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DiNapoli: MTA Budget Continues to Face Serious Risks
… to devote one-fifth of total revenue to debt service by 2023 as it relies increasingly on borrowing to finance its … The MTA expects debt outstanding to reach $52.6 billion by 2023. As a result, debt service is projected to reach $4.2 billion by 2023, an increase of 59 percent since 2019. Debt service is …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-mta-budget-continues-face-serious-risksDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… New York City is projecting a surplus of $3 billion for fiscal … of the city’s updated financial plan released today by State Comptroller Thomas P. DiNapoli. “New York City’s budget … reserve of $1 billion annually. The city has taken a number of steps to increase its reserves. It has increased …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearQuality Services for the Autism Community – Compliance With the Reimbursable Cost Manual
… claimed on QSAC’s CFR for the fiscal year ended June 30, 2015. About the Program QSAC is a New York City- and Long … in Douglaston, Queens. For the fiscal year ended June 30, 2015, QSAC served 164 students, which consisted of 140 in … boroughs and Long Island. For the fiscal year ended June 30, 2015, QSAC received $3.7 million in State funding for the …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/quality-services-autism-community-compliance-reimbursable-cost-manualState Agencies Bulletin No. 1812
… 2020. Federal Withholding Allowance Per IRS Publication 15-T , withholding for employees with the 2019 version of … subject to Medicare tax. The Social Security tax rate of 6.2% and Medicare tax rate of 1.45% remain the same. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1812-summary-tax-related-changes-2020State Comptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced the following local government audits were issued. Town of Throop – Oversight of the … complete timely bank reconciliations, or perform annual audits. Auditors determined code enforcement officers did not … P DiNapoli today announced the following local government audits were issued …
https://www.osc.ny.gov/press/releases/2024/05/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… the beginning of the fiscal year with projected gaps of $3.6 billion in FY 2019, $3 billion in FY 2020 and $2.3 billion … cumulative value of the citywide savings program to reach $6.1 billion during fiscal years 2017 through 2021. Read the …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsState Comptroller DiNapoli Releases Audits
… drugs containing the same active ingredients, dosage form and strength. A prior audit, issued in December 2022, …
https://www.osc.ny.gov/press/releases/2024/07/state-comptroller-dinapoli-releases-auditsDiNapoli & A.G. Schneiderman Announce Arrest of Upstate Woman for Theft of over $67K in NYS Pension Benefits, $19K Welfare Fraud
… bond or cash. If convicted, Banack faces up to 5 to 15 years in state prison. The charges are accusations and the … date has resulted in dozens of convictions and more than $11 million in restitution. Attorney General Schneiderman and …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-ag-schneiderman-announce-arrest-upstate-woman-theft-over-67k-nys-pension-benefits-19kComptroller DiNapoli & A.G. Schneiderman Announce Felony Conviction of Upstate Woman for Pension Fraud and Welfare Fraud
… New York State Comptroller Thomas P. DiNapoli and Attorney …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-ag-schneiderman-announce-felony-conviction-upstate-woman-pension-fraud-andDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… fees from the refunding bond closings of Yankee Stadium LLC and Queens Ballpark Co. LLC (Citi Field). Total IDA … IDAs was professional service contracts for accounting, legal, or marketing services ($21.7 million, or 27%, of the … project value of nearly $2.8 billion. The number of “clean energy” projects, increased from 25 to 85. Some of the …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: Wall Street 2022 Bonuses Fell 26% From Previous Year, Return to Pre-Pandemic Levels
… industry, its share of jobs has been declining over time as large firms have left the city. Sector employment in …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-wall-street-2022-bonuses-fell-26-previous-year-return-pre-pandemic-levelsDiNapoli: MTA Budget Outlook Improves
… time frame to maintain and modernize the existing system, but financing these investments will be difficult in …
https://www.osc.ny.gov/press/releases/2013/09/dinapoli-mta-budget-outlook-improvesDivision of Housing and Community Renewal: Physical and Financial Conditions at Selected Mitchell-Lama Developments in New York City
… supervised by Homes and Community Renewal’s (HCR) Division of Housing and Community Renewal (DHCR) are provided safe and clean living conditions, and whether funds are properly accounted for and used for intended purposes. Our audit covered the period from January 2019 through January 2023. About the …
https://www.osc.ny.gov/state-agencies/audits/2023/06/15/division-housing-and-community-renewal-physical-and-financial-conditions-selected-mitchellComptroller DiNapoli Releases School Audits
… Thomas P. DiNapoli today announced his office completed audits of the Bellmore-Merrick Central High School District , … spent appropriately and effectively. The Comptroller’s audits are designed to help schools improve their financial … Thomas P DiNapoli today announced his office completed audits of the BellmoreMerrick Central High School District …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-1DiNapoli: State Education Employment Program For New Yorkers With Disabilities Falling Short
… disability. SED has 15 ACCES-VR district offices with 293 full-time vocational counselors and 97 counselor assistants. … achievements to ensure that participants are receiving the full benefit of its services. SED officials generally …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-state-education-employment-program-new-yorkers-disabilities-falling-shortDiNapoli: Weak Oversight Leads to Tax Breaks for Ineligible Properties
… program requires the submission of an annual commitment form from the property owner recommitting the land for the …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-weak-oversight-leads-tax-breaks-ineligible-propertiesDebt – 2021 Financial Condition Report
… voter-approved general obligation debt, a decrease of 11.9 percent since SFY 2016-17. $58.7 billion of … $70.7 billion of State-Funded debt, an increase of 15.1 percent since SFY 2016-17. This is the State … billion of new issuances of State-Supported debt; and $20.6 billion of State-Supported debt retirements. The SFY …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtDiNapoli Audit Finds Western Regional OTB Lacks Accountability and Gave Out Lucrative Perks
… use of an official vehicle in a timely manner. Both audits found lax oversight of operations by the board of … actions on the recommendations are included in the audit. Audits Western Regional Off-Track Betting Corp. – Marketing …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-audit-finds-western-regional-otb-lacks-accountability-and-gave-out-lucrative-perksThe Changing Face of Post-Pandemic New York City
… significant policy implications moving forward, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “Ongoing changes to the city’s makeup have important implications for the … about the cost of living, the growing wealth gap, the need to preserve a strong middle class, and the challenges of …
https://www.osc.ny.gov/press/releases/2023/12/changing-face-post-pandemic-new-york-cityState Agencies Bulletin No. 2200
… Security Wage Base Limit Contribution Limits on Pension/Retirement Plans Qualified Transportation and Parking Fringe … federal income tax on the wages of nonresident alien (NRA) employee is subject to an additional withholding amount which is added to NRA employee’s wages for calculating federal income tax. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2200-summary-tax-related-changes-2024