Tag: Budget

The Hochul Administration has finally released an overdue budget report—which, on first look, shows the state's fiscal outlook virtually unchanged.  Read More

Governor Hochul’s budget office has yet to release the statutorily required mid-year financial plan update of the state’s fiscal outlook. Read More

The state's Essential Plan has generated billions in surpluses as the program automatically drew pandemic relief money that it did not need Read More

A few months into its third fiscal year since the pandemic’s start, New York City’s finances have never looked so flush — and so precarious. Read More

A state court judge at a hearing this morning will consider whether to interfere with New York City authority over its own budget by ordering a preliminary injunction that ices a portion of Gotham’s recently enacted FY 23 city budget. Read More

Historically large budgetary surpluses inherited by Governor Hochul are now just a memory with New York facing projected gaps of $13.7 Billion Read More

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

Recent stock market trends could punch a hole in New York's overstuffed state budget. Read More