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Enacted Budget Report: State Fiscal Year 2024-25

The estimated $237 billion Enacted Budget for State Fiscal Year 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. At the State level, certain revenue streams that have been critical to maintaining budget balance are either scheduled to expire or be depleted in the years ahead, meaning current spending levels will be difficult to sustain.

New York Children in Need: The Urgency of Lifting Children Out of Poverty

Nearly one in five New York children live in poverty, and rates are significantly higher in some of New York's largest cities. With the 2021 Child Poverty Reduction Act, New York has set a goal to reduce child poverty by 50% by 2031 and has taken action in recent State budgets. The State and federal government have the solutions to lift more children out of poverty, and policymakers should act with urgency to use them.

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. The office rejected 241 contracts and related transactions valued at $1.7 billion and more than 6,800 payments valued at nearly $25.3 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.

Migrant Tracker - Charts (April 2024)

Google Charts - API