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ERIC Number: ED435115
Record Type: Non-Journal
Publication Date: 1999-Sep
Pages: 65
Abstractor: N/A
Reference Count: N/A
Budget Analysis, 1999-00. Review of the Enacted Budget.
New York State Office of the Comptroller, Albany.
This report provides an overview of New York State's 1999-00 budget. The analysis states that spending for 1999-00 increased by $2.7 billion over the previous year. It portrays a dire situation in which projected budget gaps will be approximately $2.8 billion in 2000-01 and $4.6 billion in 2001-02. The budget does feature planned, year-end fund balances, but the level of nonrecurring resources also increased. It describes how most of the budget's spending increases are driven by current law and the legislative rejection of proposed cuts, rather than by program expansions. The text focuses on how education, local governments, and health and social services fared in the budget. It details how a 7.8 percent state-aid increase is provided for the 1999-00 school year, bringing total aid to more than $12.6 billion. However, this increase is diminished by the budget's failure to advance the equity of the aid distribution and by the lateness of the budget. Local governments received a small, year- to-year increase in revenue sharing aid, and Medicaid received no new cuts. A multiyear tax cut was enacted, but it is claimed that under other measures the budget would have constituted a tax increase. Finally, a description of a five-year capital plan is offered. (RJM)
Office of the State Comptroller, Public Information Office, Governor Smith State Office Building, Albany, NY 12236. Tel: 518-474-4015; Web site: .
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: New York State Office of the Comptroller, Albany.
Identifiers - Location: New York