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Mar 6, 2021 New York State Comptroller Thomas DiNapoli speaks to supporters during an election night watch party hosted by the New York State Democratic Committee, Tuesday, Nov. 6, 2018, in New York. (AP Photo/Mary Altaffer) New York’s financial situation has improved in recent months, but the state is not out of the woods yet, according to state Comptroller Thomas DiNapoli. DiNapoli noted higher than expected personal income tax collections and the prospect of significant aid from the federal government in his review of the Executive Budget for State Fiscal Year 2021-22, as amended by Gov. Andrew Cuomo. DiNapoli urged Cuomo and the state Legislature to avoid short-sighted choices when adopting the new budget, to maintain transparency and include oversight measures. He recommended that actions be taken to address the state’s long-term structural imbalance and put the state’s finances on a sustainable path once emergency federal aid ends.

New yorkUnited statesThomas dinapoliAndrew cuomoDivision of budgetExtraordinary relief fundDivision of the budgetOffice of the state comptrollerCoronavirus relief fundComptroller thomasExecutive budgetState fiscal yearNew yorkersFinancial planExecutive budget financialDebt reform act