Reports

The fiscal relationship between the federal government and the states has been a topic of debate since the founding of our nation.

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The State’s cash position continues to improve, as illustrated by the $10.7 billion balance in the General Fund through the middle of State Fiscal Year (SFY) 2015-16.

The Comprehensive Annual Financial Report for the New York State and Local Retirement System (the System or NYSLRS) for the fiscal year ended March 31, 2015.

After closing deep projected budget gaps just a few years ago, New York State has continued to improve its short-term financial condition. The State's General Fund ended SFY 2014-15 with its highest closing fund balance in at least two decades, thanks in large part to an extraordinary inflow of one-time resources from financial settlements.

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2015.

New York spent $143.9 billion in State Fiscal Year (SFY) 2014-15 on an All Governmental Funds (All Funds) basis, an increase of $6.4 billion or 4.6 percent from SFY 2013-14.

In the sixth year of national economic recovery, New York State’s short-term financial condition continues to improve.

Medicaid provides health insurance coverage to more than 6 million New Yorkers and is projected to cost a total of $62 billion from federal, State and local sources in State Fiscal Year 2016.

This report by the Office of the State Comptroller on overtime use by New York State agencies examines overtime patterns over the past eight calendar years. The total cost of overtime in calendar year 2014 was more than $661 million for over 15.9 million overtime hours worked.

New York’s Medicaid program is undergoing major changes, with ambitious plans for further modifications just ahead. The State’s efforts to slow spending growth are showing measurable progress, with average beneficiary costs declining while enrollment continues to grow.

The Executive Budget for State Fiscal Year (SFY) 2015-16 was released by the Executive on January 21, 2015. On February 20, the Executive submitted 30-day amendments to the proposed Budget.

As the national economy gains momentum in its sixth year of inconsistent recovery from the Great Recession, New York State's fiscal condition also continues to improve.

Created in 1970, the New York State Department of Environmental Conservation (DEC) is responsible for most of the State’s programs to protect wildlife, natural resources and environmental quality.

This Report on Estimated Receipts and Disbursements for State Fiscal Year (SFY) 2014- 15 through SFY 2016-17, issued pursuant to Section 23 of the State Finance Law (as amended by Chapter 1 of the Laws of 2007), is intended to enhance analysis and discussion of the State’s economic condition and the State Budget.

The State ended the first half of State Fiscal Year (SFY) 2014-15 in an improved cash position, due largely to unanticipated settlement revenues and tax receipts.

The Comprehensive Annual Financial Report for the New York State and Local Retirement System (the System or NYSLRS) for the fiscal year ended March 31, 2014.

New York State has made progress toward aligning revenues with expenditures in recent years by limiting spending growth and holding potential budget gaps to comparatively manageable levels. 

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2014.

The State’s All Governmental Funds tax collections through the first quarter of the 2014-15 State Fiscal Year (SFY) were $1.3 billion higher than projected in this year’s Enacted Budget Financial Plan, primarily due to increased business tax and Personal Income Tax (PIT) collections.

New York State ended State Fiscal Year (SFY) 2013-14 in its strongest financial condition since the Great Recession. Indications of the State’s improved fiscal footing included a $175 million deposit in the Rainy Day Fund, the first since 2008, and General Fund reserves of $2.2 billion, effectively the highest level since the end of SFY 2007-08.