The pandemic and its fiscal aftermath have given rise — temporarily — to a state budget trend unique in New York’s history. Read More
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