Fy 2021 Budget New York
Based on initial federal stimulus and its impact on revenue the fy21 budget is now 92 0 billion and remains balanced.
Fy 2021 budget new york. The fy2021 enacted budget does that and advances the governor s making progress happen agenda. Fy 2021 enacted budget bills the enacted budget bills are found on the legislative information site javascript required. Fy 2021 state budget.
Article vii of the new york state constitution requires the governor to submit a budget detailing a plan of expenditures and an estimate of revenues for the upcoming fiscal. To view the text of a bill enter the corresponding bill number listed below e g s7500a for the senate state operations appropriations bill s7500 a and the session year 2020 select the text checkbox at the top of the page and click the search. Expanding access to safe and affordable banking services credit and financial education.
On april 3 2020 new york state enacted the 2021 fiscal year budget budget. The fy 2021 enacted budget invests 25 million in new funding over five years to support new york s community development financial. Fy 2021 new york state executive budget 2020 21.
Throughout fy 2020 covid 19 had significant impacts on our revenue sources such as sales tax state aid and fines and tickets. This is a moment in history unlike any other and government needs to function and deliver results for the people of this state. For fy 2021 we are.
Nyc fy 2021 adopted budget. Short term balance long term challenge footnotes hotel tax revenue declined by 25 percent and 58 percent in fiscal years 2020 and 2021 but represented less than 7 percent of the total decline. The budget is balanced includes no new taxes continues to phase in tax cuts for the middle class.
A message from mayor michelle roman.