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DiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… decade have been lost due to the economic impacts of the coronavirus. The city now forecasts its economy will shrink … “New York City has been the epicenter of the novel coronavirus pandemic in the United States. The economic, … decade have been lost due to the economic impacts of the coronavirus …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionImplications for the Future – 2021 Financial Condition Report
… and Uncertainty Remains While the recession brought on by the COVID-19 pandemic was short-lived, employment has … of new variants, vaccination rates, and their impact on consumer and employer behavior all provide a high level of … with regard to the pace of the recovery and its impact on tax revenues and spending on programs. The Key Role of …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… A record number of New Yorkers relied on Medicaid for health care in 2021, with monthly enrollment exceeding 7 million for the first time, according to a new report by New York … in 2021, state budget projections rely on expectations for significant enrollment declines that may not materialize. …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021State Agencies Bulletin No. 1958
… with NYSPO access can opt out of receiving a paper Form W-2 statement for the 2021 tax year. Affected Employees … in NYSPO who have chosen to opt out of receiving a paper Form W-2 statement are affected. Background In accordance … W-2 statement consent is available in NYSPO. An updated news announcement on NYSPO that Form W-2 statement consent is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1958-new-york-state-payroll-online-nyspo-electronic-delivery-2021-form-w-2DiNapoli: Wall St. First Half Profits Jumped
… economic growth. My office will continue to keep a close eye on the securities industry as the year progresses, …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedState Agencies Bulletin No. 1772
… with NYSPO access can opt out of receiving a paper Form W-2 statement. Affected Employees Employees … Online (NYSPO) who choose to opt out of receiving a paper Form W-2 statement are affected. Background In accordance … Forms W-2 and W-3, employers may electronically furnish Form W-2, Wage and Tax Statements to employees, if the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1772-new-york-state-payroll-online-nyspo-electronic-delivery-2019-form-w-2State Contract and Payment Actions in February
… Facility in Westchester County. $5 million with Ran Fire Protection Engineering PC for statewide fire alarm … roof repairs and masonry repointing at the State Capital Building in Albany County. $2 million with Jensen Hughes … Inc. for the replacement of the computer warehouse building roof at SUNY Upstate Medical University. $2.1 …
https://www.osc.ny.gov/press/releases/2024/04/state-contract-and-payment-actions-februaryDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… trends increase the authority’s recurring costs and weaken tax revenues. Other pressures on the MTA’s budget as federal … was pre-pandemic. The MTA anticipates the Long Island Rail Road will reach 76 million riders in 2026, still 16% below … The MTA estimates a recession could reduce its annual tax revenues by $500 million to $1 billion and DiNapoli has …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… Total revenue for New York City’s budget is expected to drop by 9.4% to … risks means the city should continue to identify areas for savings, track how its services are delivered amid … in FY 2023. City funds are projected to account for 73% of total revenues, or $73.3 billion, in FY 2023. The city also …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeState Agencies Bulletin No. 2317
… a treaty between their country and the U.S. with wages in tax year 2024 are affected. Background: According to the IRS instructions for Form 1042-S, amounts subject to … on the Form 1042-S Statement is described below: Box 1 : Income Code The two-digit code populated in this box …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2317-form-1042-s-foreign-persons-u-s-source-income-subject-withholdingMaternal Health
… Objectives To determine whether the Department of Health (DOH) has implemented recommendations with the goal of reducing maternal mortality and morbidity in New York … monitoring related actions and outcomes to ensure rates of maternal mortality and morbidity are improving. The audit …
https://www.osc.ny.gov/state-agencies/audits/2024/07/30/maternal-healthState Agencies Bulletin No. 2306
… on the SEFA Pledge and Payroll Deduction Authorization card, must be used as the Deduction Code. Authorization cards … must be returned to the employee for completion of a new card. Please visit www.sefanys.org to obtain a copy of the authorization card. SEFA Continuous Giving is a donation without an end …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2306-2025-state-employees-federated-appeal-sefa-campaignComptroller's Oversight of State Contracts
… Procurements Provide the Highest Value to New Yorkers For more than a century, the Comptroller’s Office has … resulting in hundreds of millions of dollars in savings for taxpayers each year. As government contracting expands in … For more than a century the Comptrollers Office has conducted …
https://www.osc.ny.gov/state-agencies/contracts/oversightState Comptroller DiNapoli Releases Analysis of Enacted State Budget
… congestion tolling program in Manhattan’s Central Business District, no earlier than December 31, 2020, sufficient to … Budget: State aid for public schools for the 2019-20 school year is $27.9 billion, an increase of $1 billion, or …
https://www.osc.ny.gov/press/releases/2019/04/state-comptroller-dinapoli-releases-analysis-enacted-state-budgetState Comptroller DiNapoli Releases Audits
… Thomas P. DiNapoli announced today the following audits and examinations have been issued. Department of Corrections and Community Supervision (DOCCS): Oversight of Sex Offenders Subject to Strict and Intensive Supervision and Treatment (Follow-Up) … Thomas P DiNapoli announced today the following audits and examinations have been issued …
https://www.osc.ny.gov/press/releases/2019/01/state-comptroller-dinapoli-releases-auditsState Contract and Payment Actions in April
… In April, the Office of the State Comptroller approved 1,361 … and development of recreational trails on State land in the forest preserve. Office of General Services $9.7 … to provide lead remediation at Lexington Avenue Armory in New York City. $2.6 million with Otis Elevator Company to …
https://www.osc.ny.gov/press/releases/2019/05/state-contract-and-payment-actions-aprilState Contract and Payment Actions in June
… . Major Contracts Approved State Education Department $3.3 million with New York State Industries for … Station Development Corporation for the Moynihan Train Hall Project. $4.7 million to Tappan Zee Constructors, LLC for the New NY Bridge Project. $1.8 million to Niagara Gateway, LLC to …
https://www.osc.ny.gov/press/releases/2019/07/state-contract-and-payment-actions-juneUnified Court System Bulletin No. UCS-262
… provides for retroactive increases to the Senior Officer Series Differential for all eligible members. Effective … employees who are now deceased should be returned with a completed Next of Kin Affidavit ( Form AC 934-P ), original … there are more than 13 earnings codes. Questions Questions about payment processing may be directed to the Payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-262-retroactive-adjustment-senior-officer-series-differential-sosUnified Court System Bulletin No. UCS-211
… the October 2014 Salary Increase (Bargaining Unit SD). Affected Employees Employees in Bargaining Unit SD who meet the eligibility criteria Background The 2011-2016 … represented non-judicial employees in Bargaining Unit SD and includes the October 1, 2014 Salary Schedule. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-211-october-2014-salary-increase-bargaining-unit-sdCUNY Bulletin No. CU-574
… Purpose To inform agencies of raise eligibility and to provide agencies with the … S6 IATSE T3 NYSNA TE Background Pursuant to the Memorandum of Agreement between the City University of New York and DC37, SEIU Local 300, IATSE Local 306, IBT … This bulletin informs agencies of raise eligibility and provides agencies with the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-574-2011-2017-blue-and-white-collar-retroactive-general-salary