Reports

As Trustee of the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli is committed to ensuring accountability and the highest standards of ethics, with absolutely no tolerance for self-dealing.

New York State’s prison population has been decreasing, but the number of older inmates has been on the rise.

The system for providing fire protection services throughout New York State can be surprisingly complex. This report will provide an overview of the organization, administration, membership benefits, and common OSC audit findings for fire protection entities.

In 2015, the State’s 109 active Industrial Development Agencies reported projects valued at $88.7 billion, with nearly $700 million in net annual tax exemptions and $11.4 billion in total debt outstanding, including conduit and other debt. They supported 4,484 projects that had created 224,734 jobs from their inception through 2015. 

This report articulates the evolution of the New York State Common Retirement Fund’s (Fund) approach to sustainable investment practices.

Securities industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in New York City’s securities industry increased by 1 percent to $138,210.

On January 24, 2017, the City of New York released a modification to its financial plan (“the January Plan”) covering fiscal years 2017 through 2021. Since the budget was adopted in June 2016, the City has implemented a citywide savings program, freed up unneeded reserves, and recognized unplanned spending and continued weakness in nonproperty tax collections.

The terrorist attacks on September 11, 2001, resulted in the destruction of 13 million square feet of office space at the World Trade Center complex. Since 2001, 38 million square feet of space have been added in New York City, with more than half added in the past five years alone.

New York State requires school districts to report extensive data on their finances, student demographics and outcomes, teachers, school facilities, school climate and other factors. This report offers a regional perspective on some of this data. Looking at the results this way highlights geographic variation in these indicators.  

Interactive Map | Technical Appendix [pdf]

The directory presents and tracks individual agency expenditures by categories such as supplies, equipment, maintenance and repairs, and more.

An overview of the different ways in which public water supplies are provided, regulated and funded in New York State. The report addresses specific concerns facing local governments including funding trends, capital planning practices and the emerging risk areas of contamination and security.

This year’s Executive Budget contains important new proposals including tuition-free access to higher education for thousands of additional students, and increased investment in clean water for New Yorkers.

While total local sales tax collections in New York State grew by only 0.7 percent in 2016, the modest increase was largely due to a multiyear correction that inflated New York City's 2015 collections. After adjusting for this correction, total local growth was about $357 million over the prior year, or about 2.3 percent.

The Fiscal Stress Monitoring System (FSMS) annually assesses fiscal stress in local governments and school districts. This is the fourth annual FSMS scoring of school districts, showing results for the four school years through 2015-16.

In 2016, OSC completed 26 audits of expenses submitted to SED by preschool special education providers. These audits have cumulatively identified about $5.5 million in recommended disallowances, or nearly 3 percent of the total claimed expenses of almost $188 million for the audit period. 

New York’s public authorities carry out a wide range of essential activities. Drive along the Thruway, ride a subway, bus or commuter train, visit a public hospital, or simply turn on a light in a home or office – a public authority may be part of New Yorkers’ daily lives in these ways and many others.

On November 17, 2016, the City of New York released a modification to its four-year financial plan (“the November Plan”) covering fiscal years 2017 through 2020. The November Plan incorporates a number of changes since the budget was adopted in June 2016, including a Citywide Savings Program, higher-than-planned spending and a small reduction in projected tax collections.

The Office of the State Comptroller received 21,381 contract transactions, including both new contracts and contract amendments, valued at $169.2 billion in the 2015 calendar year. The average time from submission to final sign-off was 9.1 days. Approximately 86 percent of these transactions, representing almost 25 percent of the aggregate contract dollar value, were reviewed by OSC in 15 days or less. An additional 9.8 percent, representing an additional 70 percent of the total value of contracts, were processed in 16 to 30 days.

Nonprofit organizations, large and small, provide a multitude of diverse services in health care, education, the arts and other sectors throughout New York State.

This Report on Estimated Receipts and Disbursements for State Fiscal Year (SFY) 2016-17 through SFY 2018-19, issued pursuant to Section 23 of the State Finance Law, is intended to enhance analysis and discussion of the State’s economic condition and the State Budget.