DiNapoli Calls for Long-Needed State Debt Reform
New York state has one of the nation’s highest debt levels, largely because measures to restrict the excessive use of debt have been circumvented over the years in state budgets.
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New York state has one of the nation’s highest debt levels, largely because measures to restrict the excessive use of debt have been circumvented over the years in state budgets.
Last month, the New York State Division of the Budget released an updated economic forecast (First Quarterly Update to the FY 2023 Enacted Budget Financial Plan), which revises the...
The New York State Division of the Budget released an updated economic forecast (First Quarterly Update to the FY 2023 Enacted Budget Financial Plan).
Governor Hochul Announces Update to State Budget Financial Plan Reflecting Changes to the National Economic Outlook @GovKathyHochul @NYGov
After two years of extraordinary volatility in state finances, the State Fiscal Year (SFY) 2022-23 Enacted Budget Financial Plan from the Division of the Budget projects fiscal stability for the next five years and includes plans to bolster rainy day reserves significantly.