Comptroller flags concerns in quarter-trillion-dollar New York State budget

State Comptroller releases analysis of enacted state budget

NEW YORK — The Enacted Budget for State Fiscal Year (SFY) 2025-26 is projected to total $254 billion, a 5.2% increase in spending at a time when new federal actions on funding and policy may change the relationship between the federal government and states. Actions that have already occurred at the federal level, paired with potential Congressional action, may mean that in the upcoming months New York will see challenges to the recently enacted …

Comptroller flags concerns in quarter-trillion-dollar New York State budget

ALBANY, N.Y. (NEXSTAR) — According to New York State Comptroller Thomas DiNapoli, spending outpaces revenue in the state’s $254 billion budget for the 2025 to 2026 fiscal year. A report released earlier this month and available to read at the bottom of this story evaluates future economic stability—or potential lack thereof—and how the budget came together. Get the latest news, weather, sports and entertainment delivered right to your inbox…