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New York’s Economy and Finances in the COVID-19 Era
… governments during the pandemic. Sharp declines in state tax revenues and increased spending on Medicaid and other … Assistance New York State’s Budget State personal income tax receipts in July were more than $1 billion below the … to be repaid later in the fiscal year, as well as the withholding of significant amounts of payments from local …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… a high likelihood of transitioning into a business with payroll.” Such applications from New York totaled 4,223 in …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… in February, reflecting net gains of nearly 2 million jobs since April 1996. The COVID-19 pandemic dealt a body … million represented the State’s largest monthly loss of jobs on record. New York City lost 944,000 jobs from February to April, and recovered 12.9 percent …
https://www.osc.ny.gov/reports/covid-19-august-19-2020DiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… had increases, including Westchester, where its tax rate increase in August of 2019 boosted year-over-year growth. …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyNew York’s Economy and Finances in the COVID-19 Era
… 1, 2020, and continuing through the last day of the calendar quarter of the COVID-19 public health emergency. The …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s … of FPUC, which provided an additional $600 weekly for many recipients through the end of July and the end of the … data. However, there has been a notable difference in how aid was disbursed geographically. Only 19 of the 57 …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance . “An injection of federal stimulus … to a level hard to imagine in March,” DiNapoli said. “Wall Street’s successful first half helps our state and city …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020New York’s Economy and Finances in the COVID-19 Era
… General Fund). However, DOB has identified $2.7 billion in payroll costs for such employees as eligible for CRF funding, …
https://www.osc.ny.gov/reports/covid-19-december-2-2020DiNapoli: Ex-Lake George Watershed Coalition Director Convicted in Grant Scheme
… the Lake George Watershed Coalition, was convicted today in Warren County Court of two counts of Grand Larceny in the Second Degree, Scheme to Defraud in the First Degree and related false filing charges, related …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-ex-lake-george-watershed-coalition-director-convicted-grant-schemeDiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme
… said Attorney General James . “Public corruption in any form will never be tolerated, and my office remains committed …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-schemeNew York’s Economy and Finances in the COVID-19 Era
… that rate is only one measure of the impact of lost jobs. 53% of New York adults age 18 and over live in … Suffer Big Declines New York City lost more than 937,000 jobs, 20 percent of its previous total, from February through … in every area of the State, erasing more than 1.8 million jobs statewide. New York City lost both more jobs and a …
https://www.osc.ny.gov/reports/covid-19-july-9-2020NYC Surplus Projected to Reach $550 Million in FY 2020
… New York City now projects a surplus of $550 million in fiscal year 2020, reflecting stronger-than-expected … DiNapoli said. “The risk of a recession has eased in the near term, but the city should continue to increase … out-year gaps have grown slightly, to nearly $3 billion in FY 2022 and $3.2 billion in FY 2023. Despite concerns that …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020Minds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Minds in Motion, Inc. (MIM) on its Consolidated Fiscal Reports … for-profit special education provider located in Newburgh. MIM provides preschool special education … the fiscal year ended June 30, 2015, MIM reported $571,094 in reimbursable costs for the one rate-based preschool …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualDiNapoli Announces Guilty Plea in Town of Crawford Embezzlement Case
… County Court Judge Craig Stephen Brown, to Grand Larceny in the Third Degree and Tampering with Public Records in the First Degree, in connection with the embezzlement of over $21,000 from the …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-announces-guilty-plea-town-crawford-embezzlement-caseCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… submeter all buildings greater than 100,000 gross square feet by December 31, 2016, as required. Furthermore, only 6 …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsDiNapoli: Outreach Failure Contributes to Rise in Subway Homeless Population
… the subway homeless population, the homeless situation in the subways has grown significantly worse, in part because … in the subways from 1,841 individuals (population count in 2013) by two-thirds to 626 individuals. It was also … that BRC is placing homeless into shelters as it claims it does. BRC said it placed 600 clients into shelters since …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-outreach-failure-contributes-rise-subway-homeless-populationDiNapoli: Former Riverside Village Clerk Pleads Guilty in $50,000 Theft
… Kristina Johnson will do jail time and pay $50,000 in restitution after admitting Friday to repeatedly pilfering … to pay for white water rafting and dating through Match.com, State Comptroller Thomas P. DiNapoli announced today. … from taxpayers to pay for white water rafting and Match.com,” DiNapoli said. “I thank District Attorney Brooks Baker …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-riverside-village-clerk-pleads-guilty-50000-theftDiNapoli: Former Treasurer Arrested in Tupper Lake Fire Department Theft
… I took cash from the fire department," Brown said in a statement given to DiNapoli's Investigators and Chief Proulx. … barbecue and golf tournament fundraisers, according to his statement. Franklin County Assistant District Attorney David …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-treasurer-arrested-tupper-lake-fire-department-theftDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… Enacted Budget increases funding for education, clean water, affordable housing and other programs, but authorizes … is another $385 million in appropriation and bonding authority for the bond-financed State and Municipal … including certain mandated testing by most public water systems in the state. Related measures include a new …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… totaled $5.2 billion in the third quarter (July-September of 2021), up $861 million (20%) from the same period last year and continuing the trend of exceeding pre-pandemic levels, according to a report … experiencing significant drops during the early outbreak of the COVID-19 pandemic,” DiNapoli said. “This growth is an …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarter