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DiNapoli: State Tax Receipts Through First Quarter Exceed Financial Plan Projections by $1.7 Billion
… Budget Financial Plan forecast by $1.7 billion, according to the monthly State Cash Report released by State … day reserve funds on or ahead of the schedule included in the Enacted Budget Financial Plan should be a priority.” … Entity Tax (PTET), which allows certain taxpayers to make business tax payments rather than personal income tax …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-state-tax-receipts-through-first-quarter-exceed-financial-plan-projections-1-point-7-billionXVII.2 Overview – XVII. Lapsing Appropriations
… Stabilization Account appropriations lapse after close of business on June 30 or the first business day following if … and Debt Service appropriations lapse after close of business on September 15 or the first business day … SUNY Aid to Localities appropriations lapse after close of business September 30 or the first business day following …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2-overviewState Agencies Bulletin No. 2059
… before January 1, 2026), the maximum fair market value of a vehicle (automobiles, vans, trucks) made available to employees when calculating the Cents-Per-Mile Valuation or the Fleet … cards issued by the State. If these charges were not reimbursed by the officer or employee, agencies must add …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… New York State Comptroller Thomas P. DiNapoli announced today an estimated 13.02 percent rate of return for the New York State Common Retirement Fund (Fund) now valued at an …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli Releases Analysis of State Financial Plan
… disbursements in SFY 2022-23 of $222.2 billion from All Funds, including $122.7 billion from State Operating Funds. General Fund disbursements (including transfers to other funds) are projected by DOB to total $96.1 billion in SFY …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… In 2013, the most recent full year of data available, IDA projects reported a total of 644,080 full-time jobs, … 199,943 jobs over the life of these projects, at a median cost of $2,095 per job gained. In 2012, cumulative job gains … the use of standardized project applications, cost-benefit analysis, uniform project agreements and provisions …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsDiNapoli: New York City's Budget Outlook Improves
… in FY 2024 and grew to $2.2 billion by FY 2027, despite a decrease of about $500 million annually in real estate … and inclusion of proposed state asylum seeker funding, when combined with additional as-yet unbudgeted reductions in … will rise to nearly $1.9 billion by FY 2028. The city does not address how it will support $92 million in funding …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… for the year with gaps of more than $1 billion in 2024 that could have ballooned to $1.6 billion in 2026. With … state taxes provide more than 44% of MTA’s revenue in 2024, up from 37% in 2019, making up for the drop in … (13%) will combine to make up 39% of the MTA’s revenue in 2024, well below 2019 when they brought in more than half of …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backState Agencies Bulletin No. 2159.1
… before January 1, 2026), the maximum fair market value of a vehicle (automobiles, vans, trucks) made available to employees when calculating the Cents-Per-Mile Valuation or the Fleet … credit cards issued by the State.If these charges were not reimbursed by the officer or employee, agencies must add …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21591-procedures-reporting-taxable-value-personal-use-employer-providedState Agencies Bulletin No. 2159
… This bulletin is superseded by Payroll Bulletin No. 2159.1 . Purpose: The purpose of this … vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year 2023. Affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2159-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli Releases October State Cash Report
… fiscal year.” Since the start of the fiscal year in April, All Funds receipts reached $85.1 billion, an increase of … $267.8 million and Mid-Year projections by $246.8 million. All Funds spending reached $83.6 billion through the first … The cash report focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-releases-october-state-cash-reportDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… Local government sales tax collections in New York state totaled $22.1 billion in calendar year 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, especially in New York City, according to a report released today by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments
… more than $240,000 in New York state pension payments made to her deceased father over a 4 ½-year period. “The defendant took advantage of her father’s death to profit handsomely at the expense of New York’s retirement … Police for partnering with my Division of Investigations to bring her to justice. We will seek full restitution and …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli: NYC Financial Plan Improved From June
… to State Comptroller Thomas P. DiNapoli’s analysis of the city’s November financial plan update . “Amid a number … expenses related to the recent influx of asylum seekers when there is a risk it may not receive the full amount. … delays. These expected savings come at a time when the city is experiencing difficulties in hiring amid …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… New York City projects a surplus of $3.7 billion in fiscal year … in Washington, according to a report released today by State Comptroller Thomas P. DiNapoli. "The President's … between 2009 and 2016 (the largest job expansion in its history) and the unemployment rate has fallen to 4 percent …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… The percentage of school districts initially planning to override New York’s property tax cap in 2016-17 has nearly doubled when compared to last year, …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… levels were 0.6% at the end of FY 2021, however additional forms of budgetary cushion increase these levels to about 8% …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… up $861 million (20%) from the same period last year and continuing the trend of exceeding pre-pandemic levels, … the COVID-19 pandemic,” DiNapoli said. “This growth is an indicator that New York is experiencing an economic recovery, … must closely watch changing economic conditions as supply chain shortages and workforce disruptions may impact …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli Releases State Cash Report
… Funds includes General, Special Revenue, Debt Service and Capital Projects funds, as well as funds from the federal …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportThe Increasing Threat of Identity Theft
… the identity of another person to obtain goods, money, property, services or credit or to commit another crime. The … the FTC. 33 In addition, victims can visit IdentityTheft.gov , the federal government’s “one-stop” resource for people … by filing a complaint online at [email protected].gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/reports/increasing-threat-identity-theft