New York State Budget Analysis and Financial Reporting

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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.

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Federal Funding and New York

HOW FUNDING SUPPORTS SERVICES IN NEW YORK

Budget resolutions passed by the 119th Congress will lead to a dramatic restructuring of the federal⁠⁠-⁠⁠state⁠ ⁠relationship. This online resource details the vast array of services that federal funding supports amid the continued uncertainty in Washington over potential cuts for states, including funds for Medicaid and other health programs, education, social welfare, transportation, public protection and other vital programs.

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Personal Income Tax Checkoffs

Disbursements Increasing but Fund Balances Still High

State taxpayers supported worthy causes by contributing to programs through personal income tax checkoffs, but too much money is sitting idle instead of helping nonprofit organizations or research and other efforts. This analysis found that while some of New York’s tax checkoff funds reported increased spending in State Fiscal Year 2026, over half had no spending at all.

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Homelessness Falls Statewide, But Rises in Many New York Regions

Decline driven by NYC, while homelessness Increased in 17 of the state’s 25 regions

New York State’s overall homeless population declined in the past year, even as many communities outside New York City saw troubling increases.

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Report on the Enacted Budget and Financial Plan State Fiscal Year 2027

Projected plan spending to exceed annual receipts, raising concerns

The estimated $277 billion Enacted Budget for State Fiscal Year (SFY) 2027 is an increase of 7% from SFY 2026, with the state Division of the Budget projecting that disbursements will exceed receipts in each year of the Financial Plan, raising questions about long-term fiscal sustainability.

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Taxpayer Migration in New York State

Track who is staying and leaving NY by income

Comptroller DiNapoli has launched a new taxpayer migration dashboard that allows users to track the number of personal income tax filers moving in and out of New York. Using data from the Department of Taxation and Finance, the dashboard provides the latest information on part-year resident tax filers and will be updated annually to allow the public the ability to analyze trends on taxpayers moving into and out of the state each year.

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Waiting for the Bus: Upstate Transportation Systems’ On-Time Bus Performance

Rochester Only Region Exceeding Performance Goals

This report analyzed on-time performance of the four major upstate New York transportation authorities and found inconsistent results. Only the Rochester region exceeded its target for on-time bus performance. Bus services in the Buffalo area and Capital Region showed mixed results in meeting goals, while Central New York does not publish an on-time performance metric.

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family shopping in the produce section of the grocery store

For Many New Yorkers, Incomes Not Keeping Pace with Inflation

Policymakers should consider affordability challenges

According to the U.S. Census Bureau’s American Community Survey 5-year Estimates,  median household income in every county in New York increased from 2019 to 2024. However, adjusting for inflation reveals that for many New York counties, incomes are not keeping pace with expenses, compounding affordability challenges.

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State Parks a Growing Attraction

A Decade of Growth in Park Usage

This report examines the usage and significance of New York State’s park system, managed by the Office of Parks, Recreation and Historic Preservation. Sites saw 86 million visits in 2025. This marks a 10-year increase of 16.7 million visits, (24 percent), or 45,701 more per day, since 2016.

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New York Farms and Farmland Decrease at a Higher Rate Than Nationally in 2025

Rising Costs, Climate Challenges, and Policy Shifts Increase Farm Losses

New York lost 500 farms and 100,000 acres of farmland between 2024 and 2025, according to data released by the U.S. Department of Agriculture in February 2026. While the U.S. also experienced losses in this time period, the 1.6 percent loss of farms in New York was double the national rate of 0.8 percent, and the 1.5 percent decline in farmland was five times the national rate.

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Challenges Facing Small Businesses in New York

Economic and Policy Insights

This report details how vital small businesses are to New York’s economy, generating nearly $1 trillion in sales and revenues with more than 3.7 million employees at over 422,000 establishments in 2023. New York ranked fourth among states in the number of small businesses and third behind California and Florida for its share of small businesses, but trailed the rest of the country in some key metrics, including small business creation and employment.

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Post-COVID Trends in New York's Aging Prison Population

Incarcerated Individuals 50 and Older Increased

The long-term decline in the number of individuals in State prisons has led to a demographic shift towards an older incarcerated population and necessitates increased attention to policies and costs associated with this population. This report reviews demographic changes in New York’s prison population, changes in prison admission trends and recent policy changes that impact the level of incarceration in the State. Careful evaluation of crime trends, rehabilitation and the heightened healthcare costs for this older population is necessary to determine an approach that protects taxpayers and ensures public safety, while also promoting humane care and reducing incarceration wherever possible.

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new york state capitol building

Report on the State Fiscal Year 2026-27 Executive Budget

Federal Actions Continue to Cause Uncertainty for State’s Economy and Finances

This analysis of the proposed Executive Budget warns that the trajectory of projected State spending is estimated to increase at a rate faster than expected revenues, creating cumulative outyear budget gaps estimated by the Division of Budget to total $27.5 billion through SFY 2030 while reserves remain stagnant. Actions taken in Washington, including federal reductions in aid, create increased fiscal strains that are likely to affect the State’s economy, finances and safety net, necessitating increased caution when developing a spending plan. The proposed Budget also limits government accountability by eroding current contract oversight requirements.

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State University of New York system administration building

TAPping in: Is the Tuition Assistance Program Still Meeting Need?

Program Not Keeping Up With Inflation, Tuition Costs

New York’s Tuition Assistance Program (TAP) has not kept pace with inflation or rising tuition costs since the 2008-09 academic year. Undergraduate TAP recipients dropped by 77,000 (21%), with steep declines among two-year programs (45%), private-sector schools (40%), and the lowest income households (38%). Recent State actions to expand eligibility for TAP helped lead to an increase in TAP beneficiaries in AY 2024-25; however, continued attention to the program is critical as students face mounting debt levels and federal support is reduced.

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