Annual Report of the Office of Unclaimed Funds – SFY 2024-25
In State Fiscal Year 2024-25, the Office of Unclaimed Funds returned a record $633 million to rightful owners, a 25% increase over the previous year.
New York State
New York State Agency Use of Overtime and State Workforce Trends, 2015 – 2024
New York State agency overtime costs increased 10.2% in 2024 for a total of $1.3 billion, while the number of overtime hours increased by 7.8%, or 1.8 million hours higher than the previous year. This was the second year in a row the workforce increased to an average annual total of 151,309, but headcount is still below where it was in 2019 and markedly lower than 15 years ago when it was over 177,000.
DiNapoli: State Agency Overtime Costs Increased 10.2% in 2024, Up 1.8M Hours Over 2023
New York State agency overtime costs increased 10.2% in 2024 for a total of $1.3 billion, while the number of overtime hours increased by 7.8%, or 1.8 million hours higher than the previous year, according to the annual report issued today by State Comptroller Thomas P. DiNapoli examining state agencies’ overtime and workforce trends.
DiNapoli: State Tax Receipts Higher Than Projections in First Quarter
State tax receipts totaled $33.2 billion through the first quarter of State Fiscal Year (SFY) 2025-26, $580.5 million higher than the most recent Division of the Budget (DOB) estimates. State tax collections were also $3.3 billion higher than the first quarter of 2024, according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
DiNapoli: Tax Cap Remains at 2% for 2026
The 2026 property tax levy growth will be capped at 2% for local governments that operate on a calendar-based fiscal year, according to data released today by State Comptroller Thomas P. DiNapoli. This figure affects tax cap calculations for all counties, towns, and fire districts, as well as 44 cities and 13 villages.
DiNapoli and DA Carney: Owner of Medical Transport Company Sentenced to 3 to 9 Years in Prison for Stealing $700,000 from Medicaid Program
The owner of a Schenectady County medical transportation company today was sentenced to serve three to nine years in state prison and pay restitution of $766,600 for stealing more than $700,000 from New York state’s Medicaid program and over $60,000 from the state’s unemployment insurance program, State Comptroller Thomas P. DiNapoli, Schenectady County District Attorney Robert M. Carney, and Schenectady County Sheriff Dominic Dagostino announced today.
State Health Department Slow to Inspect Violations at Adult Care Facilities, Audit Finds
The state Department of Health (DOH) is not adequately overseeing adult care facilities, risking the health and safety of vulnerable residents, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The audit found DOH at times failed to conduct timely inspections and often lacked documentation to show critical problems were corrected.
DiNapoli Releases Bond Calendar for Third Quarter
New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the third quarter of 2025.
The planned sales of $10.8 billion include $7.21 billion of new money and $3.63 billion of refundings as follows:
Federal Actions Threaten to Exacerbate Rising Food Insecurity
Proposed federal changes to the Supplemental Nutritional Assistance Program (SNAP), the nation’s largest program helping households obtain food, would increase costs to state governments, limit eligibility and reduce the value of future benefits. As an essential safety net program, SNAP benefits have traditionally been funded by the federal government; the proposed changes could weaken the program and lead to increased food insecurity in New York and nationally.