DiNapoli: Projected N.Y. spending estimated to outpace expected revenues

DiNapoli: Projected N.Y. spending estimated to outpace expected revenues

The comptroller said much of the state’s spending growth stems from Medicaid spending.

DiNapoli Warns of $27.5B Budget Gap in Proposed ’27 Executive Budget

State Comptroller Thomas DiNapoli is cautioning that New York's proposed State Fiscal Year 2027 Executive Budget would put the state on a spending path that outpaces revenue growth, leading to projected cumulative budget gaps of $27.5 billion through SFY 2030. In a new analysis, DiNapoli [...]