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DiNapoli: MTA Financial Outlook Improved
… unexpected windfall to invest in its capital program and increase services and maintenance,” DiNapoli said. “While the … billion from borrowing. Debt outstanding is expected to increase from $29 billion in 2010 to $41.4 billion in 2020, an increase of 43 percent over 10 years. Debt service would …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… force as the city assumes, the FY 2020 budget gap would increase by more than $700 million to $4 billion even after … deficits, which may reach $1 trillion by 2019, will likely increase pressure on Congress to cut entitlement and other … and the cash cost will reach $3 billion by FY 2022, an increase of 31 percent over five years. To its credit, the …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownMTA's Fiscal Challenge: Fill the Gap, But Not at Riders' Expense
… gap in its capital program. Additional borrowing could increase pressure on fares and tolls, and while the MTA … report cautions that every $1 billion borrowed would increase debt service by an amount comparable to a 1 percent increase in fares and tolls. The analysis notes that the …
https://www.osc.ny.gov/press/releases/2014/10/mtas-fiscal-challenge-fill-gap-not-riders-expenseDiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year
… tax collections totaled $8.1 billion through September, an increase of $272.5 million, or 3.5 percent, from the previous … collections through Sept. 30 totaled over $2.1 billion, an increase of $466.8 million, or 28.4 percent, from the previous year. This year-over-year increase is primarily due to large estate tax collections …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-yearState Ends 2015-16 Fiscal Year with Strong Cash Position Largely From Temporary Resources
… $153.3 billion in State Fiscal Year (SFY) 2015-16, an increase of 2.8 percent from a year earlier, and ended the … to more than $47 billion. This was due primarily from an increase in PIT collections in April 2015 of $1.4 billion, or … up $6.8 billion percent from the previous year. The increase reflected a 17.8 percent increase in capital …
https://www.osc.ny.gov/press/releases/2016/05/state-ends-2015-16-fiscal-year-strong-cash-position-largely-temporary-resourcesDebt – 2023 Financial Condition Report
… of State-Supported debt, as defined in State law, an increase of $2.7 billion or 5 percent since SFY 2018-19. … with Generally Accepted Accounting Principles (GAAP), an increase of $4.3 billion or 7.3 percent since SFY 2018-19. … from $55.9 to $86.5 billion over the next five years, an increase of $30.6 billion or nearly 55 percent. New York …
https://www.osc.ny.gov/reports/finance/2023-fcr/debtDiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… to help struggling households pay their rent faltered at the start, with New York being the last state in the … those suggested by State Comptroller Thomas P. DiNapoli at the onset of the program, were made that alleviated many … Assistance Program got off to a slow start in New York, at a time of great urgency,” DiNapoli said. “Two years later, …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-startMore State Investment and Policies Can Create New Opportunities in Hudson Valley Which Saw Unique Gains
… There were 2,280 farms in the Hudson Valley in 2022, a 2% increase from 2017 as both Ulster and Rockland Counties saw a … agritourism and recreation in 2022 saw the largest increase in farm income, a 78% jump since 2012. In 2022, New … York’s farms paid a total of $6.2 billion in expenses, an increase of $1.9 billion (42.8%) from 2017. In 2022, hired …
https://www.osc.ny.gov/press/releases/2024/11/more-state-investment-and-policies-can-create-new-opportunities-hudson-valley-which-saw-unique-gainsDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
… employees in June of 2024, the first year-over-year increase since the COVID-19 pandemic. Still, some city … “My office developed a comprehensive data tool to increase transparency and accountability, while advancing … from 22,611 in June 2019 to 32,873 in June 2024, a 45% increase. While the Department of Investigation saw case …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyRockland County – Budget Review (B6-13-6)
… Purpose of Audit The purpose of our budget review was to determine … in 2012 and only increased 0.1 percent in 2011. If the Town of Orangetown does not reimburse the County for tax certiorari …
https://www.osc.ny.gov/local-government/audits/county/2013/04/16/rockland-county-budget-review-b6-13-6DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter
… in the first calendar quarter (January-March) of 2024, an increase of 1.6%, or $87.3 million, compared to the same … of 2024, New York City saw a 3.2%, or $79.4 million, increase in collections, accounting for nearly all statewide … growth in the first quarter. Oswego had the strongest increase at 15.3%, followed by Glens Falls (8.4%) and …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-local-sales-tax-collections-16-first-quarterState Police Bulletin No. SP-195
… payments in the amount of 0.5% of the members basic annual salary for the period of 04/07/2016 to 04/05/2017 and 0.5% of the members basic annual salary for the period of 04/06/2017 to 04/04/2018 (Inclusive … Bargaining Units 07 and 17 0.5% of members basic annual salary for the period of 04/07/2016-04/05/2017 Payable …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-195-april-2016-and-april-2017-retroactive-lump-sum-payments-state-policeState Police Bulletin No. SP-196
… Retired, or Deceased will be automatically cancelled by OSC with the exception of the following: Code Narrative …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-196-april-2016-and-april-2017-retroactive-lump-sum-payments-state-policeNew York State Comptroller DiNapoli Statement on New York City's Adopted Budget
… federal aid, the adopted budget takes important steps to increase reserves, including a $500 million deposit into the … that are paid for with one-time federal funds, which will increase budget risks in the outyears of the city’s financial …
https://www.osc.ny.gov/press/releases/2021/06/new-york-state-comptroller-dinapoli-statement-new-york-citys-adopted-budgetDiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
… 2024: New York City’s collections totaled $783 million, an increase of 5.3%, or $39.5 million, compared to the same time … in the rest of the state totaled $884 million, an increase of 2.6%. More than 80% (46 of 57) of counties …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-local-sales-tax-collections-up-39-percent-in-may-compared-last-yearDiNapoli: City Property Tax Assessments Show Return to Pre-Pandemic Levels Ahead of Schedule
… component of which are office buildings , are expected to increase by 11.7% in FY 2023, reaching levels just short of … of 2.6% in property taxes in FY 2023. Given the tentative increase to taxable assessed values of more than 8%, city …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-city-property-tax-assessments-show-return-pre-pandemic-levels-ahead-scheduleDiNapoli: Local Sales Tax Collections Up 3.8% in August
… New York City’s collections totaled $793 million, an increase of 4.4%, or $33 million, compared to the same time … in the rest of the state totaled $945 million, an increase of 3.5%. Most (45 of 57) counties experienced …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-local-sales-tax-collections-3-point-8-percent-augustDiNapoli: Local Sales Tax Collections Up 2.3% in October
… Local sales tax collections in New York state increased by 2.3% in October compared to the same month … Thomas P. DiNapoli. Overall, local collections totaled $1.84 billion for the month, up $41 million year over year. … (for October-December) will be available in January 2025. Data Monthly Local Sales Tax Collections by County and …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-local-sales-tax-collections-23-octoberOrdinary Death Benefit – Regional State Park Police Plan
… or Within 12 months of the last date you were receiving salary, on an authorized medical leave of absence or … 2, 3, 5 and 6 This benefit is equal to three times your salary raised to the next highest multiple of $1,000, as …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitOrdinary Death Benefit – En-Con Police Officers Plan
… or Within 12 months of the last date you were receiving salary, on an authorized medical leave of absence or … 2, 3, 5 and 6 This benefit is equal to three times your salary raised to the next highest multiple of $1,000, as …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefit