Reports

This Report on Estimated Receipts and Disbursements for State Fiscal Year (SFY) 2016-17 through SFY 2018-19, issued pursuant to Section 23 of the State Finance Law, is intended to enhance analysis and discussion of the State’s economic condition and the State Budget.

President John F. Kennedy described the United States of America as “a nation of immigrants.” The contributions of these individuals have been vitally important to the economy, society and culture of New York State, and of our entire nation.

This report highlights the Central New York region’s geography, demographics, municipalities, economy and labor markets, and includes a discussion about what the future may hold for the region.

All Funds tax collections totaled $36.9 billion through the first half of State Fiscal Year (SFY) 2016-17, a decline of 3.5 percent, or $1.3 billion, from the first six months of last year.

The role of the securities industry in New York City’s economy has changed since the financial crisis. The industry is smaller after shedding 8 percent of its jobs since 2007, while the rest of the City’s private sector has grown by 17 percent.

Educators tell us that healthier students are better learners. Fresh produce can be an especially important part of a well-balanced diet, and research indicates that children eat more fruits and vegetables when those items are regularly offered.

Consumer interest in organic products has grown in recent years, as reflected by rising sales nationwide—with a 56 percent increase in New York from 2008 through 2014.

This report explains what land banks are, discusses how they can help local governments cope with high concentrations of vacant and abandoned properties and identifies factors that could determine their long-term success. 

The Comprehensive Annual Financial Report for the New York State and Local Retirement System (the System or NYSLRS) for the fiscal year ended March 31, 2016.

On July 27, 2016, the Metropolitan Transportation Authority (MTA) released a preliminary budget for 2017 and an associated financial plan (the “July Plan”). The outlook for the MTA’s budget has improved considerably over the past year as it continues to benefit from the economic recovery, and from low energy costs and interest rates.

After closing deep projected budget gaps just a few years ago, New York State’s short-term financial condition has improved. The State’s General Fund ended SFY 2015-16 with an exceptionally large balance, which enhances budgetary flexibility in the near term and is expected to support increased capital investment and other purposes over multiple years.

This report examines and summarizes notable trends in the fiscal scores of all New York counties, cities, towns and villages regardless of their fiscal year end dates, for the period 2013 to 2015.

The Greater Jamaica area in Queens fell on hard times during the 1970s, but has been slowly recovering.

Countless New Yorkers have found higher education the path to a more satisfying and financially secure life. Each year, college graduates, young and not-so-young, embark upon new opportunities that may have been unattainable without the benefits of college and university studies.

The Greater Sunset Park area of western Brooklyn is a dynamic area with residential communities, strong commercial corridors and one of New York City’s largest manufacturing and industrial centers.

September 11, 2001, was a tragic day for the nation, one which will never be forgotten. In New York City, the terrorist attacks took the lives of more than 2,700 people, including hundreds of first responders. There was extensive damage to property and infrastructure, and the economy of the City, and of Lower Manhattan in particular, was shaken.

Chapter 566 of the Laws of 2015, the “Enterprise Fraud, Waste and Abuse Prevention and Detection Act” (Act), codified as State Finance Law § 8-c, was enacted in December 2015 and took effect on April 19, 2016. The Act sets forth provisions for a Statewide electronic system to help detect and prevent waste, fraud, and abuse and the improper payment of public moneys.

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2016.

An economic recession, as the old saying goes, is when your neighbor becomes unemployed—and a depression is when it happens to you. A similar logic applies to economic recoveries: whatever the experts may say about the national outlook, most of us are especially concerned about good jobs and good wages in our own communities.

Total local sales tax collections grew by 1.7 percent or $130 million in the first half of 2016, compared to the first half of 2015.