New York’s $156 billion budget, enacted on April 1, authorizes the state to spend at a rate of $4,947 per second during its 2016-17 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 1986, when the state spent $75.2 billion (2016 dollars).
The Empire Center is a non-partisan, independent think tank based in Albany.
You may also like
NY Schools Plan To Spend Nearly $32K Per Student
New York school districts holding budget referendums next week plan to spend an average of $31,929 per student, according to a new analysis from the Empire Center. Read More
State Budget Proposal Doubles Down on Reckless Spending, Empire Center Says
After Governor Hochul’s budget unveiling this afternoon, Empire Center experts offered their reactions to the latest framework. Read More
Empire Center Issues State Policy Guide
The Empire Center for Public Policy has released a policy guide and briefing book focused on the most important issues confronting New York. Read More
$68 Million in DASNY Pork Projects Range from Recreation to Legislative Drafting
A total of $68 million in grant awards was steered to 276 local projects between November 2021 and March 2022 by the Dormitory Authority of the State of New York Read More
Legislative Spending Unevenly Divided Among Members
Spending by state lawmakers on office personnel and administrative costs varies widely, with some paying out nearly twice as much as others Read More
State of the State Reactions: Will This Bring New Yorkers Back?
The Empire Center for Public Policy offered the following reactions to Governor Hochul’s first State of the State address. Read More
Rec and Restroom Facility Projects Among Fresh DASNY Pork
A total of $87 million in new grants were steered to 174 local projects over the past ten months by Governor Cuomo’s State Dormitory Authority (DASNY) Read More
A Shadowy Non-Profit that Employs One-Fifth of the New York State Health Department Claims To Be Exempt from FOIL
In another blow to transparency in Albany, a non-profit group closely tied to the state Health Department is refusing to publicly disclose its payroll records under the Freedom of Information Law.
(HRI) has funct Read More
Enjoying our work? Sign up for email alerts on our latest news and research.