State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
City & State published an op-ed from New York State Comptroller Thomas P. DiNapoli on Saturday (10/12) on the the importance of the NY ABLE program and efforts by his office to increase access to the program. The full op-ed is below:
The COVID-19 pandemic had a profound and disparate impact on subway ridership in New York City. Initially, the emergence of the virus in March and April 2020 corresponded with a steep and uniform drop in subway usage across all five boroughs. Citywide, April 2020 ridership was just 8.3 percent of what it was in April 2019. Ridership only surpassed 70 percent of pre-pandemic levels in September 2024.
The Office of the State Comptroller offers competitive salaries and benefits, and opportunities for advancement, continuing education and professional development. We provide a professional environment where employees are encouraged to push themselves while maintaining work-life balance.
79% Higher Than Same Period Last Year
Wall Street’s $23.2 billion in pretax profits for the first half of 2024 were a dramatic 79.3% increase over the same period last year and buoyed by securities trading, underwriting, and account supervision. The City's securities industry has the greatest number of jobs in the nation despite a decline this year. The industry also continues to contribute tax revenues at or above pre-pandemic levels, and its contribution should exceed tax forecasts if stronger-than-expected profits hold up.
Wall Street’s $23.2 billion in pretax profits for the first half of 2024 were a dramatic 79.3% increase over the same period last year and buoyed by securities trading, underwriting, and selling. Annual profits are currently on track to close out the year much stronger than 2023, according to New York State Comptroller Thomas P. DiNapoli’s annual report examining the performance of New York City’s securities industry.
In SFY 2021-22 (April 1, 2021 through March 31, 2022), OSC completed 10 audits of preschool special education providers' expenses submitted to SED. These audits cumulatively identified $3.8 million in recommended disallowances, or more than 4 percent of the total claimed expenses of $92.8 million for the audit period.
In SFY 2022-23 (April 1, 2022 through March 31, 2023), OSC completed 10 audits of preschool special education providers' expenses submitted to SED. These audits cumulatively identified $7.7 million in recommended disallowances, or more than 13 percent of the total claimed expenses of $57.7 million for the audit period.