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.
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.
Audit finds the NYC Public Schools’ matching process overlooks some students in temporary housing or from low-income families.
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.
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.
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.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
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.
A Greene County couple today pleaded guilty to grand larceny for stealing over $35,000 in pension payments, New York State Comptroller Thomas P. DiNapoli, Greene County District Attorney Joseph Stanzione, and New York State Police Superintendent Steven G. James announced. As part of their plea agreement, they will pay full restitution.
Kelly Tuomey, 56, and her husband, Stephen B. Tuomey, 60, of Tannersville, appeared before Judge Charles M. Tailleur in Greene County Court. In April, the couple were arrested for cashing pension checks meant for Stephen’s deceased father.
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.