Local sales tax collections in New York State increased by 2.5% in October compared to the same month in 2022.

Regional Table [.xlsx]

New York City Health + Hospitals (H+H) is the largest municipal public health system in the country and the City’s largest provider of care to Medicaid patients, mental health patients, and uninsured patients. This brief highlights the latest issues confronting H+H, including operations after the public health emergency, the asylum seeker and migrant response, funding and nurse staffing.

The New York City Housing Authority (NYCHA), the nation’s largest public housing authority, is also the City’s largest landlord (maintaining 7.1 percent of all rental apartments) and its greatest source of affordable housing, with 177,569 apartments in its portfolio. This brief highlights the latest issues confronting NYCHA, including declining rent collections, capital needs, maintenance issues, and more.

The Department of Education (DOE) is the largest public school system in the nation. This brief highlights the latest issues confronting DOE, including unbudgeted spending on enrolled children of migrants and asylum seekers, the declining enrollment of K-12 students since the pandemic, the State's mandate on lowering class sizes, and more.

New York has led the nation in reducing the number of homeless veterans – largely driven by success in New York City. Between 2010 and 2022, the number of homeless veterans in the State fell by 83 percent. Robust federal funding has supported the programs to achieve the reductions.

The Office of the New York State Comptroller developed a tool that displays performance indicators, staffing levels and spending commitments assigned to a New York City service since January 2020. While there are many factors that affect service demand and provision, the tool can provide some insight on existing operational or budgetary phenomena or the emergence of potential risks to the City’s budget and the provision of certain services.

The Office of the State Comptroller prepares this report as part of the "Quick Start" process established in the State Finance Law. The report includes revenue and spending projections through SFY 2025-26.

The Office of the State Comptroller has created this tool to document State and City emergency spending related to people seeking asylum. The data will be updated monthly and are available for download.

Economic indicators show New York City’s economy is recovering from the depths of the pandemic, with the City accounting for three-fifths of the State’s total wages and its sales tax collections rising to 43% of total statewide collections, nearing pre-pandemic levels. This reference document includes major demographic, economic and fiscal indicators that highlight New York City’s contribution to the State. The economic recovery of New York State is ultimately reliant on the continued return of population and business activity in New York City.