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DiNapoli: Local Sales Tax Collections Up 3% in Second Quarter
… Local government sales tax collections in New York state totaled $5.7 billion in the second quarter of 2023 (April-June), an increase of … Thomas P. DiNapoli. Collections were more robust in the first quarter of 2023, growing 7.1%. “Growth in local …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-local-sales-tax-collections-3-percent-second-quarterDiNapoli: Local Sales Tax Collections Up Slightly in May
… Local sales tax collections in New York state increased by 1.1% in May compared to the same month in …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-local-sales-tax-collections-slightly-mayDiNapoli Audit Finds Hazardous Conditions Persist in Mitchell-Lama Developments
… Jamie Towers, also located in the Bronx – between 2019 and January 2023. They found poor conditions and disrepair at all … was weak. In a review of 280 transactions, totaling $1.9 million, auditors found that nearly half, 139, worth about …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-audit-finds-hazardous-conditions-persist-mitchell-lama-developmentsDiNapoli: Local Sales Tax Collections Up 7% in First Quarter
… Local government sales tax collections in New York state totaled $5.5 billion in the first quarter of 2023, an increase of 7.1%, or nearly … P. DiNapoli. “Sales tax collections were quite strong in the first quarter,” DiNapoli said. “New York City’s …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-local-sales-tax-collections-7-percent-first-quarterDiNapoli: Gaming Revenue Plays Increasing Role In State Budget
… which includes lottery revenues, is smaller now than in the year the New York State Lottery was created. In State Fiscal Year (SFY) 2013-14, total gambling revenues … New York’s net gambling revenues were the highest in the nation – more than California and Florida combined in …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-gaming-revenue-plays-increasing-role-state-budgetDiNapoli: Shift in MTA's Paratransit Program Generates Cost Savings
… Costs for the Metropolitan Transportation Authority’s (MTA) program to provide transportation services for people with … services that provided $102.7 million in savings in 2022, according to a report released today by State Comptroller …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-shift-mtas-paratransit-program-generates-cost-savingsDiNapoli: Local Sales Tax Collections Increased by 4% in August
… $760 million, an increase of 1.2%, or $9.1 million. County and city collections in the rest of the state totaled … experienced some year-over-year increase. Schuyler County experienced the strongest growth at 63.3%. Orleans … and Finance, and the amounts are based on estimates of what each municipality is due. In the third month of each …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-local-sales-tax-collections-increased-4-augustDiNapoli: Number of Domestic Violence Victims Rises in 2022
… The number of domestic violence victims increased in 2022 by 8.5% in New York City and 8.7% in the rest of New York state when compared to 2019, …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-number-domestic-violence-victims-rises-2022DiNapoli: Young People in NYC Still Face Double-Digit Unemployment
… after the height of the COVID-19 pandemic, young people in New York City continue to face double-digit unemployment, with … in finding work, according to a report released today by State Comptroller Thomas P. DiNapoli. Unemployment among 16- …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-young-people-nyc-still-face-double-digit-unemploymentDiNapoli: Millions in NYC Transit Fines and Fees Uncollected
… New York State Comptroller Thomas P. DiNapoli today announced that an … more over the years. “New York City Transit can and should do more to collect fines from those who violate its rules,” … straphangers. Fines are meant to deter bad behavior, but when Transit fails to enforce its own fines, it risks sending …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-millions-nyc-transit-fines-and-fees-uncollectedDiNapoli Announces New $7 Million Investment in Northern Ireland
… to the returns this investment will bring to the public workers of New York state and the peace builders of … New York State Common Retirement Fund, the third largest public pension plan in the United States with more than one … employers. The Fund has a diversified portfolio of public and private equities, fixed income, real estate and …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDiNapoli: Small Businesses Generate $950 Billion in New York
… 3.9 million jobs and generating more than $950 billion in annual revenues, according to a report released today by … private-sector employment and provide almost $190 billion in annual payrolls. These businesses are critical to New York’s economy and integral to the fabric of life in the Empire State.” The U.S. Small Business Administration …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-small-businesses-generate-950-billion-new-yorkXII.5.L Entering Appropriate Detail in the Invoice Line Fields – XII. Expenditures
… Units must use the Invoice Lines section of the voucher in the Statewide Financial System (SFS) to record as much … Business Units should use the functionality available in the SFS, including: using individual invoice lines for … distribution lines (which are referred to as charge lines in Legacy Systems) to provide as much information as possible …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5l-entering-appropriate-detail-invoice-line-fieldsSmall Businesses and the Economic Recovery: Work in Progress
… 2021 Businesses in New York were more severely impacted by the COVID-19 pandemic in the spring of 2020 than in the … businesses continue to recover. Challenges Confronted by Small Businesses in the Economic Recovery Since the U.S. … average, as shown in Figure 1. Conditions have improved by the same margin (23 percentage points) in New York and …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… to remain above 7 million at least through March 2022, but decline by nearly 17% by March 2023 and return to pre-pandemic levels of just over 6 million … a 6.2 percentage point increase for New York for each calendar quarter during the public health emergency. Specific …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021Overtime at State Agencies Reached All-Time High in 2020
… The total cost of overtime in 2020 at state agencies reached an all-time high at more … earnings comprised 4.8 percent of total payroll spending in 2020, an increase from the 4.2 percent average from 2011 … nearly every aspect of our lives and the men and women in public employment stepped up to help keep the public safe …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020DiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… System has identified eight villages and three cities in New York that were in some level of fiscal stress in 2020, based on scores that largely reflect the time period …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: Local Governments Levy $36.6 Billion in Property Taxes
… Local governments in New York levied a total of $36.6 billion in property taxes in 2019 – an increase of 2.4 percent over 2018, according to …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-local-governments-levy-366-billion-property-taxesDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… Common Retirement Fund (Fund) will restrict investments in 21 shale oil and gas producing companies, including … the state pension fund, we are restricting investments in companies that we believe are unprepared to adapt to a … SM Energy Co. The Fund will divest more than $238 million in public equity and debt securities issued by these …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesDiNapoli: State Tax Revenues Down $767 Million in May
… State tax receipts in May were down $766.9 million or 19.7% from the previous … pandemic, the state’s finances took another serious hit in the month of May,” DiNapoli said. “We are now clearly … act on our call for more federal aid.” Other items of note in the report: Personal income tax withholding revenues were …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-state-tax-revenues-down-767-million-may