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DiNapoli Releases Analysis of SFY 2024-25 State Budget
… new funding and policy changes to spur the creation of much needed housing, but the state’s financial outlook … P. DiNapoli. “This year’s state budget was adopted in an improved economic environment, with state tax collections … attributable to projected reductions in investment income, gaming receipts, and other special revenue fund …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetDiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… of settlement money the state has largely committed for various uses. “Personal income tax collections continue … At the same time, the use of some settlement resources for ongoing spending and to boost the state’s bottom line may … New York’s true fiscal position, and leaving uncertainty for the commitments already made. Going forward careful …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… higher than forecast by the Division of the Budget (DOB) in the most recent financial plan, according to the March … P. DiNapoli. Tax receipts also exceeded the projection in the Consensus Economic and Revenue Forecast Report, which estimated $1.35 billion in additional receipts above DOB estimates through the end of …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24DiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… New York’s municipalities collected nearly $17 billion in sales tax revenue in 2019, representing 9.7 percent of all local government revenue, according to a comprehensive report on local sales tax released today … New Yorks municipalities collected nearly $17 billion in sales tax revenue in 2019 representing 97 percent of all …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsMedicaid Program – Cost Saving Opportunities on Payments of Medicare Part C Claims
… methodology for Medicare Part C cost-sharing claims in accordance with federal requirements. The audit covered … Many of the State’s Medicaid recipients are enrolled in both Medicaid and Medicare. Medicare is the primary payer … amounts established by the state and approved by CMS. In 2016, the New York State Legislature approved a plan for …
https://www.osc.ny.gov/state-agencies/audits/2021/09/21/medicaid-program-cost-saving-opportunities-payments-medicare-part-c-claimsMedicaid Program – Oversight of Localities' Efforts to Coordinate Veterans' Health Care Benefits Under Medicaid and the U.S. Department of Veterans Affairs
… effectively oversaw localities' efforts to coordinate veterans' health care benefits provided through Medicaid and the U.S. Department of Veterans Affairs (VA). The audit covers the period April 1, … Background Many of New York's Medicaid recipients are veterans. During the five-year period ending March 31, 2013, …
https://www.osc.ny.gov/state-agencies/audits/2014/03/19/medicaid-program-oversight-localities-efforts-coordinate-veterans-health-care-benefitsDiNapoli: Cyberattack Complaints in New York Rise 53%
… totaled $10.3 billion. “Cyberattacks are a serious threat to New York’s critical infrastructure, economy and our … Government Facilities (7) tied for third. Combatting the Threat Securing critical infrastructure from cyberattacks … Encompassing local governments in this database would be important. DiNapoli’s cybersecurity audits of state …
https://www.osc.ny.gov/press/releases/2023/10/cyberattack-complaints-in-new-york-rise-53-percentDiNapoli: State Tax Receipts Higher Than Updated Projections Through the First Half of the Year
… global unrest, labor strikes, and a potential federal government shutdown could slow the economy, adding to existing budget …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-state-tax-receipts-higher-updated-projections-through-first-half-yearNew York State Comptroller Thomas P. DiNapoli Statement on Executive Budget Proposal
… proposed a roadmap for reform to impose meaningful limits on debt and ban backdoor borrowing. This proposal can serve … Budget in the coming weeks.” Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open …
https://www.osc.ny.gov/press/releases/2023/02/new-york-state-comptroller-thomas-p-dinapoli-statement-executive-budget-proposalFederal Spending by Major Funding Streams and Functions – Federal Funding and New York
… and training, and emergency response and recovery. The greatest share of federal receipts – an estimated 87 … children. Additional large grants include Pell Grant Awards for students in higher education, Title I grants for … Health Insurance Program $972,787 $1,393,963 $1,467,882 National Highway Performance Program $898,120 $1,163,417 …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-spending-major-funding-streams-and-functionsDiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… New York City projects a surplus of nearly $4.2 billion in FY 2017, the largest since FY 2008, … policies present the greatest and most imminent risk to New York City’s financial outlook. The city faces the … New York City projects a surplus of nearly $42 billion in FY …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… City's economy is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the lowest level in 42 years, but financial risks for the city persist, … York Citys economy is on pace to add more than 72000 jobs in 2018 and the unemployment rate has fallen to 42 percent …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownPhotos: State Comptroller DiNapoli Visits Wyoming County Farm
… New York's agriculture industry. The family-owned farm is located on 750 acres in Silver Springs and produces milk, as well as corn, alfalfa, wheat and oats. "Farms such … to federal policy are creating financial uncertainty for our farmers." Also today, DiNapoli released a report …
https://www.osc.ny.gov/press/releases/2018/09/photos-state-comptroller-dinapoli-visits-wyoming-county-farmDiNapoli Report Finds Big Five School Districts' Use of Pandemic Aid Reflects Different Priorities
… report on their progress to allow policy makers and the public to assess the effectiveness of the funding decisions … The federal government has provided nearly $190 billion to schools since the beginning of the pandemic. The funding was … City’s Agencies: New York City Department of Education NYC Department of Education Response to the COVID-19 Pandemic …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-report-finds-big-five-school-districts-use-pandemic-aid-reflects-different-prioritiesDiNapoli: New York's Drinking Water Infrastructure Needs Fixing
… New York's water systems may require nearly $40 billion in repairs and … by State Comptroller Thomas P. DiNapoli. "Many drinking water systems in New York are over 100 years old and … life," DiNapoli said. "Too many places are dealing with water main breaks, leaks, contaminated drinking water and …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-new-yorks-drinking-water-infrastructure-needs-fixingState Comptroller DiNapoli Releases School Audits
… . State Comptroller DiNapoli has made it a priority to audit school district, BOCES and charter school finances … necessary training to carry out the policy. A review of 50 claims showed that 31 totaling $220,750 did not contain … access to state and local government spending and nearly 50,000 state contracts, visit OpenBookNY . The easy-to-use …
https://www.osc.ny.gov/press/releases/2016/11/state-comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases School Audits
… Free School District , Newark Central School District and the Port Jervis City School District . State Comptroller … has made it a priority to audit school district, BOCES and charter school finances and operations to ensure money is being spent appropriately …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-1DiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… than forecast by the state Division of the Budget (DOB) in the Amended Executive Budget Financial Plan in February (latest projections), and $6.8 billion higher than forecast in May 2020 (initial … than forecast by the state Division of the Budget DOB in the Amended Executive Budget Financial Plan in February …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projectionsState Comptroller Thomas P. DiNapoli Statement on State Budget for State Fiscal Year 2023-24
… state budget makes important investments in education and health care, including mental health care, and provides significant, recurring funding to … state budget makes important investments in education and health care including mental health care and provides …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-thomas-p-dinapoli-statement-state-budget-state-fiscal-year-2023-24DiNapoli: Gaming Revenue Plays Increasing Role In State Budget
… which includes lottery revenues, is smaller now than in the year the New York State Lottery was created. In State … were the highest in the nation – more than California and Florida combined in SFY 2012-13. The state’s reliance on … amount spent at video lottery terminals (VLT), racetracks and off-track betting centers (OTB), as well as what was …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-gaming-revenue-plays-increasing-role-state-budget