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DiNapoli: NYC Retail Sector Battered by Pandemic
… The retail sector, one of New York City’s biggest employers, is having an uneven recovery from the COVID-19 pandemic, with “non-essential” retailers … employment had dropped to 245,000 positions. In Manhattan, foot traffic in key corridors initially fell by more than 90 …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-retail-sector-battered-pandemicDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… Wall Street’s pandemic boom came to an end in 2022, with pretax, first half profits of $13.5 billion, down 56.3% from the $31 billion earned in the same period last year, according to State Comptroller … level since 2003, fueled by weaker initial and secondary public offerings. The Federal Reserve’s (Fed) multiple rate …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsDiNapoli Releases Report on Casinos' Impact on Upstate Local Tax Revenues
… benefits relative to their overall revenue, a report from State Comptroller Thomas P. DiNapoli highlights. “Casinos are … casinos. They are not a sure bet.” DiNapoli’s 2020 report on gaming revenues showed that all four current casinos — del … well short of the projected gross revenues on which local taxes are levied. Three years later, these revenues and tax …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-releases-report-casinos-impact-upstate-local-tax-revenuesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… burden is now on the MTA to improve the region’s transit system and win riders back, while keeping its budget … reductions to service, or disinvestment in the system. Capital and Debt It is currently uncertain how large the MTA’s 2025-2029 capital program will be or how it will be funded. The MTA is …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: New York Drug Overdose Deaths Surged During Pandemic
… It is a tragedy that devastates families and impacts our communities in countless ways,” DiNapoli said. “The data … must ensure an ongoing commitment of public resources and strategies, including new funding from legal settlements, and … deaths.” “Overdoses continue to wreck families and communities across New York, and the recent post-COVID …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-york-drug-overdose-deaths-surged-during-pandemicEconomic and Policy Insights: Food Insecurity Persists Post-Pandemic
Food insecurity is increasing in New York, with one-in-nine household unable to get enough food at some point during 2020 through 2022 because they lacked money or other resources.
https://www.osc.ny.gov/files/reports/pdf/food-insecurity-persists-post-pandemic.pdfUser Access Controls Over Selected System Applications (2019-S-34) 180-Day Response
To determine whether access controls over select State University of New York Upstate Medical University (Upstate) system applications are effective to prevent unnecessary or inappropriate access to those applications.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-19s34-response.pdfUser Access Controls Over Selected System Applications (Follow-Up) (2021-F-8)
To determine whether access controls over select State University of New York Upstate Medical University (Upstate) system applications are effective to prevent unnecessary or inappropriate access to those applications.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-21f8.pdfDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… revenue collections, the reallocation of unused federal pandemic relief funds and savings … build up reserves and monitor its delivery of services amid staffing challenges. Significant risks remain in the city’s financial plan, although its recent agreement with its …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadDiNapoli: Stony Brook University Hospital Failed to Comply With Contracting and Hiring Rules
… and regional medical center on Long Island. As part of Stony Brook University, it is governed by certain federal, state, and State University of New York (SUNY) policies and regulations related to … In one instance, an employee hired at an annual salary of $43,000 was promoted twice in a year with a 70 percent …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-stony-brook-university-hospital-failed-comply-contracting-and-hiring-rulesDiNapoli: New Law Makes It Easier for the Comptroller To Return Your Lost Money
… the Office of the State Comptroller to expedite certain unclaimed funds payments of $250 or less. Proposed by DiNapoli’s office, the measure amends the Abandoned Property Law to authorize the State Comptroller to administer … Luis Sepúlveda and Assemblymember John T. McDonald III. “My office holds over $19 billion in unclaimed funds, and we …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-new-law-makes-it-easier-comptroller-return-your-lost-moneyTracking the Return: The Tourism Industry in New York City
Domestic visitors reached 50.6 million in 2023, up 7 percent from 2022 but still down 4.7 percent from 2019. Domestic visitors that travel for leisure have driven the overall return of visitors to New York City.
https://www.osc.ny.gov/files/reports/pdf/report-04-2025.pdfThe Role of Immigrants in the New York City Economy - January 2010
New York City has always been a gateway to opportunity for people from around the world.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2010.pdfSecurities Industry Bonus Pool - 2016
Chart showing the Comptroller's estimates of Wall Street's bonus pool and average bonuses from 1987-2016.
https://www.osc.ny.gov/files/press/pdf/wall-street-bonuses-2016.pdfSecurities Industry Bonus Pool - 2017
Chart showing the Comptroller's estimates of Wall Street's bonus pool and average bonuses from 1988-2017.
https://www.osc.ny.gov/files/press/pdf/wall-street-bonuses-2017.pdfSecurities Industry Bonus Pool and Average Bonus - 2018
Chart showing the Comptroller's estimates of Wall Street's bonus pool and average bonuses from 1989-2018
https://www.osc.ny.gov/files/press/pdf/wall-street-bonuses-2018.pdfDiNapoli: State Needs to Better Protect Water Supply Infrastructure Against Natural Disasters, Cyberattacks and Terrorism
… New York’s Health Department (DOH) and Division of Homeland … can do more to protect the state’s water systems from attacks and the threats posed by natural disasters like … water systems supplying drinking water but, as we’ve seen in other states, this critical infrastructure is increasingly …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-state-needs-better-protect-water-supply-infrastructure-against-natural-disastersDiNapoli: Local Sales Tax Collections Up $739 Million in 2013
… tax collections of $14.9 billion grew by $739 million in 2013, an increase of 5.2 percent from 2012, according to a … The increase outpaced annual growth rates of 3.3 percent in 2012 and 5 percent in 2011, as well as the 15-year annual average growth of 4.5 …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-local-sales-tax-collections-739-million-2013DiNapoli: Former Oneida City Chamberlain Arrested for Stealing More Than $78,000 in City Funds
… Fraud Hotline at 1-888-672-4555, by filing a complaint online at https://www.osc.state.ny.us/investigations , or by …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-former-oneida-city-chamberlain-arrested-stealing-more-78000-city-fundsDiNapoli: NYC Contract Spending Rises $7 Billion Since FY 2019
… FY 2023, contract expenditures at the Department of Health and Mental Hygiene increased at an annual rate of 6.9%, with the largest drivers being mental health and disease control programs, which comprised nearly …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-nyc-contract-spending-rises-7-billion-fy-2019