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Report on theState Fiscal Year 2010-11Enacted Budget
September 2010
Thomas P. DiNapoliNew York State Comptroller  
 
 Additional copies of this report may be obtained from:Office of the State Comptroller Public Information Office110 State StreetAlbany, New York 12236(518) 474-4015
Or through the Comptroller’s website at:www.osc.state.ny.us
 
Please notify the Office of Budget and Policy Analysis at (518) 473-4333 if youwould like your name to be deleted from the mailing list.
 
Table of Contents
EXECUTIVE SUMMARY .......................................................................................................... 1
 
FINANCIAL PLAN OVERVIEW ............................................................................................... 4
 
SFY 2010-11 – Enacted Budget Analysis ..................................................................................... 4
 
General Fund Current Services Gap ............................................................................................. 6
 
Non-recurring or Temporary Resources ........................................................................................ 9
 
Reserves ...................................................................................................................................... 11
 
SFY 2010-11 Sources and Uses of Funds .................................................................................. 11
 
Spending Growth ......................................................................................................................... 13
 
Federal Stimulus .......................................................................................................................... 14
 
Vetoes .......................................................................................................................................... 14
 
Cash Flow .................................................................................................................................... 15
 
Risks to the Financial Plan .......................................................................................................... 16
 
STRUCTURAL IMBALANCE – OUT-YEARS ........................................................................ 20
 
Structural Imbalance: SFY 2011-12 through SFY 2013-14 ......................................................... 20
 
Continuation of a Structural Deficit .............................................................................................. 21
 
Out-year Implications of Vetoes ................................................................................................... 22
 
Non-recurring and Temporary Resources ................................................................................... 23
 
The Changing Structure of the Financial Plan ............................................................................. 24
 
DEBT AND CAPITAL ............................................................................................................ 25
 
Projected State-Funded Debt Outstanding and Debt Service Levels ......................................... 26
 
Debt Management and Related Issues ....................................................................................... 27
 
Capital Program ........................................................................................................................... 28
 
ECONOMIC OUTLOOK AND REVENUE .............................................................................. 29
 
National Economy ........................................................................................................................ 29
 
New York State Economy ............................................................................................................ 29
 
Revenue ....................................................................................................................................... 30
 
Taxes, Fees, Fines, Assessments and Other Revenue .............................................................. 32
 
PROGRAM AREA HIGHLIGHTS ........................................................................................... 34
 
Education ..................................................................................................................................... 34
 
Higher Education ......................................................................................................................... 36
 
Health ........................................................................................................................................... 37
 
Mental Hygiene ............................................................................................................................ 38
 
Human Services ........................................................................................................................... 39
 
Economic Development ............................................................................................................... 40
 
Transportation .............................................................................................................................. 40
 
Environment/Parks/Agriculture .................................................................................................... 43
 
Energy .......................................................................................................................................... 45
 
Housing ........................................................................................................................................ 45
 
Public Protection .......................................................................................................................... 46
 
Local Governments ...................................................................................................................... 47
 
New York City .............................................................................................................................. 49
 
Metropolitan Transportation Authority .......................................................................................... 49
 
Public Authorities ......................................................................................................................... 50
 
Employer Pension Contribution ................................................................................................... 51
 
State Workforce ........................................................................................................................... 52
 
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