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NYC Surplus Projected to Reach $550 Million in FY 2020
… personal and business income tax collections during the first four months of the year, according to a report released today by New York State Comptroller … will slow during the financial plan period, but they do not anticipate a recession. Although the likelihood of a …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… (RCM). We audited the costs that MIM reported on its CFR for the fiscal year ended June 30, 2015. About the Program MIM is an SED-approved, for-profit special education provider located in Newburgh. … are between three and four years of age. MIM is reimbursed for these services through rates set by SED. The …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualHomeless Outreach Services in the New York City Subway System
… subway transportation network in North America. Its 472 stations serve a daily average of 5.6 million travelers … the Bronx, Brooklyn, Manhattan, and Queens. Many of the stations are open 24 hours a day, 7 days a week, and as such … is responsible for conducting regular visits to MTA subway stations to locate, identify, and engage with homeless …
https://www.osc.ny.gov/state-agencies/audits/2020/01/16/homeless-outreach-services-new-york-city-subway-systemOversight of Resident Care-Related Medical Equipment in Nursing Homes (Follow-Up)
… of implementation of the three recommendations included in our initial audit report Oversight of Resident Care-Related Medical Equipment in Nursing Homes (Report 2016-S-80 ). About the Program The … of implementation of the three recommendations included in our initial audit report Oversight of Resident CareRelated …
https://www.osc.ny.gov/state-agencies/audits/2019/11/18/oversight-resident-care-related-medical-equipment-nursing-homes-followDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… pension fund to invest in the companies and funds that are best positioned for the low-carbon future,” DiNapoli said. … It has consistently been ranked as one of the best managed and best funded plans in the nation. Find out how your government …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsDiNapoli: Tax Revenues in February $758 Million Over Budget Projections
… Although year-to-date collections continue to lag prior year results, tax … through 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 Report released today by New York State Comptroller …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-tax-revenues-february-758-million-over-budget-projectionsDiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… convicted today in Warren County Court of two counts of Grand Larceny in the Second Degree, Scheme to Defraud in the … was convicted in Warren County Court of two counts of Grand Larceny in the Second Degree …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-ex-lake-george-watershed-coalition-director-convicted-grant-schemeDiNapoli Announces Guilty Plea in Town of Crawford Embezzlement Case
… of Pine Bush, pleaded guilty before Orange County Court Judge Craig Stephen Brown, to Grand Larceny in the Third …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-announces-guilty-plea-town-crawford-embezzlement-caseCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… through October 17, 2019. About the Program EO 88, issued on December 28, 2012, is the centerpiece of BuildSmart NY– … program for pursuing energy efficiency in certain New York State government buildings while advancing economic growth, … environmental protection, and energy security in the State. EO 88 is intended to accomplish broader State policy …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… median assumed rate of return among state public pension funds is 7.0% as of August 2021, according to the National …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… (15.4%). Sales tax receipts for New York City totaled $2.1 billion in the third quarter, an increase of nearly 28% … consumer goods and services during this third quarter grew by 5.3% over the same period last year, as measured by the Consumer Price Index. The improvement in New York City sales tax collections …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… Sales tax revenue for local governments in New York state … according to State Comptroller Thomas P. DiNapoli . Sales tax collections during this period grew by just over … of the state, much of which had begun to see increasing sales tax collections starting as soon as the third quarter …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… Property tax levy growth will be capped at 2% for 2022 for local governments that operate on a calendar-based fiscal … will be limited to 2% for a third time in four years for local governments with calendar fiscal years," DiNapoli said. "As the economy recovers from the pandemic, local governments have seen some revenues rebound and have …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022New York’s Economy and Finances in the COVID-19 Era
… Such first-time claims have been significantly lower since then, generally below 65,000 in recent weeks. Because …
https://www.osc.ny.gov/reports/covid-19-september-30-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest … of all New York households expect a loss of employment income within the next four weeks, according to new data from …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Economy and Finances in the COVID-19 Era
… 39,024 2,208 6.0% Onondaga 68,681 4,184 6.5% Ontario 8,547 226 2.7% Orange 38,438 415 1.1% Orleans 5,418 292 5.7% … Suffolk 11,507 415 3.7% Sullivan 1,132 134 13.4% Tioga 547 33 6.4% Tompkins 1,119 62 5.9% Ulster 1,580 (26) -1.6% …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… those considered by the Census Bureau to have a “high propensity” to develop into businesses with employees … compared to a drop of 2.7 percent nationwide. Nationwide, “high propensity” applications represent about 34 percent of … of FY 2021,” the announcement states. Local governments, school districts, nonprofit organizations and other …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… in February, reflecting net gains of nearly 2 million jobs since April 1996. The COVID-19 pandemic dealt a body … million represented the State’s largest monthly loss of jobs on record. New York City lost 944,000 jobs from February to April, and recovered 12.9 percent …
https://www.osc.ny.gov/reports/covid-19-august-19-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest … Economic Trends New York State Ranks Second Nationally in Jobs Lost While all states have lost employment since the …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… four times the 3.7 percent in February. But that rate is only one measure of the impact of lost jobs. 53% of New … will experience a loss in job income in the coming four weeks Source: U.S. Census Bureau, as of June 16 New York … month’s rent or mortgage payment or fear they may miss the next one 12% of New Yorkers did not have enough to eat at …
https://www.osc.ny.gov/reports/covid-19-july-9-2020