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 2025-26.
The Office of the State Comptroller has created this tool to document State and City emergency spending related to people seeking asylum. The data will be updated monthly and are available for download.
In a turnaround from the fiscal crisis it faced a year ago, the Metropolitan Transportation Authority (MTA) today stands on firmer financial ground, largely because the State budget provided dedicated sources of revenue to close projected budget gaps. With this improved financial picture, the burden is now on the MTA to improve the region’s transit system and win riders back, while keeping its budget balanced.
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, 2022.
The Annual Comprehensive Financial Report for the State of New York for the fiscal year ended March 31, 2022.
As State policymakers responded to the challenges of the COVID-19 pandemic and accompanying volatility in the State’s finances, New York ended the State Fiscal Year (SFY) 2021-22 budget on stable ground.
The Annual Comprehensive Financial Report for the State of New York for the fiscal year ended March 31, 2023.
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, 2023.
Despite significant uncertainty caused by inflation and other factors, State Fiscal Year (SFY) 2022-23 reflected continuing recovery from COVID-19 and economic growth.
This snapshot highlights the results for counties, cities, towns and villages that reported for local fiscal years ending (FYE) in 2022. Overall, the influx of federal pandemic relief aid, as well as robust sales tax revenues, were significant factors in lowering many municipalities’ fiscal stress scores in FYE 2022, especially for non-calendar year entities. Included in the report is an analysis of the 10 years of data collected since the launch of the system, focusing on what has been learned over the past decade.
