Balance of Revenue & Expenditure Among NYS Regions: Fiscal Years 4/1/97-3/31/98 Thru 4/1/00-3/31/01

CGR analyzed information from various sources, including four years of the General Ledger of the State of New York , to trace the revenue and expenditures of New York’s budget by region. Contrary to the beliefs of many upstate residents, CGR’s study confirmed the conclusion of an earlier CGR analysis, that the City of New York is a large net contributor to the state, as are the NYC suburbs. Upstate New York, on the contrary, is a net recipient of funds. This study covered State Fiscal Years 98-01.

Report Date: May 2004
Author(s): Kent Gardner
Subject(s): Public Finance
Location: New York State