Search
DiNapoli: Surge in Tourism Bolsters NYC Hotel Industry
… to 88.5 percent and the average room rate declined for the first time since the recession, from $301 to $294. … Waldorf Astoria was sold to a Chinese insurance company for a record $1.92 billion in 2014. For a copy of the complete report, The Hotel Industry in New …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-surge-tourism-bolsters-nyc-hotel-industryDiNapoli Announces $15 Million Investment in Northern Ireland
… New York State Comptroller Thomas P. DiNapoli today announced that the … New York State Common Retirement Fund with a solid return on investment,” DiNapoli said. “Northern Ireland has the … Northern Ireland.” The Fund and 57 Stars continue to seek out opportunities throughout Northern Ireland that meet …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandDiNapoli: 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: Local Sales Tax Revenue Slows in 2016
… by $80 million in the first half of 2016, which accounts for the majority of local sales tax growth statewide. Of the …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-local-sales-tax-revenue-slows-2016Wall Street Bonuses and Profits Decline in 2015
… and lower profits could mean fewer industry jobs and less tax revenue.” The securities industry reported that pre-tax profits for the broker/dealer operations of New York … The Comptroller’s estimate is based on personal income tax trends, which do not distinguish between cash bonuses for …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015IX.4.J State Requirements in Support of CMIA Implementation – IX. Federal Grants
For most federal programs subject to CMIA interest liabilities will be calculated from the SFS and bank records
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix4j-state-requirements-support-cmia-implementationDiNapoli: 33 School Districts Reported in Fiscal Stress
… should address these problems today,” said DiNapoli. “My Fiscal Stress Monitoring System flags issues early so communities can correct them. My office will continue to provide financial planning tools, … that assess other factors, such as poverty rates and tax base, which are largely outside of the control of school …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-33-school-districts-reported-fiscal-stressHealth, Safety, and Accessibility in District 75 Schools
… To determine whether the New York City (NYC) Department of Education (DOE) is providing a safe and healthy … schools receive their services in individual school buildings or in special classes co-located with another … health, safety, and accessibility requirements. A number of federal, State, and local laws, such as provisions …
https://www.osc.ny.gov/state-agencies/audits/2021/04/12/health-safety-and-accessibility-district-75-schoolsDiNapoli: 23 School Districts Designated in Fiscal Stress
… Twenty-three school districts statewide were designated in some level of fiscal stress under New York State … ending on June 30, 2021, down from 31 school districts in fiscal stress the prior year. “Fewer of New York’s school … had low liquidity, also known as “weak cash position,” meaning less cash on hand to cover operating costs. They also …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stressLocal Sales Tax Collections Up 19% in 2021
… annual increase on record after a historic low in 2020 when local sales tax collections declined by 10%. Annual … in 2021 as the economy rebounded from the pandemic, some of that growth is attributed to inflation, which was the … third quarter (27.9%) and fourth quarter (26.3%) of 2021 when compared to 2020. Collections only grew 14.2% and 12.8% …
https://www.osc.ny.gov/press/releases/2022/02/local-sales-tax-collections-19-percent-2021Green Economy Boosts Job Growth in New York
… the green economy will create. As members of the New Yorkers for Clean Water and Jobs Coalition, we know investing … policymakers ensure opportunities are available for New Yorkers seeking to upgrade their skills or take on new career …
https://www.osc.ny.gov/press/releases/2022/02/green-economy-boosts-job-growth-new-yorkXIII.9 Allowed Values for Processing Payments in SFS – XIII. Employee Expense Reimbursement
… an employee can select when completing an Expense Report in the SFS Travel and Expenses module. Expense Types This … an employee can select when completing an Expense Report in the SFS Travel and Expenses module. Guide to Financial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii9-allowed-values-processing-payments-sfsDiNapoli: MTA Faces Worst Financial Crisis in History
The Metropolitan Transportation Authority is facing the greatest crisis in its long history with few viable options without federal funding to avoid cuts in service and staff additional fare hikes and longlasting damage that could impair regional transit for decades
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyDiNapoli High-Tech is on the Rise in NYC
… that are well above the citywide average, according to a report released today by New York State Comptroller … said. “Silicon Alley now stretches from Midtown South to Lower Manhattan and into Brooklyn and Queens. New York … its investment opportunities, and its public commitment to fostering a tech training ground through education and …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-high-tech-rise-nycDiNapoli Halts $24 Million in Suspicious Tax Refunds
… income tax refunds stopped to date include: Reason for Stopping Tax Refund Number of Refunds Dollar Value of … estimated their efforts produced $62.6 million in savings. For a copy of the report, visit: …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-halts-24-million-suspicious-tax-refundsInflation in the New York City Metropolitan Area
… week, the U.S. Bureau of Labor Statistics (BLS) released new data indicating consumer prices grew by 8.5 percent nationally and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in … percent over March 2021), followed by transportation (14.7 percent), recreation (8.3 percent) and food (8.0 …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaSelected State Agencies’ Roles in Financial Literacy (Follow-Up)
… 47% of survey respondents reported not having emergency funds to cover 3 months of expenses. The results varied … literacy reportedly not having 3 months of emergency funds vs. 58% for those with lower financial literacy. …
https://www.osc.ny.gov/state-agencies/audits/2024/10/23/selected-state-agencies-roles-financial-literacy-followLong Island Experienced Gains in Farms and Farmland
… The report includes an analysis of state programs and tax benefits for farmers. Some of the important findings for …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-long-islandDiNapoli: Local Sales Tax Collections Up 3% in November
… Local sales tax collections in New York state increased by 3% in November … City accounting for 61.5% of the increase. “Local sales tax growth in November was a bit stronger compared to the … this into consideration when budgeting for future sales tax revenue.” In November: New York City’s collections …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-local-sales-tax-collections-up-3-percent-in-novemberDiNapoli: 22 School Districts Designated in Fiscal Stress
… (CSD) in Suffolk County and Mount Vernon School District (SD) in Westchester County. Four districts were designated as … (New Suffolk CSD, Harrisville CSD, and Mount Vernon SD). Four school districts (East Ramapo CSD, New Suffolk CSD, Rensselaer City SD and Wyandanch Union Free SD) have been in fiscal stress …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-22-school-districts-designated-fiscal-stress