Welcome to the official website of the New York State Division of the Budget. This source of information provides official publications and updates for citizens, state agencies and other government bodies.

The $229 billion FY 2024 New York State Budget reflects Governor Hochul's bold agenda to make New York more affordable, more livable, and safer by making smart, responsible investments in mental health care, public safety, housing, education, climate initiatives, and more.

Jan 21, 2025 · Governor Kathy Hochul today laid out her plans to make New York more affordable and safer as she unveiled the Executive Budget for Fiscal Year 2026. The budget will deliver more than $5 billion in tax cuts, credits and refunds to New York families, while making record investments in education and health care and keeping $21 billion in reserves.

Apr 22, 2024 · Governor Kathy Hochul brokered a historic agreement in the FY 2025 Enacted Budget to address New York’s housing crisis by increasing the housing supply, promoting affordability, strengthening protections for New York renters and homeowners, and combatting bias and discrimination in housing.

FY 2026 New York State Executive Budget (2025-26). Article VII of the New York State Constitution requires the Governor to submit a budget detailing a plan of expenditures and an estimate of revenues for the upcoming fiscal year, bills containing all proposed appropriations and reappropriations, and other legislation needed to implement the Executive Budget.

Jan 16, 2024 · Health Care is the largest single expense in New York State’s budget. Governor Hochul is proposing record funding to keep New Yorkers healthy, while also setting the Medicaid program on sustainable long-term fiscal footing.

Enacted Budget Documents for Fiscal Year 2025 (2024-25) published by the Division of the Budget include the Financial Plan, the Capital Program and Financing Plan, and Aid to Localities and School Districts.

Apr 21, 2024 · What is in the New York state budget? Here's some of what the state budget includes: $2.4 billion to fund housing, legal services and health care for migrants in New York City

This graph summarizes the State of New York’s actuals for FY 2024 and Financial Plan projections for FY 2025 through FY 2029. Disbursements include grants to local governments, state operations and general state charges.

Mar 1, 2024 · The Governor and State Legislature recently enacted the New York State Budget for State Fiscal Year (SFY) 2024-25. The Budget continues to support spending for important State services, including School Aid and Medicaid. This Budget also includes notable new appropriations and policy changes intended to spur the production of

Jan 9, 2025 · New York State and its localities remain the leaders in high taxes, collecting more per capita and per $1,000 of State gross domestic product than any other state in the nation. To improve the State’s competitiveness and affordability, recurring tax reductions are needed.

Budget & Actuals Search and download budget estimates and actual spending for the current year and prior years going back to FY 1995. Appropriations Search and download appropriations, re-appropriations, and agency workforce levels for …

New York State Assembly. 2024-2025. State Budget. Home Budget School Aid Assembly Budget Proposal Yellow book ... News Releases Assembly Home 2024-2025 Budget. Appropriation Bills. State Operations (A8800-D/S8300-D) Legislature and Judiciary (A8801-A/S8301-A) Debt Service (A8802/S8302) Aid to Localities (A8803-D/S8303-D) Capital Projects (A8804 ...

Apr 15, 2024 · Governor Kathy Hochul today announced a conceptual agreement with legislative leaders on key priorities in the Fiscal Year 2025 New York State Budget.

Apr 20, 2024 · Your One-Stop Guide to the 2024 New York State Budget A version of good cause eviction and new hate crimes are in; new taxes on the wealthy and education cuts are out. Here’s where things landed in this year’s budget.

Mar 11, 2024 · In the coming weeks, New York’s lawmakers will pass a budget that determines how the state will spend over $230 billion in public money. It’s a massive sum, bigger than most countries’ budgets, and outpacing every other state except California.

Jan 11, 2024 · Despite economic conditions brightening, the State faces budget gaps that balloon to a $16.8 billion structural budget gap in fiscal year 2028. State Operating Funds (SOF) spending increased 19 percent over the prior two years, and future spending is …

New York State Budget Analysis and Financial Reporting State Comptroller DiNapoli provides independent monitoring, oversight and analysis of the State's fiscal position. He regularly issues reports on budget and policy issues, economic trends, and financial reports.

The Executive Budget Briefing Book contains the Budget Director’s Message, which presents the Governor’s fiscal blueprint for the FY 2024 fiscal year and explains the State’s Financial Plan. It also includes highlights of major initiatives, and a list of the legislative proposals needed to implement the proposed budget.

2 days ago · From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers. If they take effect, President Trump’s new tariffs on goods from Canada, Mexico and China are likely to result in higher ...

Apr 22, 2024 · Governor Kathy Hochul brokered a historic agreement in the FY 2025 Enacted Budget to address New York’s housing crisis by increasing the housing supply, promoting affordability, strengthening protections for New York renters and homeowners, and combatting bias and discrimination in housing.