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State Pension Fund Adds $30 Million for Investments in New York Companies
… investments in companies located in New York state. This is the state pension fund’s third commitment to Primary … companies, I am proud of how well the In-State Program is performing. As trustee of the state pension fund, I’m … Partners, formerly known as High Peaks Venture Partners, is an early stage venture capital firm. The pension fund made …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesWyoming County Industrial Development Agency – Payments in Lieu of Taxes (2024M-148)
… County Board of Supervisors. The Board is responsible for reviewing and approving prospective project applications, … Director is the chief executive officer and is responsible for WCIDA’s day-to-day management. The Director of Operations … officials calculated PILOT billings for nine wind and solar energy projects, totaling $971,547. We reviewed the …
https://www.osc.ny.gov/local-government/audits/county/2025/11/21/wyoming-county-industrial-development-agency-payments-lieu-taxes-2024m-148DiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… already incorporated financial education into the school curriculum, with some starting lessons as early as … consideration. Adding financial education to New York’s curriculum can be successfully implemented, as evidenced by …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… and upstate Welfare Management Systems (WMS), and NY State of Health (NYSOH) system flaws that failed to notify … in the audit. Read the report , or go to: http://osc.state.ny.us/audits/allaudits/093019/sga-2019-18s24.pdf Earlier … problems with duplicate payments. See: http://osc.state.ny.us/audits/allaudits/093016/14s4.pdf See: …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsDiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… totaled more than $1.5 billion, up nearly $204 million from August of last year. “New York’s local governments … activity was recovering in certain parts of the state from the early effects of the pandemic. Still, August 2021 … collections for August grow by double digits, ranging from 12.6% in Herkimer County to 76.3% in Delaware County. …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… collections in New York grew by 12.9% in October compared to a year ago, State Comptroller Thomas P. DiNapoli announced … tax vendors for the reporting quarter and adjusts payments to local jurisdictions in those months upward or downward … collections in New York grew by 129 in October compared to a year ago State Comptroller Thomas P DiNapoli announced …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… to a report released today by New York State Comptroller Thomas P. DiNapoli. Collections for the three-month period … to a report released today by New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022DiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… also led to unsatisfactory long-term care for eligible patients in need,” said State Comptroller DiNapoli. “I urge … oversight of its managed long-term care program so that patients receive the services they are entitled to.” … care and nursing home care, to chronically ill or disabled patients. To be eligible, patients must meet certain …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… New York has been slow when it comes to using some federal … housing crisis, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The audit … to ensure the unprecedented federal relief funds help New Yorkers in need and are not lost because of unnecessary …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… selected major metropolitan areas in the U.S., according to a new report from New York State Comptroller Thomas P. … the city spend 30% of their income on rent, forcing them to make tough choices. City and state leaders recognize New York’s housing affordability problem but need to implement cost-effective solutions more quickly.” Housing …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
… led to significant delays in holding violators accountable and attaining restitution for workers while allowing … violations, such as wage theft, minimum wage infractions and child labor offenses, are a significant problem both nationally and in New York,” DiNapoli said. “Our audit identified that …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nycDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… State Education Commissioner Betty A. Rosa. The full op-ed is below: We should be teaching financial literacy in NY's … long-term financial success and quality of life. There is no question that investing in financial literacy will pay … of the public and a required course in our high schools is being given serious consideration by the state Education …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… Modernization, $5.65 billion. Network Expansion: Second Avenue Subway (SAS), $5.23 billion. Administrative and …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: Hate Crimes Surged in New York Over the Last Five Years
… report by State Comptroller Thomas P. DiNapoli. The number is 69% more than in 2019. “New York is a diverse hub of cultures, beliefs and identities, whose … the value of New York’s diversity.” A hate crime is an offense that is motivated by a perception or belief …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-hate-crimes-surged-new-york-over-last-five-yearsNew York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… “The out-year budget gaps are relatively small, but there is still a risk of an economic downturn. Also, the proposed … from prior years’ expenses. The citywide savings program is now expected to generate $1.2 billion during FY 2020 and … average 3.5 percent of city fund revenues, a share that is among the smallest in the past 20 years. The city’s …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearDiNapoli: Statewide Local Sales Tax Collections Surge Nearly 58 Percent in May
… rebounds from the effects of the COVID-19 pandemic and the standstill it created in New York state in March … DiNapoli said. “Combined with direct federal assistance and restored state aid, the recovery of sales taxes will help … by Region (for detailed monthly breakdown) Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… to a report released today by State Comptroller Thomas P. DiNapoli. “The pandemic created significant sales tax … weak collections from the same quarter in 2021, when COVID infection rates were peaking, public vaccinations had not … to a report released today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… The state Department of Health can do more to control costs and save taxpayers money by making sure it … procedures, this audit shows that it can certainly do a lot more.” The Medicaid Drug Rebate Program (MDRP) was … The state Department of Health can do more to control costs and save taxpayers money by making …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… so they can track their activities,” DiNapoli said. “The tax breaks IDAs provide can impact local taxes so it’s … New York City IDA, do not. DiNapoli’s report found that: Tax exemptions for IDA projects totaled almost $1.9 billion, … over 2020. The largest exemptions in any year are property tax exemptions, which totaled $1.7 billion, or 89.1% of the …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… collections in New York state grew by 3% in July compared to the same month in 2022, according to an analysis released today by State Comptroller Thomas P. … totaled $1.82 billion, up $53.3 million compared to the same time last year. “Local sales tax growth in July …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-year