Reports

See Audits to search for audits related to State agencies, NYC agencies, local governments, school districts and public authorities.

Budget & Finances

September 2021 —

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2021.

Budget & Finances

September 2021 —

State Fiscal Year (SFY) 2020-21 will long be remembered for the disruption caused by the COVID-19 pandemic and for the resilience demonstrated by New Yorkers in responding to the multitude of challenges.

Budget & Finances, Transportation

September 2021 —

Since the start of the COVID-19 pandemic, the MTA has been in a state of existential crisis. The Comptroller’s annual report on the MTA’s finances details how the combination of higher spending, the winding down of federal aid, the risk of lower ridership levels, increased impact from extreme weather, potential service reductions and other factors put the MTA in danger starting in 2025.

Health & Welfare

September 2021 —

The crisis created by the COVID-19 pandemic came at a time when NYC Health + Hospitals (H+H) had been working toward stabilizing its financial situation. Since 2015, it has been introducing initiatives to increase revenue collections through improving billing procedures, negotiating higher insurance rates, attracting and keeping patients, and lowering personnel costs. This report reviews H+H’s position before the pandemic, assesses the financial and operational impacts of its COVID-19 response, and weighs the long-term effects of the pandemic on the system.

Education

September 2021 —

The COVID-19 pandemic has changed the face of education across the country and in New York City, the nation’s largest public school system. During the pandemic, the City had to develop and implement novel remote learning protocols to continue educating students. Extraordinary levels of federal aid allowed the City to overcome these obstacles and implement a number of new initiatives to help students and address learning losses.

Infrastructure

September 2021 —

The State has made progress in making high-speed connections available to New Yorkers; nevertheless, there are still significant challenges. Many predominantly rural areas remain underserved. And one in three low-income households does not have access to broadband, which magnifies disparities in access to opportunities. High-speed connections are an imperative not only for economic development, but also for equality of opportunity.

Education

September 2021 —

New York students with disabilities lost partial or full special education services because of school shutdowns and the shift to remote learning during the pandemic, likely exacerbating pre-existing achievement gaps. School districts should prioritize address learning loss for these students in their re-opening plans.

Budget & Finances

September 2021 —

The historic surge in unemployment claims at the onset of the COVID-19 pandemic rapidly depleted the New York State Unemployment Insurance (UI) Trust Fund, resulting in the State borrowing from the federal government to pay claims. State UI tax rates have already risen to the highest level permissible under law in 2021. Unless the State or federal government takes significant action, federal UI tax rates on employers will also increase in 2022 and beyond.

Budget & Finances

September 2021 —

This snapshot highlights the results for counties, cities, towns and villages that reported for local fiscal years ending (FYE) 2020. These scores, therefore, reflect the partial-year impact of the COVID-19 pandemic on operations for most local governments.

Fraud & Waste

September 2021 —

The New York State Legislature amended the State Finance Law in 2015 by adding a new Section 8-c, which provides for the establishment of a statewide electronic system to help detect and prevent fraud, waste and abuse in government spending and to help avoid improper payment of public funds.

Economy

September 2021 —

Local government sales tax collections in August increased by 15.5 percent, or $204 million, over the same month in 2020, making it the fifth month in a row that collections exceeded 2020 results. The double-digit growth in local sales taxes reflects the fact that collections during August of 2020 were fairly weak as sales activity was recovering in certain parts of the state from the early effects of the pandemic. 

Regional Table [.xlsx]

August 2021 —

The Office of the New York State Comptroller conducted a series of five audits designed to examine State agencies’ compliance with EO 95 to improve accountability and support continuous improvement of Open Data, increasing its benefits to the public and government entities.

Unclaimed Funds

August 2021 —

State Fiscal Year 2020-21 was another productive year for the Office of Unclaimed Funds, returning $400 million to rightful owners.

Budget & Finances, Transportation

August 2021 —

The COVID-19 pandemic created unprecedented challenges for the State’s regional transportation authorities by disrupting operations, decreasing ridership, and severely reducing revenues; however, these authorities reported that federal aid helped them weather pandemic deficits. If ridership continues to languish and does not return to pre-pandemic levels, the authorities will need additional revenue from other sources to continue to provide services at current levels—or may be faced with limiting services.

Economy

August 2021 —

Local government sales tax collections in July increased by 21.2% over the same month in 2020, marking the fourth consecutive month that collections exceeded 2020 results. Collections totaled close to $1.6 billion, up $276 million from July of last year.

Health & Welfare

August 2021 —

Millions of Americans still face housing insecurity as a result of the COVID-19 pandemic, with nearly 15 percent behind on rent payments at the end of June. New York City not only houses the majority of the State’s renters but also had relatively high rates of rent-burdened tenants prior to the pandemic.

Budget & Finances

August 2021 —

On June 30, 2021, New York City adopted its $98.7 billion budget for fiscal year 2022. Excluding federal aid, the City will fund about $2 billion more in spending than was planned in its proposed executive budget in April, after adjusting for surplus transfers and money set aside for reserves. 

Economy

July 2021 —

Local sales tax collections in New York State grew by 49.2 percent, or just over $1.6 billion, in the second quarter of 2021 compared to the same period last year, a dramatic increase from last year’s weak collections during the first wave of the COVID-19 pandemic. Even so, when compared to pre-pandemic levels, the second quarter of 2021 was still strong – up 8.7 percent, or $396 million, above the same period in 2019.

Regional Table [.xlsx]

Budget & Finances, Economy

July 2021 —

Personal income in New York State has surpassed pre-pandemic levels; while this is a positive development, there are two causes for concern. First, growth is primarily due to transfer receipts paid to New Yorkers from the government, which account for more than 20 percent of personal income. Second, earnings in seven industrial sectors, including the leisure and hospitality sector that was hardest hit during the pandemic, have not yet returned to pre-2020 levels.

Education

June 2021 —

In 2020, OSC completed 10 audits of preschool special education providers' expenses submitted to SED. These audits cumulatively identified over $4.4 million in recommended disallowances, or more than 3 percent of the total claimed expenses of $139.3 million for the audit period.