Admin

New York’s Balance of Payments in the Federal Budget – Federal Fiscal Year 2023, April 2025

For the fourth year in a row, federal pandemic relief funds resulted in New York having a positive balance of payments with Washington. For every tax dollar New York paid to Washington in Federal Fiscal Year 2023, the State received $1.06 in return; the national average was $1.32. New York’s balance of payments was $912 per capita, ranking New York 42nd among states. This report is the ninth in a series by the Office of the State Comptroller that examines the flow of funds between the federal government and the states.

Refunding of State Bonds

Comptroller DiNapoli's Legislative Program

Legislative Session 2023-2024:

Refunding of State Bonds –  A.5833 /S.5442 (Pretlow/Krueger) - Signed as Chapter 102 of the Laws of 2025 –  Removes the three percent limit on the call premium that may be reserved to the state for the purposes of redeeming or refunding state bonds.

Public Posting of Certain Contracts

Comptroller DiNapoli's Legislative Program

Legislative Session 2025-2026:

Public Posting of Certain Contracts – A.6707 (Solages) –  Requires a public listing of certain emergency and exempted contracts, which are otherwise subject to the approval of the State Comptroller.