This report examines the recent history of school aid, highlighting the opportunities and challenges presented by this year’s budget. The first section looks at aid from the school district perspective, followed by a discussion in the context of New York’s overall budget.
This brief focuses on prolonged foreclosure activity in New York State and the challenges facing local governments and communities in the wake of the foreclosure crisis.
This report provides an analysis of annual financial data reported to the Office of the State Comptroller and the Authorities Budget Office by IDAs for fiscal year 2014, discusses regional impacts and highlights a new law championed by Comptroller DiNapoli, which increases transparency in IDA operations.
Economically, the Mid-Hudson region is relatively prosperous: county median incomes and property values are both well above the State and national averages as are the costs of living and doing business there. Current unemployment is below 5 percent in most of the counties, with a significant number of residents commuting to New York City. Recent economic development efforts have focused on attracting biotechnology and other high-tech manufacturing and on activities that take advantage of the region’s extensive road systems and generally well-developed infrastructure.
Total local sales tax collections grew by 1.7 percent or $130 million in the first half of 2016, compared to the first half of 2015.
This report examines and summarizes notable trends in the fiscal scores of all New York counties, cities, towns and villages regardless of their fiscal year end dates, for the period 2013 to 2015.
This report explains what land banks are, discusses how they can help local governments cope with high concentrations of vacant and abandoned properties and identifies factors that could determine their long-term success.
This report highlights the Central New York region’s geography, demographics, municipalities, economy and labor markets, and includes a discussion about what the future may hold for the region.
The Fiscal Stress Monitoring System (FSMS) annually assesses fiscal stress in local governments and school districts. This is the fourth annual FSMS scoring of school districts, showing results for the four school years through 2015-16.
While total local sales tax collections in New York State grew by only 0.7 percent in 2016, the modest increase was largely due to a multiyear correction that inflated New York City's 2015 collections. After adjusting for this correction, total local growth was about $357 million over the prior year, or about 2.3 percent.
