This report focuses on the condition of local bridges using data from the Federal Highway Administration’s National Bridge Inventory. New York has made progress in recent years. Since 2017, the share of local bridges in poor condition has fallen from 12.1 percent to 10.0 percent. The federal Infrastructure Investment and Jobs Act (IIJA) has directed federal funds to a variety of infrastructure projects, including bridge projects.
The Times Union published an op-ed from New York State Comptroller Thomas P. DiNapoli today on the shortcomings of the Olson Group’s COVID-19 report and the need for an independent commission to review the state’s pandemic response. The full op-ed is below:
One in 10 locally owned bridges in New York state is rated in poor condition, according to a report released today by State Comptroller Thomas P. DiNapoli. The estimated cost for work needed on local bridges in the state in 2023 was approximately $29 billion, according to the U.S. Department of Transportation, Federal Highway Administration (FHWA) data.
New York State is a leading agricultural state with 36,300 farms that produced $4.7 billion in products in 2010. New York ranks among the largest producers in the nation for some products, including ranking second in wine production.
State Fiscal Year 2023-24 was another productive year for the Office of Unclaimed Funds, returning $504 million to rightful owners.
New York’s Clean Energy Fund (CEF), established in 2016 to help New York reach its clean energy goals, has made good progress on reaching its goals for distributed solar capacity and leveraged funds, but is behind in meeting its energy efficiency targets for 2025, according to a report from New York State Comptroller Thomas P. DiNapoli. Since 2016, the CEF spent $3.4 billion through 2023 and has achieved 45% of its total efficiency goals.
New York’s financial outlook is in a relatively stable position, but continues to have a structural budget deficit, with a cumulative three-year budget gap of $13.9 billion forecasted by the Division of the Budget. Action is needed to align projected state spending with revenues and address factors that challenge the state’s finances, economic competitiveness, and ability to offer services effectively over the long term.
New York’s financial outlook is in a relatively stable position, but continues to have a structural budget deficit, with a cumulative three-year budget gap of $13.9 billion forecasted by the Division of the Budget (DOB), according to a report by State Comptroller Thomas P. DiNapoli on the State Fiscal Year (SFY) 2024-25 Enacted Budget Financial Plan.
The Public Service Commission (PSC) and the New York State Energy Research and Development Authority (NYSERDA) have taken considerable steps in planning for New York State’s transition to renewable energy but must take stronger action to meet the state’s clean energy goals, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
State tax receipts totaled $29.9 billion through the first quarter of State Fiscal Year (SFY) 2024-25, $594 million higher than estimates released by the Division of the Budget (DOB) in the Enacted Budget Financial Plan. In addition, collections were $2.2 billion higher than those through June 2023, according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
