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DiNapoli: Fiscal Stress May be Looming for Glens Falls
… city of Glens Falls’ financial condition has declined due to burdensome debt costs, the subsidization of a downtown … civic center and expenses that outpace revenues, according to a report issued today by State Comptroller Thomas P. … “The city’s financial struggles are making it harder to maintain needed services, avoid tax increases and keep the …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-fiscal-stress-may-be-looming-glens-fallsDiNapoli: New York State Gets 91 Cents for Every Dollar Sent to Washington
… for New Yorkers. Our Congressional delegation has pushed hard over the years to increase New York’s slice of the pie …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-new-york-state-gets-91-cents-every-dollar-sent-washingtonLong Island Experienced Gains in Farms and Farmland
… to mitigate the effects of extreme weather events and hard to predict changes in seasonal weather patterns. While …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-long-islandHousing Trust Fund Corporation – Oversight of the Rural Rental Assistance Program
… these reviews and, due to USDA’s conversion from a hard copy to an electronic record-keeping system, we could …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/housing-trust-fund-corporation-oversight-rural-rental-assistance-programExistential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA
… FIGURE 2 – Ridership and Farebox Revenue Change, 2019 vs. 2020 Sources: National Transit Database; OSC analysis … Miles and Revenue Hours, Subway and Bus, April 2019 vs. April 2022 Sources: National Transit Database; OSC … , Retrieved on July 6, 2022 from https://gasprices.aaa.com/state-gas-price-averages . 3 June weekday numbers do not …
https://www.osc.ny.gov/reports/osdc/existential-questions-facing-national-public-transit-systems-create-new-fiscal-pressures-mtaDiNapoli Highlights Investment in Rochester Region Through State Pension Fund
… million that we want to invest in established, growing or startup companies.” The In-State program partners the Fund … taking office in 2007, DiNapoli has added $624 million, or more than double the original amount set aside for … upstate New York companies. For information on the program or company eligibility, go to: …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-highlights-investment-rochester-region-through-state-pension-fundDiNapoli: Former Assemblyman William Scarborough Sentenced On Fraud and Theft Convictions
… Scarborough, 69, of Queens, New York, was sentenced today to 13 months in prison and two years of supervised release … Eric T. Schneiderman, and Special Agent in Charge Andrew W. Vale of the Federal Bureau of Investigation, Albany … To receive those payments, Scarborough was required to submit travel vouchers to the New York State Assembly Finance …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-assemblyman-william-scarborough-sentenced-fraud-and-theft-convictionsDiNapoli: NYC Has Recovered Nearly All Private Sector Jobs Unevenly Across Sectors
New York City has recovered 994 of private sector jobs it lost in the pandemic but unevenly across key industries according to an analysis released by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-has-recovered-nearly-all-private-sector-jobs-unevenly-across-sectorsState Agencies Bulletin No. 171
… Budget Policy Reporting Manual, Revised Item B-300, issued on April 25, 2000, maintenance rates were increased beginning … These listings will be distributed in a separate mailing. On-line Procedures Since the increase to maintenance rates is … unable to electronically access this information, please call (518) 474-0429 to request a hard copy. Determining …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/171-increase-maintenance-rates-and-rules-determining-taxable-statusDiNapoli: Audits Find $70 Million in Dubious Claims, Persistent Medicaid Billing System Failures
… state is attempting to control costs, it needs to take a hard look at the failures of its billing system. State Health …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-audits-find-70-million-dubious-claims-persistent-medicaid-billing-system-failuresDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… To complete its review, FAS examined over 1,000 contract documents and conducted interviews with staff, …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDiNapoli Announces New $7 Million Investment in Northern Ireland
… been a peerless ambassador for the work of building the hard won peace in the North of Ireland with jobs and …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… funding that, in turn, helped many small businesses manage payroll and operating expenses, pay rent, bolster protective …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicDiNapoli: New Yorkers Could Lose $72B in Reported State and Local Tax Deductions Under Trump Plan
… but could affect state and local finances in ways that are hard to predict." On Sept. 27, 2017, Congressional Republican …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-yorkers-could-lose-72b-reported-state-and-local-tax-deductions-under-trump-planWhat is a Defined Benefit Plan?
… As a NYSLRS member, you are part of a defined benefit plan , also … Plans Work Defined benefit pension plans, including your NYSLRS plan, are calculated based on a preset formula and … defined contribution plans, employers may contribute a set amount or “match” all or part of an employee’s …
https://www.osc.ny.gov/retirement/members/defined-benefit-planNYS Comptroller DiNapoli, Steuben County District Attorney Baker, and NYS Police: Former Addison Official to Be Sentenced to Prison and Will Forfeit State Pension After Million Dollar Public Corruption Conviction
… full restitution of $1.1 million, and forfeit her public pension after being convicted of one felony count of … over her 19-year career. Stone’s forfeiture of her state pension as a result of her public corruption conviction will be the first pension forfeiture in New York state. “Public service is a …
https://www.osc.ny.gov/press/releases/2024/08/nys-comptroller-dinapoli-steuben-county-district-attorney-baker-and-nys-police-former-addisonNew York’s Economy and Finances in the COVID-19 Era
… $5.1 billion to New York State through the Coronavirus Relief Fund. As of August 28, the State’s CARES Act Fund held …
https://www.osc.ny.gov/reports/covid-19-september-2-2020DiNapoli Analysis Finds Worrisome, Uneven Economic Recovery Among NYC's Labor Force
… between males and females narrowed between 2019 (68.3% vs. 53.5% and 2021 (65.5% vs. 54.5%) as more women sought employment. Female and male …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-analysis-finds-worrisome-uneven-economic-recovery-among-nycs-labor-forceNew York’s Economy and Finances in the COVID-19 Era
… update. Subscribe Read Prior Editions February 3, 2021 Edition Selected Economic Trends Job Recovery and … of the State, excluding New York City, dropped to 5.9 percent as of December, about a percentage point above … the regular State program for the week ending January 16. From March 1, 2020, through January 29, 2021, the Office …
https://www.osc.ny.gov/reports/covid-19-february-3-2021DiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… of services. The ability of H+H to manage its finances and balance its budget has required regular subsidization from … Federal aid enabled H+H to end FY 2020 with a closing cash balance of $688 million, and largely attain its bottom-line …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-care