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DiNapoli: Audits Lead to Millions of Dollars in Medicaid Savings from Drug Rebate Collections
… The state collected over $160 million in drug rebates under the state's Medicaid Drug Rebate … today. Auditors also found that more than $78 million in rebates have not been submitted to drug manufacturers, but … (DOH). "New York has been leaving millions of dollars in drug rebates on the table," DiNapoli said. "The state …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-audits-lead-millions-dollars-medicaid-savings-drug-rebate-collectionsNew York’s Balance of Payments in the Federal Budget: Fiscal Year 2020 - Interactive Map
… … States balance of payments with the federal government in 2020 …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-fiscal-year-2020-interactive-mapDiNapoli: ESD Falls Short in Evaluation of Nearly $2 Billion of Economic Development Programs
… Thomas P. DiNapoli. ESD spends about $1.8 billion a year in taxpayer money for loans, grants, tax credits and other … projects. “Empire State Development has an important role in helping New York’s economy grow and create jobs, … that showed positive results and led to some changes in those programs. However, when auditors asked for …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-esd-falls-short-evaluation-nearly-2-billion-economic-development-programsDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… and trends that could impact district budgets now and in the future. It is a useful tool to better inform … about local and statewide issues.” Revenue Picture In the 2017-18 school year, districts received $40.6 billion in revenues, which included state and federal aid, the School …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… State Comptroller, Preet Bharara, United States Attorney for the Southern District of New York, and Diego Rodriguez, … employment before their pension benefits are cut off for that year. According to the allegations contained in the … Thomas P. DiNapoli. "I thank U.S. Attorney Bharara for his continued partnership and commitment to combatting …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsThe Construction Industry in New York City: Recent Trends and Impact of COVID-19
… Moynihan Train Hall near Penn Station, utilizing a public-private partnership. To further invest in … to provide comprehensive, timely reviews of State and public authority contracts so that resources are distributed … is defined by the North American Industry Classification System (NAICS) as Industry 23. 2 New York State Department of …
https://www.osc.ny.gov/reports/osdc/construction-industry-new-york-city-recent-trends-and-impact-covid-19Mitchell Lama Applicants Charged $200 for Virtually No Chance of Apartment in Their Lifetime
… who had virtually no chance of getting an apartment in their lifetime, an audit released today by New York State … The audit examined application fees at three developments in Manhattan: Trinity House, a rental development on the … and two co-op developments: Washington Square Southeast in Greenwich Village; and York Hill on the Upper East Side. …
https://www.osc.ny.gov/press/releases/2019/12/mitchell-lama-applicants-charged-200-virtually-no-chance-apartment-their-lifetimeExamples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting … Sample City Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year Ended … out (290,000) (211,409) (501,409) (175,003) Change in net assets 4,632,009 (1,412,124) 3,219,885 (758,808) Total …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assetsDiNapoli Op-Ed in Buffalo News Urges Washington to Help Governments Hurt by COVID-19
… economic impact of COVID-19 has produced dramatic drops in government revenue. State tax revenue in New York was down $1.5 billion or 17.3 percent in June compared to last year. In Western New York, sales tax …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-buffalo-news-urges-washington-help-governments-hurt-covid-19DiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… to help the growing number of New Yorkers going hungry in the wake of the economic damage caused by the COVID-19 … the need to combat hunger vigorously is clear and urgent. In 2019, the Supplemental Nutrition Assistance … each month . Enhancing SNAP to reflect the sharp increase in need would require only a small fraction of the federal …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityDiNapoli: Jobs in NYC Construction Industry Took Huge Hit During Pandemic, Over 14% Decline
… of 44,400 construction jobs due to the COVID-19 pandemic in 2020 was the state’s worst annual decline in the industry in more than 25 years, with more than half the losses coming …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-jobs-nyc-construction-industry-took-huge-hit-during-pandemic-over-14-declineDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… Plan of the City of New York Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli Op-Ed in Newsday Urges Leaders to Seize This Chance to Improve NY’s Finances
… and using it to pay for critical infrastructure projects. In April, state leaders enacted the largest budget in New York history, more than $208 billion. The spending … pattern among high-income taxpayers, particularly in New York City, which has the highest combined state and …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-op-ed-newsday-urges-leaders-seize-chance-improve-nys-financesDiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller Thomas P. … The transaction raises the total commitments of DiNapoli's In-State Private Equity Program (the In-State Program) to … and mobile tech. For more information visit www.tribecavp.com . … The New York State Common Retirement Fund has …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-programThe North Country Is Among the Top Regions in the State for Agricultural Sales
… New York cannot be overstated, both as an economic engine for their communities and an essential part of our food … includes an analysis of state programs and tax benefits for farmers. Some of the important findings for the North Country: There were 3,612 farms in the North …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-north-countryChild Care in NY Challenged by Staff Shortages, High Prices and Too Few Slots
… due to the pandemic, the state lost 9,549 child care slots and an additional 5,333 slots in 2021, for a cumulative decline of 1.9% from 2019 … two state fiscal years would support an estimated 5,500 slots in child care facilities across the state. The SFY …
https://www.osc.ny.gov/press/releases/2025/02/child-care-ny-challenged-staff-shortages-high-prices-and-too-few-slotsPreliminary Report on the State Fiscal Year 2014-15 Enacted Budget, April 2014
The State ended SFY 2013-14 in its most favorable financial position in years.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-preliminary-2014-15.pdfLocal Sales Tax Collections Increase by 1.6 Percent in the First Quarter of 2024
Marks the Lowest Rate of Quarterly Year-Over-Year Growth in Three Years.
https://www.osc.ny.gov/files/local-government/publications/pdf/2024-sales-tax-first-quarter.pdfLocal Sales Tax Collections Grew Over 12 Percent in the Second Quarter of 2022
Local government sales tax collections in New York State totaled over $5.5 billion in the second quarter of 2022, an increase of 12.2 percent, or nearly $604 million, compared to the same quarter last year. April and May collections grew by 15.7 percent and 16.7 percent, respectively, while June inc
https://www.osc.ny.gov/files/local-government/publications/pdf/local-sales-tax-collections-grew-over-12-percent-in-second-quarter-of-2022.pdfThe Construction Industry in New York City: Recent Trends and Impact of COVID-19
The COVID-19 pandemic brought a halt to the growth of the construction industry nationwide which, prior to the pandemic, had been growing strongly. This was especially true in New York State and New York City.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2021.pdf