Reports

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.

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.

This report explores publicly available School Safety and Educational Climate (SSEC) data from the New York State Education Department for School Years (SY) 2017-18 through 2023-24. Included is a trend analysis of several “violent and disruptive” incidents (e.g., assault, sexual offenses, weapons possession, bullying, cyberbullying and drug and alcohol incidents), the impact of the SY 2021-22 SSEC incident definition changes for several serious categories, and schools that reported no violent and disruptive incidents. | Download School-Level Data

New York farmers are under increasing economic and financial pressure because of federal policy changes, including higher tariffs, cuts to certain agricultural programs, and stricter immigration enforcement policies. These challenges could diminish farm production, squeeze profits, and lead to higher prices for consumers.

A look back at some of the major accomplishments of the Office of the New York State Comptroller in 2025.  

This listing includes all final audit reports related to State agency and public authority operations issued during the five-year period from October 1, 2019 through September 30, 2022, and is a companion to the 2024–2025 Annual Report on Audits.

This annual report summarizes the results of all the State agency and public authority audit reports issued by the Office of the State Comptroller from October 1, 2024 through September 30, 2025.

The New Yorkers’ Financial Snapshot brings together recent data from national and State sources to provide an overview of household financial health. This snapshot examines key indicators such as income, assets, debt, and financial stress, offering insight into how New Yorkers have fared in recent years and how they compare to national trends.

New York’s young adults — some members of Generation Z (born 1997-2012) and Millennials (born 1981-1996) — are facing a complex economic landscape, including higher unemployment rates, increasing costs, and larger debt burdens, that threatens their financial well-being. Rising household expenses, particularly for food, housing, and transportation, have outpaced growth in income. These conditions raise concerns about the State’s ability to retain its young workforce, critical for sustaining long-term growth.

The Office of the State Comptroller prepares this report as part of the "Quick Start" process established in the State Finance Law. The report includes revenue and spending projections through SFY 2027-28.

The frequency of severe weather in the State is growing, taking a toll on New York’s residents, property and economy. While New Yorkers approved the Clean Water, Clean Air and Green Jobs Environmental Bond Act to support resilience investments, the impacts of climate change are a danger to all Americans and require federal action.

Impacts from the recently enacted federal budget law, upcoming appropriations for federal fiscal year 2026 and executive actions since January 2025 risk undermining the strength and competitiveness of New York’s higher education sector and the social and economic benefits it generates.

This reports analyzes the federal tax provisions enacted under Public Law No: 119-21 and how they may impact New Yorkers. While the bill made permanent many tax changes included in the 2017 Tax Cuts and Jobs Act, it includes new tax breaks for seniors and the working class that are largely temporary. These minimal tax benefits, along with the significant cuts in safety net spending included in the legislation, will put a larger burden on New Yorkers trying to make ends meet.

Due to ongoing economic growth, SFY 2024-25 closed in a stronger-than-expected position, with revenues that were greater than anticipated by the Division of the Budget.

The Annual Comprehensive Financial Report for the State of New York for the fiscal year ended March 31, 2025.

The Annual Comprehensive Financial Report for the New York State and Local Retirement System (the System or NYSLRS) for the fiscal year ended March 31, 2025.

The New York State Legislature amended the State Finance Law in 2015 by adding a new Section 8-c providing for the establishment of a statewide electronic system to help detect and prevent fraud, waste and abuse in government spending and to help avoid improper payment of public funds.

As required by Section 196 of the Navigation Law, the Comptroller prepares an annual report to the State Legislature and the Governor. The report includes: a description of the costs and damages paid by and recovered for the Fund; the monies spent pursuant to Section 186 (including amounts spent for oil spill prevention, training activities and equipment purchased), and the economic and environmental impacts on the State.

As New York’s older population continues to increase and the federal funding that supports them becomes less predictable, understanding demand for services, how funding has addressed unmet needs and the challenges for fully supporting New Yorkers as they age is vital. This report focuses on programs administered by New York State Office for the Aging (NYSOFA), particularly in-home services. State funding for NYSOFA programs increased over 88%, or $114 million, in the New York State budget for State Fiscal Year (SFY) 2025–26 when compared to SFY 2018–19, yet waitlists for programs persist and data reporting makes it difficult to know how many are still left behind and where. The recent shift and reduction in federal support that will likely affect benefits available to many older New Yorkers make this an opportune time to review the major NYSOFA programs and funding addressed in this report.

New York State’s Financial Plan shows a growing structural budget deficit with a cumulative three-year budget gap of $34.3 billion, as forecasted by the Division of the Budget. The gap is up $7 billion since the January release of the Fiscal Year 2026 Executive Budget Financial Plan, and is attributable to downward revisions to the economic forecast and projected revenues, as well as increases in projected spending. When the projected costs of the federal reconciliation bill are added, the gaps as a share of spending are comparable to gap levels last seen in April 2009 during the Global Financial Crisis.