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The state reported a $7.07 billion budget balance and $1.8 billion in its rainy day fund.
October 16 -
In January 2022, mobile sports betting went live. With a 51% tax rate on gross gaming revenues, New York, Rhode Island and New Hampshire have the highest gaming taxes in the nation.
October 13 -
"Further declines could weaken New York's tax revenue from the securities industry and have repercussions for our state and city budgets," said New York State Comptroller Thomas DiNapoli.
October 12 -
Revenue for the state's fiscal 2024-25 biennium that began Sept. 1 is projected to exceed the enacted budget by nearly $18.3 billion.
October 5 -
Several states enacted school voucher or tax credit laws this year, while Arizona officials grapple with rising costs in its universal program.
October 5 -
Kevin Stitt ordered a special session to put the state on a path to zero income taxes and consider a proposal sparked by a dispute over Native American taxation.
September 25 -
The state managed to grow revenues above forecast for the first two months of the fiscal year despite the delayed tax filing deadline.
September 19 -
The U.S. Court of Appeals for the Eleventh Circuit denied Treasury's motion for en banc review following its January panel decision that rendered the American Rescue Plan Act's Offset Provision "unconstitutionally unascertainable."
September 15 -
The total economic impact from the almost 292 million tourists visiting the Empire State last year was roughly $123 billion.
September 14 -
The state in 2010 sold $1.5 billion of bonds backed by payments from a master settlement agreement with tobacco firms and used the proceeds to pay overdue bills.
September 13