Reports

New York added more jobs in the past two years than previously reported, according to revised data from the New York State Department of Labor.

Cost containment actions in the State Fiscal Year (SFY) 2011-12 Enacted Budget, including spending caps for State-funded Medicaid and school aid, have greatly reduced the structural deficit that has long plagued the State.

The Tuition Assistance Program (TAP) is among the nation’s largest state‐ sponsored, need‐based grant programs for student aid.

An era of tight budgets has sparked renewed interest in reducing government costs and identifying ways for State agencies to function more cost effectively. To help identify opportunities to achieve more efficient State operations, the Office of the State Comptroller has prepared this statistical overview of overtime use by State agencies over the past five years.

As Chief Fiscal Officer for the State of New York, the Comptroller annually examines the Executive Budget proposal and the Enacted Budget, as well as issues monthly reports on the State’s cash position. This report provides an analysis of the State Fiscal Year (SFY) 2012-13 Executive Budget.

In the past two years, New York State has regained 46 percent of the jobs lost during the recession, but not all parts of the State have benefited equally.

The Office of the State Comptroller maintains extensive data on receipts and disbursements, which reflect the flow of revenues and expenditures through the State’s Central Accounting System (CAS).

This Report on Estimated Receipts and Disbursements for State Fiscal Year (SFY) 2011-12 through SFY 2013-14, issued pursuant to Chapter 1 of the Laws of 2007, is intended to facilitate continuing discussion of the State’s economic condition and the State Budget.

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, 2011.

New York State has shown resilience in challenging times. While New Yorkers have been hit hard by the Great Recession, our past investments in infrastructure, facilities for culture, education and recreation, a well-educated workforce, innovative businesses, progressive human services organizations, and a world-leading financial sector provide a sound foundation for a return to prosperity.

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2011.

In 2010-11, vendors were paid interest totaling $1,398,859, representing an increase of $486,799, or more than 53 percent, above the prior year. 

For many years, budgets in New York State, in addition to being enacted after the start of the fiscal year, have been characterized by overly optimistic revenue estimates, unrealistic spending targets, and excessive reliance on temporary or non-recurring revenues.

The economic recovery took hold in New York in 2010, but it has been slow, and not all regions of the State have benefited equally.

The federal government has been operating under Continuing Resolutions since the start of the new federal fiscal year that began October 1, 2010. Despite ongoing efforts between the President and Congress to reach agreement on a federal budget, taxpayers face the threat of the first federal government shutdown since 1996.

The number of Hispanic-owned businesses in New York State totaled 193,200 in 2007, the latest year for which data are available. This represented an increase of 85.4 percent compared with the 1997 level, or nearly three times the rate of growth in the total number of businesses in the State. 

Spanish

The budget process for State Fiscal Year (SFY) 2011-12 is well underway, with several milestones reached. On March 1, the Executive and the Legislature reached consensus on an economic and revenue forecast for the current year and the next, and on March 3, the Executive submitted final amendments to the proposed budget.

The State Fiscal Year (SFY) 2011-12 Executive Budget makes significant progress in addressing the State’s structural deficit by bringing recurring spending into better alignment with recurring revenue.

Programs focused on children who are at risk of becoming delinquent have demonstrated effectiveness in preventing young people from ever entering the juvenile justice system.

New York State Comptroller Thomas P. DiNapoli issued an Executive Order on Energy and the Environment on September 13, 2007 that established the goals and structure of a Green Initiative for the New York State Office of the State Comptroller (OSC).