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NYS Comptroller

THOMAS P. DiNAPOLI

Publications: Research Reports

2019

Long Island Region Economic Snapshot [Released 05/01/2019]

Broadly speaking, Long Island residents enjoy a high quality of life, reflected in high median incomes, relatively low unemployment and crime rates, strong public schools, numerous higher education opportunities and many cultural and natural recreational activities. However, the region's population and economic growth comes with challenges, such as traffic congestion and high property taxes. [read the complete Long Island report - pdf]


Foreclosure Update: Signs of Progress [Released 03/07/2019]

Statewide, foreclosure filings fell by 46 percent between 2013 and 2018. Foreclosure rates are highest in the Long Island and the Mid- Hudson regions. Only four counties— Clinton, Putnam, Rockland, and Suffolk— have a foreclosure rate over 1 percent. Other stakeholders are pursuing efforts to reduce harm to local governments and communities caused by “zombie properties.” [read the complete Foreclosure report - pdf]


Sales Tax Growth Strengthens for a Third Year: 2018 Collections Up 5.3 Percent [Released 01/28/2019]

Local sales tax collections in New York State were $17.5 billion in 2018, a 5.3 percent increase over the previous calendar year and the third consecutive year that growth in collections improved. Certain economic factors may be contributing to this improvement--more than 62,000 additional New York residents were employed in 2018, total wages for the first two quarters increased by nearly 5.7 percent compared to the same period in the prior year, consumer confidence has remained high and consumer spending has been mostly steady throughout the year. [read the complete Sales Tax report - pdf]


Fiscal Stress in School Districts: Common Themes for School Year 2017-18 [Released 01/24/2019]

This is the sixth annual release of Fiscal Stress Monitoring System scores. This report summarizes results of school district scores for the 2017-18 school fiscal year (SY) and compares results to SY 2016- 17. Of the 672 school districts in the State evaluated for fiscal stress, 96 percent were not classified in fiscal stress, generally indicating that school districts are managing their challenges in ways that avoid fiscal stress. [read the complete Common Themes for School Year report - pdf]