Assessment of New York State Thruway Authority Finances and Proposed Toll Increase

Toll Increases Should Be Last Option

Last year the New York State Thruway Authority proposed a multi-year schedule of toll increases to begin in 2024. This report provides a summary of the Thruway Authority’s current and forecasted revenue and expenses, factors that have impacted its finances over the past several years, the toll increase proposal, and considerations to help guide the assessment of the proposal.

A Roadmap for State Debt Reform

Recommends Comprehensive and Binding Limits

New York has one of the nation’s highest debt levels, largely because measures to restrict the excessive use of debt have been circumvented over the years in State budgets. This report identifies policy and fiscal weaknesses that have allowed State debt to grow to troubling levels and offers a roadmap for State debt reform to improve debt affordability and protect New York’s fiscal health.

Public Authorities by the Numbers

Public Authority Debt Ballooned to $329 Billion

This report provides the public detailed information about State and local public authorities and makes recommendations to improve transparency and eliminate use of backdoor borrowing and debt gimmicks that seek to weaken or circumvent debt limits.

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New Yorkers in Need

A Look at Poverty Trends in New York State for the Last Decade

New York had the 13^th highest poverty rate among states in 2021, and has surpassed the national average since 2014. These rates have been persistently higher among some groups, including children; New Yorkers of color, and those with less than a high school education. The COVID-19 pandemic prompted an expansion of the safety net by the federal government that effectively reduced poverty, and some parts of that should be continued. State government should also ensure resources are equitably targeted and a cross-agency focus is maintained to alleviate poverty in a sustained manner.

New York’s Labor Force

Assessing 10-Year Trends and Pandemic Setbacks

New York’s labor force is one of the nation’s largest, but it decreased by 1% between 2011 and 2021 while the rest of the nation increased by 5.1%. DiNapoli’s report assess the pandemic's impact and long-term trends in the workforce, including by age, education level, race and ethnicity, disability, and unionization status. While New York’s labor force is large, diverse and well-educated, attention should be paid to its underlying structure to attract and retain workers.

Report on Estimated Receipts and Disbursements

State Fiscal Years 2022-23 through 2024-25

The Office of the State Comptroller (OSC) prepares this report as part of the “Quick Start” process established in State Finance Law. The report includes revenue and spending projections through SFY 2024-25.

Continuing Crisis: Drug Overdose Deaths in New York

fatalities surged during the COVID-19 pandemic

Drug overdose fatalities surged during the COVID-19 pandemic in New York State, with opioid-related overdose deaths increasing by 68% to nearly 5,000 individuals from 2019 to 2021. The surge is largely due to a sharp increase in deaths from opioids related to illicit fentanyl and similar synthetic opioids. This report outlines long-term trends and recent developments in the battle to save lives from being lost prematurely to substance use disorder.