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Review of the Financial Plan of the City of New York, December 2022
New York City’s fiscal year (FY) 2023 budget is projected to rise to $109.4, after transfers, but City finances could come under pressure amid a slowing economic recovery and an increase in demand for City services.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-14-2023.pdfReview of the Financial Plan of the City of New York - February 2023
The City’s Fiscal Year 2024 Preliminary Budget balances the coming fiscal year’s budget and shows continued short-term improvement in the City’s fiscal profile.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-16-2023.pdfReview of the Financial Plan of the City of New York, March 2022
Over the last two years, New York City has grappled with a catastrophic public health crisis along with multiple economic and social disruptions arising from the COVID-19 pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-19-2022.pdfReview of the Financial Plan of the City of New York, May 2022
The release of New York City’s $99.7 billion Fiscal Year (FY) 2023 Budget - $104.9 billion when adjusted for surplus transfers - and Financial Plan (the “April Plan”) signifies a remarkable fiscal turnaround since the adoption of the FY 2022 budget in June 2021.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-4-2023.pdfReview of the Financial Plan of the City of New York, June 2021
For over a year, New York City has grappled with a catastrophic public health crisis and multiple economic and social disruptions arising from the COVID-19 pandemic.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-5-2022.pdfReview of the Financial Plan of the City of New York, February 2021
The economic, social and budgetary fallout from the COVID-19 pandemic in New York City has been unprecedented, while the loss of life has been unimaginable.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-11-2021.pdfReview of the Financial Plan of the City of New York - July 2012
One year ago, New York City projected a budget gap of $4.6 billion for FY 2013 and out-year gaps that reached $4.9 billion.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-4-2013.pdfReview of the Financial Plan of the City of New York - June 2011
New York City’s May 2011 financial plan projects a surplus of $3.2 billion for FY 2011.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-4-2012.pdfReview of the Financial Plan of the City of New York - July 2008
Last summer the subprime mortgage crisis sent shockwaves through the national and local economies.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-4-2009.pdfReview of the Financial Plan of the City of New York - August 2017
On June 6, 2017, the City of New York adopted a budget for fiscal year 2018, the earliest the City has adopted a budget since 1992.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2018.pdfReview of the Financial Plan of the City of New York - August 2016
The City of New York submitted a four-year financial plan covering fiscal years 2017 through 2020 to the New York State Financial Control Board.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2017.pdfReview of the Financial Plan of the City of New York - August 2015
The City of New York submitted to the New York State Financial Control Board a four-year financial plan covering fiscal years 2016 through 2019.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2016.pdfReview of the Financial Plan of the City of New York - June 2012
New York City adopted a balanced budget for FY 2012, but projected a budget gap of $4.6 billion for FY 2013, and even larger gaps for subsequent years.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2013.pdfReview of the Financial Plan of the City of New York - June 2010
The worst recession since the Great Depression appears to be coming to an end, but it has cost the nation 8.4 million jobs.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2011.pdfReview of the Financial Plan of the City of New York - July 2007
New York City’s economy has remained strong during the first half of calendar year 2007, continuing to build on the impressive gains made in 2006.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2008.pdfReview of the Financial Plan of the City of New York - March 2010
The nation is slowly emerging from the worst recession since the Great Depression, but the recovery is expected to be slow and uneven.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-23-2010.pdfReview of the Financial Plan of the City of New York - June 2018
The City of New York released a modification to its financial plan for FY 2018 and a new four-year financial plan covering fiscal years 2019 through 2022.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-2-2019.pdfReview of the Financial Plan of the City of New York - May 2017
On April 26, 2017, the Mayor released his proposed budget for FY 2018 and the associated financial plan covering fiscal years 2017 through 2021.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-2-2018.pdfReview of the Financial Plan of the City of New York - June 2013
On May 2, 2013, the Mayor released his executive budget for FY 2014 and the associated four-year financial plan.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-2-2014.pdfReview of the Financial Plan of the City of New York - June 2006
New York City’s economy has remained strong in early calendar year 2006 despite higher energy prices and gradually rising interest rates.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-2-2007.pdf