This year’s Executive Budget contains important new proposals including tuition-free access to higher education for thousands of additional students, and increased investment in clean water for New Yorkers.

This year’s Enacted Budget for New York State provides increased resources for education, clean water, affordable housing and other essential programs. The Budget also enacts important policy changes, including raising the age of criminal responsibility and taking other steps to improve the State’s justice system.

As our nation enters its ninth year of economic expansion, New York State faces some signs of increasing fiscal challenges.

Receipts from All Governmental Funds (All Funds) totaled $76.6 billion through the first half of the fiscal year, an increase of $1.5 billion or 2 percent over the same period in SFY 2016- 17.

This Report on Estimated Receipts and Disbursements for State Fiscal Year (SFY) 2017-18 through SFY 2019-20, issued pursuant to Section 23 of the State Finance Law, is intended to enhance analysis and discussion of the State’s economic condition and the State Budget.

The federal government has long been a key partner in New York State’s efforts to deliver essential public services.

Each year, thousands of New Yorkers take the opportunity, while paying their State taxes, to support a variety of charitable purposes through the State’s personal income tax check-off programs.

The State Budget determines how much can be spent in various program areas and how the necessary revenue will be raised. In recent years, annual budgets have increasingly become broader policy-making documents.

In governmental budgeting, there can sometimes be a tendency to focus on the short term. At any level of government, taxpayers and those who depend on public services can suffer if officials don’t ensure a strong financial foundation for the long term as well.

This Report on Estimated Receipts and Disbursements for State Fiscal Year (SFY) 2018-19 through SFY 2020-21, issued pursuant to Section 23 of the State Finance Law, is intended to enhance analysis and discussion of the State’s economic condition and the State Budget.