assistance Listing Number 93.658) is a federal program that provides reimbursement for a portion of foster care costs.
https://www.osc.ny.gov/files/reports/pdf/federal-funds-to-nyc-title-iv-e-foster-care.pdfDiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… New York City, New York state and the Metropolitan Transportation … adversely affect the others, according to a review of the city’s financial plan released today by New York State … of the pandemic have been unprecedented on New York City, the state and the nation,” DiNapoli said. “Without …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesSUNY Bulletin No. SU-342.2
… No. SU-342.1 Purpose: The purpose of this bulletin is to inform agencies of the implementation of Paid Parental … York State will provide 12 weeks of Paid Parental Leave to certain Executive Branch State employees to bond with a newly born, adopted, or fostered child. Per a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-3422-suny-paid-parental-leave-fullDiNapoli: Tax Cap at Two Percent for 2019
… allows municipalities to override the tax cap. During the 2014 through 2018 fiscal years, municipalities with a fiscal …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-tax-cap-two-percent-2019State Comptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the Town of Lockport , Town of Ontario , Town of Preston and Town of Thompson . "In … P DiNapoli today announced his office completed audits of the Town of Lockport Town of Ontario Town of Preston and …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund
… and their beneficiaries.” “Nav is a valued partner to me in our investment process,” Anastasia Titarchuk, the Fund’s Chief Investment Officer said. “His experience and abilities have been key to our team as we … go to Comptroller DiNapoli for his trust in appointing me to this position.” Patel was born in Uganda and raised in …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fundLegal Topics and Approvals
… to Refunding Local Debt Pursuant to Sections 90.00 and 90.10 of the Local Finance Law Conflicts of Interest: Municipal Officers and Employees, The Fundamentals of Article 18 of the General … describes the procedures for counties, cities, towns, and villages to apply to the State Comptroller for exclusion …
https://www.osc.ny.gov/local-government/resources/legal-topics-and-approvals