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DiNapoli: Majority of Cities and Villages Statewide Below Fiscal Stress Threshold
… score which ultimately drives final classifications. For the fiscal year ending 2018, the cities of Amsterdam … score. In January, DiNapoli released fiscal stress scores for school districts. In September, his office will release scores for municipalities with a calendar-year fiscal year, which …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-majority-cities-and-villages-statewide-below-fiscal-stress-thresholdDiNapoli: NYC Projects Surplus in the Current Year but Faces Budget Risks in the Years Ahead
… additional actions to narrow the budget gaps projected for fiscal years 2020 through 2022. In addition, the city … three quarters of 2018, putting the industry on track for its third consecutive year of increased profitability. … health insurance savings to help fund wage increases for the municipal work force. Despite higher labor costs, the …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-nyc-projects-surplus-current-year-faces-budget-risks-years-aheadDiNapoli: Audit Finds up to $12.1 Million in Inappropriate Medicaid Payments
… sure claims are being paid appropriately and to determine if improvements are needed and whether money should be …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-audit-finds-121-million-inappropriate-medicaid-paymentsParticipation in the Program – Contribution Stabilization Program
… are treated separately. Please read the information on the How the Program Works page carefully before you submit a form … the employer menu, then follow the prompts. Rev. 12/23 … How NYSLRS employers can join or withdraw from the …
https://www.osc.ny.gov/retirement/employers/csp/participation-programDiNapoli: Heroin, Opioid Overdose Death Rates Rose Faster in New York Than in Most States
… heroin and prescription opioid abuse reached record highs in New York state in 2014, according to a report issued today by State … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-heroin-opioid-overdose-death-rates-rose-faster-new-york-most-statesUpdate on New York’s Unemployment Insurance Trust Fund: Challenges Continue
The devastating job losses caused by the COVID-19 pandemic led to a record number of unemployment insurance (UI) claims in New York, necessitating borrowing from the federal government beginning in May 2020.
https://www.osc.ny.gov/files/reports/pdf/update-unemployment-insurance-trust-fund.pdfComptroller DiNapoli Releases School Audits
… . Arkport Central School District – Payroll (Allegany County) While the board has not adopted written policies and … Central School District – Information Technology (Onondaga County) District officials could minimize risk by … Jamesville – Dewitt Central School District – Procurement (Onondaga County) The district’s purchasing policy does not …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-0DiNapoli: State Tax Revenues Down $3 Billion
… State tax revenues through October totaled $43.8 billion, $3 … monthly State Cash Report released today by New York State Comptroller Thomas P. DiNapoli. “Revenues are down and New …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-tax-revenues-down-3-billionState Contract and Payment Actions in April
… at Stony Brook University. Major Payments Approved Tax Refunds $1.2 billion for 1.2 million personal income tax refunds. $46 million for 25,000 corporate and other … Insurance, Pandemic Unemployment Assistance and Federal Pandemic Unemployment Compensation claims. Department …
https://www.osc.ny.gov/press/releases/2020/05/state-contract-and-payment-actions-aprilCity of Yonkers - Budget Review (B21-6-7)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2021-22 fiscal year are … sales and use tax and sales and use tax-education, parks, real estate transfer tax, sewer rents and metered water sales that …
https://www.osc.ny.gov/local-government/audits/city/2021/05/17/city-yonkers-budget-review-b21-6-7DiNapoli Releases April Cash Report
… One month into the state’s 2015-2016 fiscal year, state tax collections totaled $8.6 billion, an increase of 21.4 … (DOB) projections, according to the April state cash report released today by State Comptroller Thomas P. … accessible on the Office’s recently expanded Open Book New York website. … One month into the states 20152016 fiscal …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-releases-april-cash-reportDiNapoli: 14 School Districts Designated in Fiscal Stress
… Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending on June 30, 2022, down from … This is the lowest incidence of fiscal stress recorded for schools since the system’s inception (2012-13 school … expenses. The Comptroller releases fiscal stress scores for the various categories of government three times a year. …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: NYC Finances Gain Stronger Footing
… new challenges when the federal relief expires. By FY 2025, the city would incur more than $1 billion in recurring … years, it has yet to reach a collective bargaining agreement with the municipal unions to generate recurring … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-nyc-finances-gain-stronger-footingDiNapoli: Small Business Growth in New York Outpaced National Average
… Employment among New York’s small businesses has increased slightly faster than … based on the most recent data available from the U.S. Census Bureau, examined the five-year trend from 2011 through …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-small-business-growth-new-york-outpaced-national-averageTown of Sidney – Budget Review (B4-14-19)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure … in Delaware County, issued debt totaling $2.5 million to liquidate a portion of the cumulative deficit incurred by … Local Finance Law requires all local governments that have been authorized to issue obligations to fund operating …
https://www.osc.ny.gov/local-government/audits/town/2014/11/04/town-sidney-budget-review-b4-14-19New York State Comptroller Thomas P. DiNapoli Statement on Moody's Upgrade of New York State General Obligation Bonds
… “Today’s announcement by Moody’s Investors Service brings New York’s rating for its General Obligation bonds and the …
https://www.osc.ny.gov/press/releases/2014/06/new-york-state-comptroller-thomas-p-dinapoli-statement-moodys-upgrade-new-york-state-generalCity of Yonkers – Budget Review (B21-6-8)
… The Office of the State Comptroller, as Fiscal Agent for the City of Yonkers (City), determined that the City’s adopted budget for fiscal year 2021-22 and the related justification … operating and debt service funding of $663.6 million for the Yonkers Public Schools (District) and $587.9 million …
https://www.osc.ny.gov/local-government/audits/city/2021/07/02/city-yonkers-budget-review-b21-6-8East Ramapo Central School District – Budget Review (B25-5-2)
… to Chapter 89 of the Laws of 2016, as amended, the New York State (NYS) Department of Education (SED) is … of approximately $1.8 million for payments due to the New York State Local Retirement System (NYSLRS) is likely …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/03/east-ramapo-central-school-district-budget-review-b25-5-2City of Yonkers - Budget Review (B19-6-5)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … not approved or available at year end, the District could have a $7.8 million budget gap. The District’s budget request … tax limit. We caution the City that if property values do not increase, its ability to increase taxes may be reduced …
https://www.osc.ny.gov/local-government/audits/city/2019/05/17/city-yonkers-budget-review-b19-6-5DiNapoli Appoints Senior Budget and Policy Staff
… Todd Scheuermann as assistant comptroller in the Division of Budget and Policy Analysis. These appointments are to fill … an independent and fact-driven analysis of the state’s fiscal health and major policy decisions. The wide depth of … degree in Public Administration from George Washington University, and completed her doctoral coursework in public …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-appoints-senior-budget-and-policy-staff