Contents of Report
Financial Condition Report
For Fiscal Year Ended March 31, 2015
Message from the Comptroller
I am pleased to present the State of New York's Financial Condition Report for the fiscal year ended March 31, 2015.
After closing deep projected budget gaps just a few years ago, New York State has continued to improve its short-term financial condition. The State's General Fund ended SFY 2014-15 with its highest closing fund balance in at least two decades, thanks in large part to an extraordinary inflow of one-time resources from financial settlements.
About this Report
This report provides citizens with an overview of the financial condition of New York State. It presents selected financial, economic, and demographic information in an easy-to-understand format.