New York State Budget Analysis and Financial Reporting

A view of the Empire State Plaza

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.

Search Now

Featured Dashboard

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.

View Dashboard
The NYS capitol at night

State Fiscal Year 2022-23 Enacted Budget Analysis

ENACTED BUDGET SHOWS SHARP GROWTH IN SPENDING

Historic federal aid and better-than-expected revenues allowed for a steep increase in spending in the Enacted Budget. However, sustaining new recurring commitments over a longer time period may be difficult as new economic risks emerge, federal funding is spent down, and temporary tax revenues sunset. Bolstering reserve funds is essential for ensuring services New Yorkers rely on can be preserved through economic challenges and fiscal uncertainties.

Read Report
Shoppers in grand central market in New York City

Inflation in the New York City Metropolitan Area

ECONOMIC AND POLICY INSIGHTS

Accelerating consumer price increases beginning in the spring of 2021 have led to the highest inflation rate in 30 years in the New York City Metropolitan Area. Consumer spending habits have already shifted, and persistent inflation on essential household items, such as housing and food, will limit purchasing power and squeeze household budgets absent stronger wage growth.

Read Analysis
Business people having a discussion.

Despite Progress, Pay Gap for Women Persists

ECONOMIC AND POLICY INSIGHTS

Median earnings for full-time working women in New York were 86 cents for every dollar earned by men in 2019, an annual wage gap of $8,821, as reported by the U.S. Census Bureau. While New York women earn more dollars relative to men than in most other states, women's median earnings continue to lag across occupational groups and other categories.

Read Report
A view of the Capitol building in Washington, D.C.

New York’s Balance of Payments in the Federal Budget

Federal Fiscal Year 2020

Historic relief funds from the federal government, provided in response to the COVID-19 pandemic, boosted New York’s per capita balance of payments from Washington from second-to-last in federal fiscal year 2019 to 40th in 2020. During this period, New York received $1.59 for every tax dollar paid to Washington, an increase from 91 cents from the prior year, but still below the national average of $1.92. 

Read Report
Two engineers walking and examining solar panels with a wind turbine in the background.

Green and Growing: Employment Opportunities in New York's Sustainable Economy

State Must Fund More Training and Development Programs

The number of jobs influenced by the green economy in New York exceeded one million in 2019 and 2020. New York’s efforts to promote sustainability not only encourage the creation of new jobs related to clean energy and energy efficiency, but they can also affect employment more broadly, requiring new skills in existing occupations and increasing demand for others. The State must fund educational and workforce development programs to grow the green economy and help bolster New York’s pandemic recovery.

Read Report
A metal girder bridge

The New York State Dedicated Highway and Bridge Trust Fund: At a Crossroads

Money Earmarked for Highway and Bridge Infrastructure Siphoned Off

While the Trust Fund was intended to provide a reliable, dedicated stream of funding for the State’s transportation projects, it long ago ceased to serve this purpose and is now largely devoted to repaying past borrowings and supporting current operating costs. 

Read Report
A hallway in a prison

New York State’s Aging Prison Population

SHARE OF OLDER ADULTS KEEPS RISING

New York State’s prison population declined by half from March 2008 to March 2021. However, the number of older incarcerated individuals increased marginally over the same period. This report examines the factors contributing to the population change and the impact of medical costs of aging incarcerated individuals.

Read Report

For questions, contact us [email protected]