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DiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… revenue, inclusive of $2 billion in federal matching funds for SAS Phase 2. The MTA must work with its federal … plan and update its agreements on SAS to retain matching funds with a future revenue source. The MTA has fortunately …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… New York State Comptroller Thomas P. DiNapoli was joined in Belfast by Joseph Kennedy III, U.S. Department of State … to announce a new $50 million commitment to invest in Northern Ireland companies from the New York State Common … economic relationship,” DiNapoli said. “Our commitments in Northern Ireland have provided a solid return and that’s …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
… to collect and spend her pension payments. The stolen funds were traced from his mother’s bank account into his bank account, where he thereafter spent the funds. In June of 2023, Johnson was interviewed by …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… active projects with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 billion, increase compared to … increased by 1.5%. “IDAs can play an important role in helping local economies and businesses expand. This report … the period increased 76% from $16.5 million per project in 2011 to $29.2 million in 2021. County IDAs were …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… more.” The Medicaid Drug Rebate Program (MDRP) was created in 1990 to lower government expenses. DOH is supposed to … still found that DOH’s continuing errors and weaknesses in following the rebate procedures resulted in the state missing out on $183.7 million. The largest …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… Local government sales tax collections in New York state totaled $22.1 billion in calendar year 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, especially in New York City, according to a report released today by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… the mid-point of the fiscal year, were below collections in five of the first six months of last year. Collections … were $918.7 million lower than original projections in the Enacted Budget Financial Plan, but $11.3 million … drop of 3 percent, or $734.3 million, from the same period in SFY 2015-16. PIT collections were $1.2 billion below …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments
… Alayne Bertolino for allegedly stealing more than $240,000 in New York state pension payments made to her deceased … is handling the prosecution of this case. “Building trust in public institutions requires us to hold people accountable … as a detective from the Nassau County Police Department in 1991 and was receiving a pension via direct deposit into a …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli: Court Clerk Pleads Guilty to Stealing More Than $10,000 in Fines
… Department found she misappropriated more than $10,000 in court fees, said State Comptroller Thomas P. DiNapoli. … $1,000 fine for her actions after she pleaded guilty in Canton Town Court on Wednesday. DiNapoli’s office and a … investigation revealed that the money she collected in court fines and surcharges was never deposited in the …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-court-clerk-pleads-guilty-stealing-more-10000-finesDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… $69 million from 2016 to 2018, which includes $17 million in savings for counties and New York City. "New Yorkers … uncertainty over Medicaid under the new administration in Washington, states need to take every initiative to defray … 30.6 percent; and localities funded the rest. As noted in the audit, many of the state's Medicaid recipients are …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsState Pension Fund Adds $30 Million for Investments in New York Companies
… $30 million to Primary Venture Partners to invest in state-based companies, New York State Comptroller Thomas … The commitment will be made through the pension fund’s In-State Private Equity Investment Program, designed to make profitable investments in companies located in New York state. This is the state …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli and Diaz Help Bronx Residents Claim $245 Million in Lost Money
… down their unclaimed money from the more than $244 million in unclaimed funds currently being held by the state. I thank … efforts to track down the owners of these unclaimed funds in The Bronx.” Unclaimed funds is money owed to New Yorkers … from 8:00 a.m. through 4:30 p.m. A total of $1.6 million in unclaimed funds has been returned to Bronx residents since …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-and-diaz-help-bronx-residents-claim-245-million-lost-moneyChemical Dependency Program Payments to Selected Contractors in New York City (Follow-Up)
… of implementation of the seven recommendations included in our initial audit report, Chemical Dependency Program Payments to Selected Contractors in New York City (Report 2007-S-60). Background Our initial … of alcohol and substance abuse. We audited $8.4 million in payments made to the two contractors, and found that …
https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-followDiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… Peace, United States Attorney for the Eastern District of New York; Michael J. Driscoll, Assistant … scheme. “Stealing money meant to feed students in need is reprehensible,” said State Comptroller Thomas P. … bidding scenario for the breakfast items, only to award a second procurement contract to Smart Starts despite …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-schemeDiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… sales tax collections grew by 21.1%, or $901 million, in the first quarter of 2022 compared to the same period last … partially driven by inflation, which hit a 40-year-high in March. “Local sales tax collections continue to come in strong. While local governments are collecting more, they …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022DiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… Local sales tax collections in New York grew by 12.9% in October compared to a year ago, … localities totaled more than $1.5 billion, up $175 million from October 2020. This growth continues the trend that began … localities totaled more than $15 billion up $175 million from October 2020 …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020DiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… Local government sales tax collections in August were 15.5% higher than they were during the same period in 2020, making it the fifth consecutive month that … governments continue to see much stronger collections in 2021 compared to last year when the pandemic kept people …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentSafe Schools Against Violence in Education (SAVE) Act - Safety Plans - 2019-MS-1
… two charter schools (collectively referred to as schools in this report) used their financial resources to develop, … safety plans and building-level emergency response plans in compliance with the New York State Safe Schools Against Violence in Education (SAVE) Act. 1 Key Findings Schools must do more …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/07/25/safe-schools-against-violence-education-save-act-safety-plans-2019-ms-1New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… billion for fiscal year (FY) 2020, up from $550 million in November 2019, which it plans to transfer to FY 2021 to … P. DiNapoli. “New York City’s economy has been strong in recent years, generating resources to expand municipal … continue to boost reserves and look for new ways to save.” In January, city officials released a four-year financial …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearNew York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… Income and Earnings Returned to Pre-Pandemic Levels in New York? Recently released data from the U.S. Bureau of Economic Analysis show personal income in New York State has surpassed pre-pandemic levels by 12.8 … receipts to individuals, totaled nearly $1.6 trillion in the first quarter of 2021, an increase of 51.9 percent …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021