New York State Budget Analysis and Financial Reporting
State Comptroller DiNapoli provides independent monitoring, oversight and analysis of the State's fiscal position. He regularly issues reports on budget and policy issues, economic trends, and financial reports.
Open Book New York
SEARCH MILLIONS OF STATE AND LOCAL GOVERNMENT FINANCIAL RECORDS
New Yorkers deserve to know how their tax dollars are spent. Open Book New York provides comprehensive financial data on State contracts, payments, spending and more.
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COVID-19 Relief Program Tracker
BILLIONS IN NEW FEDERAL DOLLARS FLOWING TO NEW YORK
This tool monitors spending of federal recovery aid and COVID-19 relief programs in the State. The dashboard explains each federal and State program, and how much has been received and spent to date. The data will be updated monthly and New Yorkers can use the tool to understand how federal aid is used and to inform future conversations about budget priorities.
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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.
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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.
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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.
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Homeownership Rates in New York
NY's Homeownership Rate Lowest in the Nation
Homeownership can provide economic benefits, but New York State has the lowest homeownership rate in the nation, driven by low rates in New York City. New York also has a racial and ethnic ownership disparity that is higher than the rest of the country. Reducing inequities in real estate practices and boosting homeownership should be important priorities for maintaining New York’s competitiveness as a place of opportunity.
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Employee Ownership of Businesses in New York State
New York’s Employee Stock Ownership Plans Lead Nation in Assets
Employee ownership (EO) arrangements provide employees with a defined stake in the companies they work for and can impact business owners and individual workers positively. This report examines the prevalence of employee-owned firms in New York and provides options for policymakers to consider for educating businesses, workers, and communities on the benefits and drawbacks associated with EO.
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Household Debt in New York State
New York Has Fourth Highest Household Debt in Nation
New Yorkers and consumers across the nation are experiencing growing household debt. The average household debt in New York climbed to a new high of $53,830 at the end of 2021. While New Yorkers trail the national average debt burden ($55,810), student loan and credit card debt per capita were well above the national average, with student loan balances 335% higher than they were in 2003.
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New York’s Agriculture Industry: A Resilient Part of State and Local Economies
ECONOMIC AND POLICY INSIGHTS
The agriculture industry supports jobs and communities throughout New York State. The COVID-19 pandemic and economic shutdown led to job losses across almost all industries in New York, but the agricultural sector proved to be among the most resilient, losing just 1 percent of jobs in 2020 compared to a statewide annual employment loss of 8.7 percent. Both employment and wages in the farming sector grew in 2021 to reach new highs.
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