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NYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period ending June 30, 2017, with an estimated value of $197.1 billion, according to New York State Comptroller … to buoy our investments through the opening months of the state fiscal year," DiNapoli said. "As a long term …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… across New York grew 3.3 percent in the first six months of 2017, according to a report released today by State … across the state is welcome news, especially for many of our upstate communities that have struggled with tough … said. "Sales tax, however, can be a volatile source of revenue and local officials must remain cautious. While …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017DiNapoli: Local Sales Tax Collections Grew by Nearly 17% in May
… in New York state increased by 16.7% in May compared to the same month in 2021, according to an analysis released … as consumers continued to face higher prices for goods and services in the state,” DiNapoli said. “My office is closely monitoring New York’s economy, including the impact of inflation on consumer behavior." New York City’s …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-local-sales-tax-collections-grew-nearly-17-mayXV.13 Federal Funds – Payments – XV. End of Year
… In order for the State to be reimbursed for payments made … benefit payments must be paid by the date identified in the Office of Operations Events and Deadlines Calendar . …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv13-federal-funds-paymentsXV.11 Journal/Revenue Transfers – XV. End of Year
… Ledger Journal Entries and AP Journal Vouchers prior to the end of the fiscal year, OSC strongly recommends that agencies submit these transactions to OSC by the date identified in the Office of Operations Events and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv11-journalrevenue-transfersDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionNYS Common Retirement Fund Reports First Quarter Results
… Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 was 10.35 percent for … period ending June 30, 2020, with an estimated value of $216.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “One of the strongest rebounds in modern history lifted the Fund’s …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli Calls for Improvements to Capital Planning Process
… to ensure that New York State is spending its billions of capital project dollars wisely. "Much of New York's infrastructure was built decades ago and is heavily used. It is in need of ongoing maintenance, repair or replacement, but the full …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-calls-improvements-capital-planning-processState Agencies Bulletin No. 2134
… impact to paychecks if the NYS budget or an extender bill is not passed by 12 p.m. on Tuesday, May 2, 2023. … Executive Branch* employees paid on the Institution pay cycle may be affected. *This does not apply to employees … via the PayServ Bulletin Board and New York State Payroll Online (NYSPO). Agency Actions: Agencies should notify …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2134-paycheck-distribution-may-4-2023-institution-cycle-paychecksDiNapoli: Localities Spending More to Address Climate Change Hazards
… A sample of local governments across New York reported $1.34 billion … on capital projects over a 10-year period, with about 55% of the total in response to climate-related hazards such as … DiNapoli said. “Local governments are shouldering much of the financial burden of climate change as they maintain …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-localities-spending-more-address-climate-change-hazardsNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return … with an estimated value of $184.5 billion, according to New York State Comptroller Thomas P. DiNapoli. “Investments … (7.6 percent), real estate (6.9 percent), absolute return strategies (3.2 percent) and opportunistic alternatives and …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: Local Sales Tax Collections Up 7% in First Quarter
… Local government sales tax collections in New York state totaled $5.5 billion in the first quarter of 2023, an increase of 7.1%, or nearly … 57 counties experienced year-over-year sales tax increases during the quarter, with some seeing double-digit growth. …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-local-sales-tax-collections-7-percent-first-quarterDiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… Budget Financial Plan in February (latest projections), and $6.8 billion higher than forecast in May 2020 (initial … DiNapoli said. “We face a long road to recovery, and the state’s economy still faces serious challenges, both in the short-term and long-term. Better-than-anticipated tax collections, …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projectionsDiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the State Financial Plan, according to the monthly State Cash …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli Releases Report on Tax Check-Off Donations
… eligible to receive contributions saw a slight decline in total donations, as well as in the number of contributions, in the 2019-20 state fiscal … Of these 28 funds, 25 were eligible to receive donations during the fiscal year (others were not yet in effect). …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-releases-report-tax-check-off-donationsDiNapoli: State Budget Boosts Education Aid and Enacts Paid Family Leave but Falls Short on Ethics Reform and Transparency
… creates authorization for projects that identify climate change impacts and/or mitigate or adapt to those impacts, as …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-state-budget-boosts-education-aid-and-enacts-paid-family-leave-falls-short-ethics-reform-andDiNapoli: Majority of Contracts with Not-For-Profit Organizations Still Approved Late
… State agencies were late 61 percent of the time in approving contracts with not-for-profit providers (NFPs) last year, with half of all agencies reporting contracts as late as 90 to 100 percent of the time, according to a report released today by State …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-majority-contracts-not-profit-organizations-still-approved-lateDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… first half profits of $13.5 billion, down 56.3% from the $31 billion earned in the same period last year, … space needs and a prolonged downturn could negatively impact state and city coffers. Continued support for other … The Fed’s latest projections show its policy rate rising to 4.25%-4.5% by the end of the year from the current …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsDiNapoli Releases Year-End and April Cash Reports
… Tax collections in April were more than $1 billion, or 17 percent lower, than comparable receipts a year ago, but $86.8 million higher than the projections … "The Division of the Budget has released a Financial Plan that responds to the April shortfall. The recent tax …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsDiNapoli Releases Report on State Spending to Implement Raise the Age Law
… year (SFY) 2025 to help counties implement the provisions of the “Raise the Age” (RTA) law enacted in 2017, with $658.8 … State Comptroller Thomas P. DiNapoli. RTA changed the age of criminal responsibility as an adult from 16- to … all new and ongoing costs associated with implementation of RTA. To qualify for reimbursement, counties must adhere to …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-releases-report-state-spending-implement-raise-age-law