Reports

In 2017, OSC completed 23 audits of expenses submitted to SED by preschool special education providers. These audits have cumulatively identified over $12.5 million in recommended disallowances, or about 3 percent of the total claimed expenses of $454 million for the audit period. 

Across New York State, we hear calls for investment in essential public infrastructure.

Homelessness is a troubling, chronic problem nationally and in New York State. Veterans of U.S. military service have made up a disproportionate share of our nation’s homeless population.

This Report on Estimated Receipts and Disbursements for State Fiscal Year (SFY) 2017-18 through SFY 2019-20, issued pursuant to Section 23 of the State Finance Law, is intended to enhance analysis and discussion of the State’s economic condition and the State Budget.

Receipts from All Governmental Funds (All Funds) totaled $76.6 billion through the first half of the fiscal year, an increase of $1.5 billion or 2 percent over the same period in SFY 2016- 17.

It’s been said that the only certain things in life are death and taxes. But when leaders in Washington make sweeping promises about the benefits of “tax reform,” we can be certain of at least one other thing – the need to look very carefully at the numbers.

As the President and Congress push for changes on both the spending and revenue sides of the federal budget, the stakes for New York State are high.

Excel file with supporting data

The Comprehensive Annual Financial Report for the New York State and Local Retirement System (the System or NYSLRS) for the fiscal year ended March 31, 2017.

New York State’s short-term financial condition has improved in recent years, but concerns are on the horizon. As the United States enters its ninth year of economic expansion, New York faces increasing fiscal challenges. The State’s latest financial projections contain projected budget gaps in the next three fiscal years that average more than $5.9 billion annually before potential gap-closing actions.

How is the economy treating New Yorkers? Monthly governmental reports on employment tell us how many jobs have been added or lost, and which industrial sectors are expanding or shrinking.

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2017.

Data analytics involves collecting, organizing and analyzing large sets of data. It can be used for many purposes. At the Office of the State Comptroller (OSC), it holds potential for building on the agency’s record of detecting and preventing fraud, waste and abuse in State government contracting and spending.

As our nation enters its ninth year of economic expansion, New York State faces some signs of increasing fiscal challenges.

The President and leading members of Congress are pushing to enact major changes in our federal tax code. Before any such measures become law, we need to make sure that taxpayers and policy makers understand the implications for New Yorkers.

This report on the use of overtime by New York State agencies examines patterns over the past ten calendar years. The total cost of overtime in calendar year 2016 was more than $694 million, covering roughly 16.2 million overtime hours worked.

It’s easy to take clean, safe drinking water for granted. However, as incidents of contamination in our public water supplies in recent years have reminded us, strong regulatory oversight is essential to assure the quality and safety of our water.

State agencies reported that 2,603 (59 percent) of contracts were processed late, after their start or renewal dates, continuing a three-year decline in the percentage of late contracts from 77 percent late in 2014.

The New York State Minority- and Women-Owned Business Enterprise (MWBE) Asset Management and Financial Institution Strategy (Chapter 171, Laws of 2010) was enacted to codify and replicate best practices for providing MWBEs that are asset managers, investment banks and financial and professional service providers with the opportunity to offer services to fiduciary-controlled entities established by New York State law.

In the 2016-2017 fiscal year, State agencies paid interest totaling $1,536,275, representing an increase of $73,440 from the prior year.

This year’s Enacted Budget for New York State provides increased resources for education, clean water, affordable housing and other essential programs. The Budget also enacts important policy changes, including raising the age of criminal responsibility and taking other steps to improve the State’s justice system.