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DiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… tracked the industry’s return to pre-pandemic levels of revenue after record profits in 2020 and 2021, according to … quickly. Further declines could weaken New York’s tax revenue from the securities industry and have repercussions … for inflation). Employees in tech and information services industries have the second highest average salary in …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022New Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… subway maintenance will be funded after state and City funds are exhausted. After the completion of Phase 1, … would be funded. The MTA is contributing 43 percent of the funds for the 2015-2019 capital program, a much larger share … capital program, but there is uncertainty regarding these funds. For example, the President has proposed eliminating …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesDiNapoli: The Rockaways is on the Rise
… new boardwalk, downtown revitalization, ferry ride to the city and record number of summer visitors are giant steps in … people who came to rebuild after Sandy are staying for the long haul. I thank Comptroller DiNapoli for his leadership … Rockaway were underrepresented and lacked a voice at City Hall, but today – our future is brighter than ever before. …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-rockaways-riseNew York State’s Aging Prison Population: Share of Older Adults Keeps Rising
… efficient operation of the corrections system in New York State is critically important to protecting public safety, … As shown in Figure 1, the State prison population declined by half from March 2008 to March 2021, while the number of … – representing increases from 2008 to 2017, offset in part by fairly sharp decreases from 2018 to 2021 – likely reflects …
https://www.osc.ny.gov/reports/new-york-states-aging-prison-population-share-older-adults-keeps-risingNew York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… of Economic Analysis show personal income in New York State has surpassed pre-pandemic levels by 12.8 percent. Personal income, which is comprised of wages, income earned by business owners or members of a partnership (“proprietors’ …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021Compliance With Freedom of Information Law Requirements
… place to fulfill CDTA’s responsibilities under the Freedom of Information Law (FOIL), and to determine if CDTA is in … shuttle systems, and paratransit services. Article 6 of the New York State Public Officers Law provides for public … Agencies are further required to promulgate rules and regulations pertaining to the availability of records and …
https://www.osc.ny.gov/state-agencies/audits/2020/10/16/compliance-freedom-information-law-requirementsDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… joint account, with Schwinzer withdrawing that amount in funds. During this same period, Schwinzer took out an … monies going in. Schwinzer withdrew all the deposited funds from the account until she was questioned by the bank …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localAdministration of the Contract With the Center for Urban Community Services
… services. The New York State Office of Mental Health funds about 75 percent of this contract. CUCS receives …
https://www.osc.ny.gov/state-agencies/audits/2016/02/16/administration-contract-center-urban-community-servicesHiring Public Retirees – When Employees Retire
… a waiver, you must prepare a detailed recruitment plan and show either that: There is an urgent need as the result of an …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/hiring-public-retireesDiNapoli and William Glasgall Op-Ed
… federal government sent an unprecedented amount of money to states and localities to blunt the impact of lockdowns and other COVID-19 … bankruptcy. As the city emerged from its crisis, in part due to the stewardship of a true civic leader, Richard …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-and-william-glasgall-op-edForms
… … A repository of all Office of the State Comptroller web and printable forms …
https://www.osc.ny.gov/help/formsWage Theft Investigations (Follow-Up)
… Purpose To determine the extent of the Department of Labor’s … Department has developed weekly reports which are provided to and reviewed by upper management. These reports provide …
https://www.osc.ny.gov/state-agencies/audits/2015/05/22/wage-theft-investigations-followPublic Safety – 2021 Financial Condition Report
… Number of Crimes and Crime Rates Rise for the First Time in Eight Years The number of crimes in seven categories … 63 county jail and correctional facilities; and 13 New York City correctional facilities. Between March 2012 and … years. In SFY 2019-20, statutory changes to eliminate cash bail for most misdemeanor and non-violent felony offenses …
https://www.osc.ny.gov/reports/finance/2021-fcr/public-safetyTown of Islip Industrial Development Agency – Controls Over Payments in Lieu of Taxes (PILOTs) (2014M-249)
Town of Islip Industrial Development Agency Controls Over Payments in Lieu of Taxes PILOTs 2014M249
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/10/31/town-islip-industrial-development-agency-controls-overExamination of Outstanding Premiums
… Background New York State businesses pay NYSIF premiums for workers compensation and disability insurance. If a … by the Department of Tax and Finance (DTF), is a way for State agencies to offset State payments to recover … however, it has taken steps to participate in the program. For example, NYSIF received DOB approval to participate in …
https://www.osc.ny.gov/state-agencies/audits/2016/08/19/examination-outstanding-premiumsVillage of Tannersville – Water Department Operations (2016M-417)
… 2016. Background The Village of Tannersville is located in the Town of Hunter in Greene County and has a population … grants and resources to provide adequate revenue to cover all necessary upgrades to bring the water infrastructure up to date. Develop written policies and procedures to ensure …
https://www.osc.ny.gov/local-government/audits/village/2017/05/05/village-tannersville-water-department-operations-2016m-417Central Valley School District - Separation Payments (2018M-153)
… for minor discrepancies, the payments were accurately paid in accordance with Board-approved contracts and agreements. … calculations was performed for all payments processed in the payroll system during the audit period, totaling …
https://www.osc.ny.gov/local-government/audits/school-district/2018/09/14/central-valley-school-district-separation-payments-2018m-153DiNapoli: New York State Gets 91 Cents for Every Dollar Sent to Washington
… For every dollar New York sends to Washington D.C., it receives about 91 cents back in federal spending – compared to a national average of nearly $1.22, according to a report released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-new-york-state-gets-91-cents-every-dollar-sent-washingtonOrdinary Disability – Article 14 Benefits
… Eligibility To qualify for the ordinary disability retirement benefit, you must: Be unable to perform your duties because of a … 2 percent of your FAS for each year of credited service, up to 25 years. It is reduced by 100 percent of any Workers’ …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityMember & Retiree E-News Archive — 2025
… Sign up to make sure you receive the latest Retirement System member … Working After Retirement: Earnings Limit June 2025 10 Things You Should Know Members Retirees Retirement Myths Part … Retirees Retirement Online: The Fast, Convenient Way to Do Business with NYSLRS April 2025 National Financial …
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2025