Reports

Receipts from All Governmental Funds (All Funds) totaled $76.6 billion through the first half of the fiscal year, an increase of $1.5 billion or 2 percent over the same period in SFY 2016- 17.

Since the 2008 financial crisis, New York City’s economy has become more diversified and less dependent on the securities industry.

It’s been said that the only certain things in life are death and taxes. But when leaders in Washington make sweeping promises about the benefits of “tax reform,” we can be certain of at least one other thing – the need to look very carefully at the numbers.

This report highlights the North Country region's geography, demographics, municipalities, economy and labor markets, and includes a discussion about what the future may hold for the region.

This report summarizes common findings from audits of 161 local government and 7 public authority water systems from January 2012 through May 2017. These audits identify deficiencies in financial management, including consistent overestimation of water revenues, incorrect billing, improper transfer of money between water and other funds, and insufficient internal controls and long-term planning. Many audits have also found other problems in water system operations, including significant losses as water travels from its sources to its users.

Bridges are structures of chronic concern, both because of the degree to which we rely on them and the risks they pose should they fail. This report offers a quick look at New York’s bridges, including those in New York City. In 2016, 11 percent of all New York bridges were structurally deficient, according to federal standards. Bridges owned by New York’s local governments and authorities are more likely than State-owned bridges to be structurally deficient (12.8 percent compared to 9.0 percent).

Interactive Data

As the President and Congress push for changes on both the spending and revenue sides of the federal budget, the stakes for New York State are high.

Excel file with supporting data

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, 2017.

The Fiscal Stress Monitoring System (FSMS) annually assesses fiscal stress in local governments and school districts. This report examines and summarizes notable trends in the fiscal scores of all 1,595 New York counties, cities, towns and villages regardless of their fiscal year end dates, for the period 2013 through 2016. 

New York State’s short-term financial condition has improved in recent years, but concerns are on the horizon. As the United States enters its ninth year of economic expansion, New York faces increasing fiscal challenges. The State’s latest financial projections contain projected budget gaps in the next three fiscal years that average more than $5.9 billion annually before potential gap-closing actions.

Bedford-Stuyvesant is one of the many neighborhoods in Brooklyn to experience a resurgence. In the past 15 years, the population has grown by one-quarter and now exceeds 150,000 people.

The technology sector in New York State has grown rapidly since the end of the Great Recession, adding more than 57,000 jobs.

How is the economy treating New Yorkers? Monthly governmental reports on employment tell us how many jobs have been added or lost, and which industrial sectors are expanding or shrinking.

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2017.

Data analytics involves collecting, organizing and analyzing large sets of data. It can be used for many purposes. At the Office of the State Comptroller (OSC), it holds potential for building on the agency’s record of detecting and preventing fraud, waste and abuse in State government contracting and spending.

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

For the first half of calendar year 2017, local sales tax collections were $8.0 billion, a 3.3 percent increase over the same period last year. This is a slight improvement over the last several half-year periods. Economic factors supporting these results include continued low unemployment and high consumer confidence. Sales taxes were also boosted by growth in collections from sales of motor fuels.

On June 6, 2017, the City of New York adopted a budget for fiscal year 2018, the earliest the City has adopted a budget since 1992. The next day, the City submitted a modification to the FY 2017 financial plan and a new four-year financial plan covering fiscal years 2018 through 2021 (“the June Plan”) to the New York State Financial Control Board. The June Plan reflects the adopted budget for FY 2018 and other technical changes.

As our nation enters its ninth year of economic expansion, New York State faces some signs of increasing fiscal challenges.

Federal aid is a critical component of local government revenues. Proposed changes to federal education policy, expanded military spending and the Executive Order declaring "sanctuary jurisdictions" ineligible for some federal grants could also affect New York's local governments. This report and the accompanying interactive data use information reported by local governments to help local officials and citizens understand how they could be affected by such changes.