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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

DiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings

Higher-than-projected revenue and cost-saving initiatives have helped New York City’s fiscal year (FY) 2024 budget generate a projected year-end surplus of $3.9 billion that will be used to prepay expenses for the next fiscal year, helping the city balance its FY 2025 executive budget, according

DiNapoli Releases Annual IDA Report

New York's local Industrial Development Agencies (IDAs) reported 4,320 active projects with a record high total value of $132 billion in 2022, an increase of $5 billion (3.9%), from 2021, according to State Comptroller Thomas P.

DiNapoli Releases Analysis of SFY 2024-25 State Budget

The estimated $237 billion Enacted Budget for State Fiscal Year (SFY) 2024-25 increases spending for vital state services like Medicaid and school aid and includes new funding and policy changes to spur the creation of much needed housing, but the state’s financial outlook includes several risks,

State Contract and Payment Actions in March

In March, the Office of the State Comptroller approved 2,095 contracts for state agencies and public authorities valued at $52.1 billion and approved more than 3.6 million payments worth more than $33.1 billion.