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DiNapoli: Tax Cap at Two Percent for 2019

… Thomas P. DiNapoli. This figure affects the tax cap calculations for all counties, towns, fire districts, 44 … when crafting their spending plans for next year." 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/2018/07/dinapoli-tax-cap-two-percent-2019

Comptroller DiNapoli Releases Municipal Audits

… transparency and accountability for our local communities is a top priority," said DiNapoli. "By auditing municipal … to provide taxpayers the assurance that their money is being spent appropriately and effectively." Camillus … are not adequate to ensure that financial activity is properly recorded and reported and that department funds …

https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-municipal-audits-0

Facilitated Programs to Assist Small Businesses (2022-N-4)

To determine whether the New York City Department of Small Business Services (SBS) provided available services under programs to small businesses to assist them in obtaining funding for opening, operating, and expanding their businesses. The audit covered the period from July 2019 to November 2023.

https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2026-22n4.pdf

DiNapoli: State Tax Revenues Down $767 Million in May

… $1.4 billion less than the state Division of Budget (DOB) projected in the Enacted Budget Financial Plan. In addition, … $915.8 million through May, $412.2 million lower than projected. The Department of Education made $4 billion in …

https://www.osc.ny.gov/press/releases/2020/06/dinapoli-state-tax-revenues-down-767-million-may

Monroe County - Financial Condition (2018M-179)

… years. Its combined funds’ 1 available fund balance as of December 31, 2017 totaled only $1.9 million or .13 percent of gross expenditures, after $12.4 million in one-time … plan to phase out the general fund’s subsidizing of the solid waste fund. County officials generally disagreed …

https://www.osc.ny.gov/local-government/audits/county/2018/12/07/monroe-county-financial-condition-2018m-179

New York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell

… increased market volatility, and the worst December for the Dow Jones Industrial Average since 1931, the industry … not been withheld. DiNapoli also reported: The 2018 bonus pool for securities industry employees who work in New York … bonus season to an estimated $27.5 billion. The bonus pool in 2017 was $32.1 billion, the largest since the 2007 …

https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fell

CUNY Bulletin No. CU-414

… incentive, information about the employee’s FICA status is required. A new option of ER FICA Exmpt is now available in the FICA Status field on the employee job … OSC based on information provided by the agencies. PayServ is now updated to allow agencies to select the appropriate …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-414-hiring-incentives-restore-employment-act-hire-act

NYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon

… to address these issues. Amazon needs to ensure that it is effectively addressing inequality and protecting the … company’s long-term success. The call for racial equity is not going away and neither are Amazon's shareholders. We … to press Amazon to take an independent look at how it is addressing racial justice and equity, just as other major …

https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-statement-major-support-racial-equity-audit-amazon

New York’s Economy and Finances in the COVID-19 Era (April 16, 2021)

… 2021 Edition Analysis of the Paycheck Protection Program in New York The Paycheck Protection Program (PPP) is a loan … Business Administration (SBA) first authorized by Congress in March 2020 to respond to the economic hardships faced by … requirements and eligibility, and added $320 billion in April and $284 billion in December 2020. The American …

https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021

Improper Payments Related to the Medicare Buy-In Program (Follow-Up) (2014-F-12)

We have followed up on the actions taken by officials of the Department of Health to implement the recommendations contained in our audit report, Improper

https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-14f12.pdf