NYS Division of Budget
Andrew M. Cuomo, Governor
Robert L. Megna, Budget Director
Entire Five-Year Financial Plan (PDF, 3.60MB)
The Financial Plan provides greater detail about the budget, including revenue initiatives, savings initiatives, reserves, debt, and more.
| 2008-09 Actuals | 2009-10 Mid-Year Update1 |
2009-10 Revised2 | 2010-11 Executive Proposal |
|
|---|---|---|---|---|
| State Operating Funds Budget2 | ||||
| Size of Budget | $78,168 | $79,970 | $79,182 | $79,927 |
| Annual Growth | 1.5% | 2.3% | 1.3% | 0.9% |
| Other Budget Measures (Annual Growth) | ||||
| General Fund (with transfers) | $54,607 | $54,610 | $54,129 | $54,522 |
| 2.3% | 0.0% | -0.9% | 0.7% | |
| State Funds (Including Capital)3 | $83,146 | $85,505 | $84,639 | $86,149 |
| 2.2% | 2.8% | 1.8% | 1.8% | |
| Capital Budget (Federal and State) | $6,829 | $8,053 | $7,975 | $8,858 |
| 11.4% | 17.9% | 16.8% | 11.1% | |
| Federal Operating | $36,574 | $45,162 | $46,015 | $45,173 |
| 11.1% | 23.5% | 25.8% | -1.8% | |
| All Funds2 | $121,571 | $133,185 | $133,172 | $133,958 |
| 4.8% | 9.6% | 9.5% | 0.6% | |
| All Funds (including “Off-Budget” Capital) | $123,833 | $135,276 | $135,190 | $135,858 |
| 5.2% | 9.2% | 9.2% | 0.5% | |
| Inflation (CPI) Growth | 2.7% | 0.0% | 0.3% | 2.0% |
| All Funds Receipts (Annual Growth) | ||||
| Taxes | $60,337 | $59,383 | $59,839 | $63,213 |
| -0.9% | -1.6% | -0.8% | 5.6% | |
| Miscellaneous Receipts | $20,064 | $21,385 | $22,133 | $21,541 |
| 2.1% | 6.6% | 10.3% | -2.7% | |
| Federal Grants | $38,834 | $48,087 | $49,087 | $48,247 |
| 11.2% | 23.8% | 26.4% | -1.7% | |
| Total Receipts | $119,235 | $128,855 | $131,059 | $133,001 |
| 3.3% | 8.1% | 9.9% | 1.5% | |
| Base Tax Growth/(Decline)4 | -3.0% | -11.0% | -10.5% | 3.1% |
| Combined General Fund/HCRA Outyear Gap Forecast | ||||
| 2009-10 | N/A | ($3,159) | $0 | $0 |
| 2010-11 | N/A | ($6,796) | ($7,418) | $0 |
| 2011-12 | N/A | ($14,775) | ($14,311) | ($6,286) |
| 2012-13 | N/A | ($19,520) | ($18,331) | ($10,488) |
| 2013-14 | N/A | N/A | ($20,713) | ($12,227) |
| Total General Fund Reserves | $1,948 | $1,372 | $1,373 | $1,421 |
| Rainy Day Reserve Funds | $1,206 | $1,206 | $1,206 | $1,206 |
| All Other Reserves | $742 | $166 | $167 | $215 |
| State Workforce (Subject to Executive Control) | 136,490 | 134,698 | 132,517 | 131,906 |
| Debt | ||||
| Debt Service as % All Funds | 4.3% | 4.4% | 4.3% | 4.8% |
| State Related Debt Outstanding | $51,768 | $55,218 | $54,831 | $57,482 |
1 Before impact of any Deficit Reduction Plan (“DRP”) actions.
2 Includes the impact of the DRP approved in December 2009. Gaps assume 2009-10 deficit remaining (after the
DRP) is carried forward into 2010-11.
3 Approximately $1.5 billion in 2009-10 and $1.8 billion in 2010-11 have been added to special revenue fund
receipts and disbursements for the new Metropolitan Commuter Transportation Mobility Tax, a tax which is
collected by the State on behalf of, and transferred in its entirety to, the MTA.
4 Reflects estimated change in tax receipts excluding the impact of Tax Law changes since fiscal year 1986-87.