New York State Budget Analysis and Financial Reporting
State Comptroller DiNapoli provides independent monitoring, oversight and analysis of the State's fiscal position. He regularly issues reports on budget and policy issues, economic trends, and financial reports.
Open Book New York
SEARCH MILLIONS OF STATE AND LOCAL GOVERNMENT FINANCIAL RECORDS
New Yorkers deserve to know how their tax dollars are spent. Open Book New York provides comprehensive financial data on State contracts, payments, spending and more.
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COVID-19 Relief Program Tracker
BILLIONS IN NEW FEDERAL DOLLARS FLOWING TO NEW YORK
This tool monitors spending of federal recovery aid and COVID-19 relief programs in the State. The dashboard explains each federal and State program, and how much has been received and spent to date. The data will be updated monthly and New Yorkers can use the tool to understand how federal aid is used and to inform future conversations about budget priorities.
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Missing School: New York’s Stubbornly High Rates of Chronic Absenteeism
NEARLY 1 IN 3 STUDENTS WERE CHRONICALLY ABSENT FROM SCHOOL
Chronic absenteeism rates among New York public and charter school students increased sharply as schools transitioned back to in-person learning after the COVID-19 pandemic subsided and remained high with nearly one in three students chronically absent during the 2022-23 school year. The rates were highest for high school students at 34.1%, 7.6 percentage points higher than elementary and middle school students.
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Economic Impact: Higher Education
Economic and Policy Insights
Higher education institutions provide tremendous value to New York’s local economies and the State’s overall economic health through employment, wages, student spending, and more. The sector employed over 296,000 people in 2023, paying wages of around $26.5 billion, but still has over 13,000 fewer jobs than in 2019. Maintaining a vibrant higher education system is critical to New York’s future.
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The Concerning Growth of Hate Crime in New York State
Economic and Policy Insights
New York State has seen a surge in hate crimes over the last five years with 1,089 reported instances in 2023, marking the highest number since data collection and annual reporting were mandated by New York’s Hates Crimes Act of 2000. As the number of hate crimes has grown, these crimes are increasingly targeting people rather than property, with most attacks against Jewish, Black and Gay Male New Yorkers.
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New York State’s Clean Energy Fund
Economic and Policy Insights
New York’s Clean Energy Fund (CEF), established in 2016 to help New York reach its clean energy goals, has made good progress on reaching its goals for distributed solar capacity and leveraged funds, but is behind in meeting its energy efficiency targets for 2025. Since 2016, the CEF spent $3.4 billion through 2023 and has achieved 45% of its total efficiency goals.
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Welcome Back to New York: An Analysis of Post-Pandemic Travel
Industry Job Recovery Uneven Across State
The tourism industry’s post-pandemic recovery is uneven across the State, with Long Island nearly at full recovery of jobs lost while the North Country and Mohawk Valley are struggling to regain their footing. Visitors flocked to outdoor destinations, with attendance at State parks 9.1% higher in 2023 over 2000, while jobs are still 4.3% below pre-pandemic levels.
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Report on the State Fiscal Year 2024-25 Enacted Budget
Relative Fiscal Stability Provides Opportunity to Tackle State’s Budget Challenges
New York’s financial outlook is in a relatively stable position, but continues to have a structural budget deficit, with a cumulative three-year budget gap of $13.9 billion forecasted by the Division of the Budget. Action is needed to align projected State spending with revenues and address factors that challenge the State’s finances, economic competitiveness, and ability to offer services effectively over the long term.
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Moving in the Wrong Direction: Traffic Fatalities Are Growing in New York State
Economic and Policy Insights
Motor vehicle fatalities in New York State have risen 25.8% since 2019, with fatalities in 2022 at the highest level in a decade, even as the number of vehicle miles travelled, licensed drivers and traffic accidents have declined. State lawmakers recently enacted “Sammy’s Law,” which allows New York City to reduce speed limits in certain “safety zones” that are prone to pedestrian traffic injuries and fatalities. Such discretion could be provided to other local governments looking for ways to make their roads safer.
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