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Elementary and Secondary Education – 2023 Financial Condition Report
… Act, and $243 million from the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Federal pandemic … $45.6 billion; State, $28.9 billion, including the School Tax Relief Program (STAR) of $2 billion; and Federal, $2.7 billion. In school budgets proposed for SY 2023-24, property tax levy increases averaged 2.1 percent, compared to …
https://www.osc.ny.gov/reports/finance/2023-fcr/elementary-and-secondary-educationDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… other sectors have boosted personal income and business tax revenues to soften the blow,” DiNapoli said. “However, the city has seen a steep decline in property values and that may take years to recover from. … $1 billion in labor savings. Significant federal relief played an important role in shoring up short-term …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli Releases Report on Municipalities Close to Exceeding Tax Limits
… New York that are close to reaching their Constitutional Tax Limit (CTL) has more than doubled since 2012, according … Thomas P. DiNapoli. The CTL is the maximum amount of real property tax a local government can raise in a single year. … aid in recent years that gave Jamestown budgetary relief, and the city did not exceed its CTL. The villages of …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsCounty Medicaid Costs
… State legislative approval to increase their sales tax rates to 4 percent or more, and some dangerously close to exhausting their property tax margins, counties are being challenged to … for Medicaid. Although the takeover provides some welcome relief, the savings are insufficient to offset anticipated …
https://www.osc.ny.gov/local-government/publications/county-medicaid-costsDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… the reallocation of unused federal pandemic relief funds and savings initiatives, according to a report released … has recommended a more systematic approach for depositing funds into reserves, which would enhance the city’s fiscal … the reallocation of unused federal pandemic relief funds and savings initiatives according to a report released …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadState Comptroller DiNapoli Releases Municipal Audits
… Thomas P. DiNapoli today announced his office completed audits of the Town of Berkshire , Bethlehem Public Library , Town of Cherry Valley , City of Cohoes , Town of …
https://www.osc.ny.gov/press/releases/2014/11/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… State tax receipts totaled $79.8 billion through the third quarter … associated with the Pass-Through Entity Tax (PTET) and property tax relief. Year-to-date consumption and use tax collections …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionOpen Book New York
… Search Millions of State and Local Government Financial Records As the State's … Chief Financial Officer, Comptroller DiNapoli believes New Yorkers deserve to know how their tax dollars are spent. … spending priorities using the Comptroller's Open Book New York. Also see Additional Financial Information . State …
https://www.osc.ny.gov/open-book-new-yorkDiNapoli: New York on Stronger Financial Footing
… definition on how that goal will be reached.” Based on the Division of the Budget’s (DOB) spending and receipt estimates … this year were included in the budget, with residential property tax relief representing more than half that total. … estate tax to $5.25 million; and providing a 20 percent property tax credit for manufacturing companies. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-new-york-stronger-financial-footingOpinion 99-3
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … FIRE INSURANCE -- Taxes (Exempt Volunteer Firemen's Benevolent Association (use of tax moneys to make nominal contribution …
https://www.osc.ny.gov/legal-opinions/opinion-99-3Review of the Enacted Budget: State Fiscal Year 2021-22
… programs. Eligible costs are for operating expenses like payroll and rent. $25 million for a New York Restaurant …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22COVID-19 Relief Program Tracker
… Budget is available for certain health and public safety payroll costs and other costs related to the pandemic, thus …
https://www.osc.ny.gov/reports/covid-relief-program-trackerDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… enough to keep up with demand. Despite efforts, permits for new residential buildings, which include new market rate …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesOpinion 93-9
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … FOREIGN FIRE INSURANCE TAXES -- Exempt Volunteer Firemen's Benevolent Association (disposition of interest on investment of tax …
https://www.osc.ny.gov/legal-opinions/opinion-93-9DiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… revenues, which included state and federal aid, the School Tax Relief program (STAR), and local property tax revenue. Property taxes made up more than half …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityProperty Tax Freeze Credit
… objective of our examination was to determine whether the Property Tax Freeze Credit (PTF Credit) payments approved by the …
https://www.osc.ny.gov/state-agencies/audits/2016/11/08/property-tax-freeze-creditProperty Tax Freeze Credit
… objective of our examination was to determine whether the Property Tax Freeze Credit (PTF Credit) payments approved by the …
https://www.osc.ny.gov/state-agencies/audits/2015/07/22/property-tax-freeze-creditDiNapoli Announces State Contract and Payment Actions for April 2014
… Town of Tyre. Office of General Services Sale of Surplus Property Approved a $5 million contract with April Holdings … grant to Círculo De La Hispanidad. Major Payments Approved Tax Refunds Approved more than 3.2 million personal income … other refunds valued at nearly $102.5 million. Disaster Relief Paid $10.2 million to Adjusters International Inc. for …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-announces-state-contract-and-payment-actions-april-2014DiNapoli Issues Analysis of 2021-22 Enacted State Budget
… resources include federal support, better-than-expected tax collections, revenues from tax increases, and other new resources, resulting in the … P. DiNapoli. “The American Rescue Plan provided fiscal relief to the state and local governments, school districts …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-issues-analysis-2021-22-enacted-state-budgetState Comptroller Thomas P. DiNapoli Statement on New York State Budget for SFY 2022-23
… the pandemic. "I am pleased to see the budget will provide tax relief and support to help middle-class New Yorkers and small …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23