New York’s $142 billion budget, enacted on April 1, authorizes the state to spend at a rate of $4,503 per second during its 2015-16 fiscal year, according to the Empire Center’s updated Spend-O-Meter.
Visitors can see the rate of total state spending translated in realtime segments on the Center’s Spend-O-Meter webpage: EmpireCenter.org/Spend-O-Meter.
“New York state government is spending an enormous amount of money, and the Spend-O-Meter helps put that number into a context people can more easily understand,” said Tim Hoefer, executive director of the Empire Center. “Florida, which has now surpassed New York’s population, spends barely half as much as New York.”
New York’s all-funds budget, which includes revenues from both state and federal sources, has doubled since fiscal year 1985, when the state spent $71.3 billion (2015 dollars).
The Empire Center is a non-partisan, independent think tank based in Albany.
You may also like
What They Make 2026: North Country
What They Make 2026: Mohawk Valley
What They Make 2026: Southern Tier
What They Make 2026: Central New York
What They Make 2026: Finger Lakes
What They Make 2026: Western New York
What They Make 2026: Capital Region
What They Make 2026: Mid-Hudson
What They Make 2026: North Country
- October 21, 2026
What They Make 2026: Mohawk Valley
- October 21, 2026
What They Make 2026: Southern Tier
- October 21, 2026
What They Make 2026: Central New York
- October 21, 2026
What They Make 2026: Finger Lakes
- October 21, 2026
What They Make 2026: Western New York
- October 21, 2026
What They Make 2026: Capital Region
- October 21, 2026
What They Make 2026: Mid-Hudson
- October 21, 2026
