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NYC Budget Benefiting From Strong Tax Collections
… New York City’s latest financial plan projects a surplus of nearly … money will be used to balance the FY 2019 budget. "The city’s economy is strong and the out-year budget gaps appear manageable under current conditions. However, the city should increase its reserves during the financial plan …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… tax collections totaled $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same … year and personal income tax collections are falling short of what was expected," DiNapoli said. "Taxpayer anticipation of federal tax changes has contributed to the decline. …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: New York City's Immigrant Population Playing Increased Role in Economy
… accounted for $257 billion in economic activity in New York City in 2013, nearly one-third of the city’s total … contracts, visit Open Book New York . The easy-to-use website was created by DiNapoli to promote openness in …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-new-york-citys-immigrant-population-playing-increased-role-economyXVII.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-overviewDiNapoli 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: 14 School Districts Designated in Fiscal Stress
… school districts statewide were designated in some level of fiscal stress under New York State Comptroller Thomas P. … fiscal stress the prior year. This is the lowest incidence of fiscal stress recorded for schools since the system’s inception (2012-13 school year). “The number of districts designated in a fiscal stress category has …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… services because of school shutdowns and the shift to remote learning during the pandemic that likely … this year’s school reopening plans should be determining how to compensate for the learning losses students suffered … support the State Education Department’s efforts to better understand the pandemic’s impact on students with …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-servicesDiNapoli: Fewer Counties Exceeding Tax Cap
… The number of counties overriding New York’s property tax cap has declined by more than half over the past … to only six in 2015, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report also noted …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli 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-reportDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… and three cities in New York that were in some level of fiscal stress in 2020, based on scores that largely … stress before the pandemic hit,” DiNapoli said. “Some of that pressure could be alleviated with federal stimulus funds and the restoration of state aid, but the full extent of the pandemic’s impact on …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: State Tax Collections Continue to Exceed Projections
… Financial Plan Report, State Fiscal Year 2021-22 Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsOpinion 91-58
… conduct an advisory referendum on the question whether to grant site plan approval and whether a proposed facility is consistent with the local waterfront revitalization program. You ask whether a city may conduct 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-91-58Audit Finds Construction Delays in Public Housing Program Across New York State
… disagreed with the audit’s findings. Their full response is included in the final audit. Read the report Public …
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 City’s fiscal year (FY) 2024 budget … year-end surplus of $3.9 billion that will be used to prepay expenses for the next fiscal year, helping the city … in recent months. The city’s revenue projections are also not as conservative as they have been in the past, leaving …
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
… far exceeds this amount, and tens of billions of dollars in local projects remain in the pipeline, according to a report by State Comptroller … Facilities Corporation serves a critical role in financing improvements to New York’s water …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: Fewer School Districts Overriding Tax Cap
… The number of school districts overriding New York’s property tax cap … The report also found low- and average-need districts were twice as likely to override the tax cap compared to … levies increased each year at a rate slightly less than what was allowed by the tax cap. In 2012-13, school districts …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-fewer-school-districts-overriding-tax-capDiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… the report, click here: www.osc.state.ny.us/osdc/rpt5-2016.pdf A video on DiNapoli's 2015 Wall Street report is …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startDiNapoli: New York City's Financial Outlook Improving
… New York City’s revised four-year financial plan shows … service costs, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “There have … 2014 because of higher collective bargaining costs and new programmatic initiatives. Since then, the city has …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-york-citys-financial-outlook-improvingDiNapoli: New York City's Budget Benefits From Strong Economic Growth
… according to an analysis released today by New York State Comptroller Thomas P. DiNapoli at the annual meeting of … small, ranging from 2.5 percent to 4.5 percent of city fund revenue. Moreover, the budgets for these years include a … of the City of New York , or go to: http://www.osc.state.ny.us/osdc/rpt3-2016.pdf … New York Citys budget is balanced …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growthXII.5.N Processing Vouchers using the MSC01 Business Unit – XII. Expenditures
… must process a payment that uses the MSC01 Business Unit coding, the agency must use its own Business Unit code on the … must process a payment that uses the MSC01 Business Unit coding the agency must use its own Business Unit code on the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5n-processing-vouchers-using-msc01-business-unit