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DiNapoli: NYC Budget Benefiting From Strong Economy
… New York City is projecting a surplus of $135 million for fiscal year 2016, but the surplus will likely grow as tax collections are higher than expected amid a strong economic climate and …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyDiNapoli: NYC Sales Tax Collections Strong Due to Tourism and Commuter Return, Fueling Statewide Strength
… New York City’s taxable sales grew by 18.1% in the first three quarters of the latest sales tax year … at the onset of the COVID-19 pandemic resulted in a drop in sales tax collections two years in a row for the … growth rates following the next two fiscal years. Report NYC Taxable Sales and Purchases: Resilient Amid Economic …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-nyc-sales-tax-collections-strong-due-tourism-and-commuter-return-fueling-statewide-strengthDiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… New York City is using the federal funds it received in the wake … uncertainties, according to a report released today by State Comptroller Thomas P. DiNapoli. “New York City acted … public health services along with housing, legal and employment assistance targeted to low-income residents. At …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryDiNapoli: Syosset Man Sentenced for Role in $12 Million Ponzi Scheme
… million Ponzi scheme that targeted nearly 50 victims—many of them seniors—between 2015 and 2017. Matthew Eckstein, 52, … on Feb. 8, 2022, before Judge Teresa Corrigan to charges of Grand Larceny in the First Degree (a B felony) and … on this case. “Matthew Eckstein brazenly took advantage of people who trusted him to line his own pockets and …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-syosset-man-sentenced-role-12-million-ponzi-schemeDiNapoli: Local Sales Tax Revenue Slows in 2016
… sales tax collections across New York state only grew 1.7 percent in the first six months of 2016, according to a … Thomas P. DiNapoli. Overall, growth slowed from 2.6 percent in the first quarter to 0.8 percent in the second … City, with the strongest growth in Chautauqua County at 11.6 percent, due to an increase in the county’s rate from 3.5 …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-local-sales-tax-revenue-slows-2016DiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… Tax collections for State Fiscal Year (SFY) 2021-22 totaled $121.1 billion — … York State Comptroller Thomas P. DiNapoli. Tax collections for SFY 2021-22 were $38.8 billion higher than the previous … than the most recent forecast; $724 million set aside for public employee health insurance costs; $843 million was …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsOvertime at State Agencies Reached All-Time High in 2020
… pandemic touched nearly every aspect of our lives and the men and women in public employment stepped up to help keep the public safe and get critical benefits.” Three agencies performed most of the …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020Selected Management and Operations Practices
… on the State’s energy policy to produce better outcomes for the people of New York State, NYPA announced a new $250 … in locations that supported the programs’ intentions. For example, NYPA placed public charging ports in only 32 of … number of EVs have relatively few public charging ports. For example, Suffolk County has the highest number of …
https://www.osc.ny.gov/state-agencies/audits/2022/02/04/selected-management-and-operations-practicesDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… hot water are sent to HPD to address. From July 1, 2017 through June 30, 2019, HPD’s received about 447,000 heat and …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredDiNapoli Releases December State Cash Report
… State tax collections through the first three quarters of the fiscal year declined $1.2 billion, or 2.2 percent, … year by more than $1 billion,”DiNapoli said. “The timing of payments and the level of financial sector bonuses will influence whether current …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportDiNapoli: Wall St. First Half Profits Jumped
… in the global economy and other factors pose threats to second half profits, according to State Comptroller Thomas P. DiNapoli’s annual report on … industries in the State. The full report is available online at http://osc.state.ny.us/osdc/rpt9-2020.pdf . … …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedDiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… New York City projects a surplus of nearly $4.2 billion in FY 2017, the largest since FY 2008, … City’s financial outlook. The city faces the possible loss of hundreds of millions of dollars in federal funding and cuts to …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetOpinion 88-28
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … in the opinion. OFFICIAL NEWSPAPER -- Designation of (criteria for designation in towns) LOCAL LAWS -- Official …
https://www.osc.ny.gov/legal-opinions/opinion-88-28New York's 529 College Savings Program Delivers $287 Million to College Students Since January
… Program has helped New York students and families pay for more than $287 million in college-related expenses this … time to consider opening a 529 College Savings account for your child,” DiNapoli said. “For just as little as $25, you can begin laying the …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… Tax collections for State Fiscal Year (SFY) 2023-24 totaled $106.4 billion, … estimates through the end of SFY 2024-25. Tax collections for SFY 2023-24 were $5.2 billion lower than the previous … State policy makers should ensure that the enacted budget for State Fiscal Year 2024-25 accounts for such risk.” Tax …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24IX.10.C Federal Treasury Offset Program (TOP) Agency Responsibilities – IX. Federal Grants
… agency, state agencies should make every effort to make payment to the federal government promptly or contest the … had funds taken notifying them that a portion of their payment was applied to a NYS debt. Once the agency receives … agency state agencies should make every effort to make payment to the federal government in a timely manner or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10c-federal-treasury-offset-program-top-agency-responsibilitiesOpen Educational Resources
… reduce textbook costs. CUNY’s Office of Library Services (OLS) is tasked with providing the oversight and … or unaware of how to participate in the OER program. While OLS performs outreach to encourage OER adoption across …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesDiNapoli: State Tax Collections Outperform Projections for State Fiscal Year 2024-25
… forecast by the Division of the Budget (DOB) in the SFY 2025-26 Executive Budget Financial Plan, according to the March … than forecast by the Division of the Budget DOB in the SFY 202526 Executive Budget Financial Plan according to the March …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-state-tax-collections-outperform-projections-state-fiscal-year-2024-25DiNapoli Audit Finds Food Inspection Failures at NYC Homeless Shelters
… The state and city agencies in charge of overseeing food services at homeless shelters in New York … Thomas P. DiNapoli. "When you get a hot meal at a homeless shelter, it should not come with a health warning," DiNapoli …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-audit-finds-food-inspection-failures-nyc-homeless-sheltersDiNapoli: State's Cash Position is Strong
… State tax collections through the first five months of the state fiscal year were $26.9 … billion, $119.3 million higher than projected in the latest Financial Plan update but 1.3 percent less than the … initially anticipated. “The current state fiscal year is nearly half over, and the state’s cash position is …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strong