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Economic and Fiscal Profile: City of Corning, New York

Corning has stable finances and has been successful in fostering economic development.

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Local Sales Tax Collections Increased by 1.4 Percent in the Third Quarter of 2024

Local government sales tax collections in New York State totaled $5.98 billion in the third calendar quarter of 2024, up 1.4 percent (or $82.7 million) compared to the same quarter last year. Statewide local collections this past quarter continued a general trend of declining growth that followed a post-pandemic spike. In fact, the third quarter’s 1.4 percent growth was the lowest quarterly year-over-year increase following the pandemic-induced declines. New York City collections grew by 1.1 percent in the third quarter, while the counties and cities throughout the rest of the State, in aggregate, experienced 1.5 percent growth, year over year. | Regional Table [xlsx]

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Colorful Buildings in Geneva, NY.

Fiscal Stress Monitoring System – Municipalities: Fiscal Year 2023 Results

This snapshot highlights the results for counties, cities, towns and villages that reported for local fiscal years ending (FYE) in 2023. Overall, the number of local governments designated in fiscal stress remained at historic lows in FYE 2023. Included in this report is an analysis of environmental stress indicators, including population decline and reliance on State and federal aid. | Fiscal Stress Monitoring System Statistics

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Car on a bridge in the Hudson Valley, NY.

The Condition of Locally Owned Bridges in New York State

This report focuses on the condition of local bridges using data from the Federal Highway Administration’s National Bridge Inventory. New York has made progress in recent years. Since 2017, the share of local bridges in poor condition has fallen from 12.1 percent to 10.0 percent. The federal Infrastructure Investment and Jobs Act (IIJA) has directed federal funds to a variety of infrastructure projects, including bridge projects. The IIJA created the Bridge Formula Program, which provides $2.0 billion in federal funding for New York bridges from federal fiscal years 2022-2026. New York State’s Bridge NY program facilitates federally funded local bridge projects. Since 2016, Bridge NY has funded more than 800 projects with a total investment of nearly $1.7 billion. For county-level bridge data across the State, see our interactive map | download data [xlsx].

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New Official Guide

New Official Quick Start Guide

The Comptroller's Division of Local Government and School Accountability provides essential support to these officials to keep operations and services running smoothly for New Yorkers. If you’re a new local government official, complete the five tasks in this guide to get started in your new role.

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