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DiNapoli: Recent Federal Actions Will Have Significant Impact on Higher Education in NY
… Impacts from the recently enacted federal budget law, upcoming … and executive actions since January 2025 risk undermining the strength and competitiveness of New York’s higher education sector and the social and economic benefits it generates, according to a …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-recent-federal-actions-will-have-significant-impact-higher-education-nyFormer Bronx Youth Director Pleads Guilty
… Attorney Darcel D. Clark today announced the guilty plea of Earnestine Russell to grand larceny in the third degree for stealing grant money from a state-administered, federally-funded grant to support after-school programs for middle school children. … Attorney Darcel D Clark today announced the guilty plea of Earnestine Russell to grand larceny in the third …
https://www.osc.ny.gov/press/releases/2019/02/former-bronx-youth-director-pleads-guiltyNew York City Construction Industry Booming
… The construction industry in New York state has set employment records for four consecutive years with New York City accounting for half of the state’s construction job gains since 2010, according to a report released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2019/05/new-york-city-construction-industry-boomingNYC Budget Benefiting From Strong Tax Collections
… in FY 2018 (the fastest in three years), boosted by a near doubling of capital gains and the strength of the city’s … are likely to exceed the city’s forecasts, at least in the near term, and recommends that the city increase its reserves …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsOpinion 91-58
… issues discussed in the opinion. REFERENDUM -- Advisory (site plan approval) GENERAL CITY LAW, §30-a: In the absence … an advisory referendum on the question whether to grant site plan approval and whether a proposed facility is … an advisory referendum on the question of whether to grant site plan approval and a favorable determination as to …
https://www.osc.ny.gov/legal-opinions/opinion-91-58DiNapoli Releases October State Cash Report
… State tax collections totaled nearly $41.6 billion through October, a drop of $764.1 million, or 1.8 percent, from the … P. DiNapoli. However, tax collections of $4.7 billion in October were 13.8 percent higher than those of October 2015 due to large audit payments made under the bank …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-releases-october-state-cash-reportDiNapoli: 14 School Districts Designated in Fiscal Stress
… Fourteen school districts statewide were designated in some level of fiscal stress under New York State … year (SY) ending on June 30, 2022, down from 23 districts in fiscal stress the prior year. This is the lowest incidence … (2012-13 school year). “The number of districts designated in a fiscal stress category has fallen considerably over the …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System has identified eight villages and … three cities in New York that were in some level of fiscal stress in 2020, based on scores that largely reflect the time … State Comptroller Thomas P DiNapolis Fiscal Stress Monitoring System has identified eight villages and …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: Fewer Counties Exceeding Tax Cap
… New York’s property tax cap has declined by more than half over the past four fiscal years, dropping from 15 in 2012 to only six in 2015, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report … New Yorks property tax cap has declined by more than half over the past four fiscal years dropping from 15 in 2012 …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli Releases State Cash Report
… the Enacted Budget, according to the monthly state cash report issued today by New York State Comptroller Thomas P. … the case in many states. Other findings from the May cash report include: Consumption and use tax collections totaled … higher than last year at the same time. See the May cash report or go to: http://www.osc.state.ny.us/finance/cbr.htm …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportDiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… lost partial or full special education services because of school shutdowns and the shift to remote learning during the pandemic that likely … especially impacted,” DiNapoli said. “An essential part of this year’s school reopening plans should be determining … lost partial or full special education services because of school shutdowns and the shift to remote learning during …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-servicesDiNapoli: State Tax Collections Continue to Exceed Projections
… costs. All Funds spending through June was $2.4 billion lower than projected. State Operating Funds spending totaled … billion, or 12.5%, higher than last year and $1.7 billion lower than projected. The state’s General Fund ended the …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsAudit Finds Construction Delays in Public Housing Program Across New York State
… housing modernization program run by New York State Homes and Community Renewal (HCR) have led to years-long delays in … construction contracts, questionable contractor selections and contract changes that led to significant cost increases,” DiNapoli said. “People living in moderate- and low-income housing should not have to wait years for …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… Higher-than-projected revenue and cost-saving initiatives have helped New York … for the city to navigate financial uncertainty.” Strong revenue results allowed the city to reduce its initial … and $17.4 billion in FY 2028, inclusive of slightly higher revenue projections than the city. In addition to budget …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… to ensure the success of these programs continues.” EFC is a public benefit corporation that provides financing … The federal Infrastructure Investment and Jobs Act of 2021 is estimated to make $2.5 billion available for these … totaling $26.1 billion. DiNapoli said more transparency is necessary on the state’s water infrastructure programs. …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: New York City's Immigrant Population Playing Increased Role in Economy
… workforce is becoming more diverse, and the neighborhoods with the highest concentration of immigrants are experiencing … have a strong presence in a wide range of occupations and industries, such as technology and finance. Increased … has provided workers with the opportunity to obtain higher-skilled and better-paying jobs. While a smaller share …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-new-york-citys-immigrant-population-playing-increased-role-economyXVII.2 Overview – XVII. Lapsing Appropriations
… day. SUNY and CUNY State Operations and SUNY Aid to Localities appropriations lapse after close of business … day if March 31 falls on a non-business day. Guide to Financial Operations REV. 08/19/2016 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2-overviewDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… The drop was primarily due to the personal income tax (down $1.5 billion or 11.6 percent) and miscellaneous receipts (down $640.8 million or 10.9 percent), but was partially …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: Fewer School Districts Overriding Tax Cap
… 2012-13 (44 districts), 4.7 percent (32) in 2013-14 and 2.8 percent (19) in 2014-15. During this three year time frame, a total of 79 school districts exceeded the … have increased the tax levy by more than 2 percent last year and, of these, 62 could have increased the tax levy by 4 …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-fewer-school-districts-overriding-tax-capDiNapoli: New York City's Financial Outlook Improving
… New York City’s revised four-year financial plan shows substantially … lower projected pension and debt service costs, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “There have … New York Citys revised fouryear financial plan shows …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-york-citys-financial-outlook-improving