Financial Information Review
Pursuant to the State Finance Law (Section 23(5)), as amended by Chapter 1 of the laws of 2007, this is the Senate staff report on estimated State receipts and disbursements for the current and ensuing fiscal years. Pursuant to the statute, included in this report are estimated tax receipts on an all-funds basis, estimated lottery receipts, estimated miscellaneous receipts to be received in the General Fund, and the underlying factors and data upon which such receipts are based.
Also included are estimates of state disbursements for the Medicaid program, public assistance, and elementary and secondary education including the underlying factors, caseload, and data on which such estimates are based. This report is complete and satisfies the requirements of State Finance Law (Section 23(5)) to report on estimated State receipts and disbursements for the current and ensuing fiscal years.