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2021 Local Sales Taxes Grew by Over 19 Percent; Exceeded Pre-Pandemic Levels
The report examines the many factors that drove sales tax growth in 2021, including inflation, along with the difference in sales tax recovery between New York City and the rest of the State.
https://www.osc.ny.gov/files/local-government/publications/pdf/2021-local-sales-taxes-grew-by-over-19-percent-exceeded-pre-pandemic-levels.pdfCayuga County – Court and Trust Funds (2024-C&T-5)
The purpose of our review was to determine whether County officials have established appropriate controls to safeguard and account for court and trust funds for the period January 1, 2021 through June 30, 2024.
https://www.osc.ny.gov/files/local-government/audits/2024/pdf/cayuga-county-2024-CT-5.pdfCost-Saving Ideas: Capital and Repair Reserve Funds for Town or County Water and Sewer Districts
… improvements or equipment acquisitions. There are two forms of capital reserve funds: Specific capital improvement …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-capital-and-repair-reserve-funds-town-or-county-water-and-sewer-districtsDiNapoli: New York City's Finances on Solid Footing
… State Comptroller Thomas P. DiNapoli at the annual meeting of the Financial Control Board. “New York City is on solid … reserves,” DiNapoli said. “The city, however, still has work to do. It must conclude negotiations with the remaining … Comptroller believes that tax revenues are likely to be higher than forecast by the city, particularly in the current …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-citys-finances-solid-footingState Comptroller DiNapoli Releases Municipal & School Audits
… and family members employed by the district. For the 2021 calendar year, auditors found the district could have … and supported; monitor the general fund budget during 2021-22; or develop long-term written financial or capital …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-0State Comptroller DiNapoli Releases Audits
… of Taxation and Finance — Collection of Petroleum Business Tax and Motor Fuel Excise Tax (Follow-Up) (2021-F-30) An audit issued in 2020 looked at … to allow it to appropriately collect Petroleum Business Tax and Motor Fuel Excise Tax, as they are required to do by …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases School District Audits
… have been issued. Bethlehem Central School District – In-School Internet Connectivity (Albany County) The … treasurer did not adequately review credit card charges in a timely manner. The treasurer reviewed credit card … paid. Auditors reviewed all 18 credit charges over $2,500 in our audit period totaling $70,337 and found no evidence …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits-1State Comptroller DiNapoli Releases Audits
… maintenance inspections were not being performed as required, increasing the risk of a shortened useful life or … not-for-profit special education provider serving students from Erie, Genesee and Niagara counties, is authorized by the … RESTORE program and were not using awarded funds within required time frames to ensure emergency repairs were …
https://www.osc.ny.gov/press/releases/2023/02/state-comptroller-dinapoli-releases-auditsManagement and Maintenance of Non-Revenue Service Vehicles
… owned during the period from January 2018 through April 2021. About the Program New York City Transit (Transit) and …
https://www.osc.ny.gov/state-agencies/audits/2023/01/26/management-and-maintenance-non-revenue-service-vehiclesState Comptroller DiNapoli Releases School Audits
… deficits when it had operating surpluses. As of June 30, 2021, the district maintained a surplus fund balance that … appropriations from fiscal years 2019-20 through 2021-22 by an average of $585,636, or 6%, and appropriated …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-school-auditsState Comptroller DiNapoli Releases School and Local Government Audits
… (Steuben County) The follow-up review was limited to interviews with town personnel and inspection of certain documents related to the issues identified in an initial audit. Based on those … capital and financial plans, which provide a framework to assess the town’s capital and financial needs and identify …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-dinapoli-releases-school-and-local-government-auditsDiNapoli: Public Authority Debt Ballooned to $329 Billion
… more than $329 billion in their most recently reported fiscal years, an increase of 23% ($61.5 billion) since 2017, … protection, housing and economic development. As of July 2022, there were 1,178 public authorities in New York, … All Funds expenditures of $209.3 billion in State Fiscal Year (SFY) 2021-22. While state and local public authorities …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billionDiNapoli Releases Dashboard Tracking Federal Covid Funding and State Relief Programs
… of federal recovery aid and COVID-19 relief programs in the state, including funds for excluded workers, childcare … recovery. “My office is committed to full transparency in government spending,” DiNapoli said. “New York has … funds are getting where they are supposed to go and being spent in smart and efficient ways to help New York’s …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-releases-dashboard-tracking-federal-covid-funding-and-state-relief-programsNYS Pension Fund Commits $2 Billion to Climate Transition Index
… assets of approximately $254.8 billion as of March 31, 2021. The Fund holds and invests the assets of the New York …
https://www.osc.ny.gov/press/releases/2021/12/nys-pension-fund-commits-2-billion-climate-transition-indexState Comptroller DiNapoli Releases School District Audits
… physical IT assets and non-student user account access to the district’s network. In addition to sensitive IT control weaknesses, auditors found that 235 … collections of $845,258 were missing key support. Records to support transactions totaling $134,449 were missing and 95 …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli: State Needs To Do More for Growing Mental Health Crisis in Schools
… Too many of New York school districts’ mental health teams are understaffed, with too few available … provide in-school mental health services to most students, schools are often considered the natural and best setting for …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-needs-do-more-growing-mental-health-crisis-schoolsState Comptroller DiNapoli Releases Municipal Audits
… The board also did not audit district claims prior to payment and conduct an annual audit of the treasurer’s … days late. The board did not audit all claims prior to payment and did not annually audit the treasurer’s records. …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: NYC Tourism Approaches Full Recovery, Still Top Major U.S. Tourist Destination
… recovery as visitor spending and related tax revenue have surpassed pre-pandemic levels, according to a new report from New York State Comptroller Thomas P. … visitors by 2025. “The number of tourists is nearly back to pre-pandemic numbers in New York City,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-tourism-approaches-full-recovery-still-top-major-us-tourist-destinationDiNapoli: 2023 Wall Street $34 Billion Bonus Pool Relatively Flat Over 2022
… 191,600 the prior year. DiNapoli estimates that 1 in 11 jobs in the city is either directly or indirectly associated … of the U.S. securities industry, its share of the sector’s jobs has been declining over time. Sector employment in 2023 …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-2023-wall-street-34-billion-bonus-pool-relatively-flat-over-2022DiNapoli Releases Profile of New York's Small Business Owners
… the nation in the share of businesses that are majority female and minority-owned; however, they continue to …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-profile-new-yorks-small-business-owners