New York Comptroller Analyzes Fiscal 2022 Executive Budget
Citations: Report on the State Fiscal Year 2021-22 Executive Budget As Amended by the Governor
SUMMARY BY TAX ANALYSTS
The New York state comptroller released a report on the state's proposed fiscal 2022 executive budget, noting some positive economic developments in New York's recovery from COVID-19, including higher-than-expected personal income tax revenues and the prospect of additional federal aid, but also warning that the state's finances are still at risk and that "short-sighted" budgetary choices should be avoided.
The comptroller also issued a press release summarizing the major findings of his report.