Elmira/Corning Regional Airport

New York’s Financial Standing

NY Financial Standing
NEW YORK--[AP]--New York's Comptroller says the State is in a good financial position, but relies heavily on borrowing and temporary resources.
  Comptroller Thomas DiNapoli released a report showing the fiscal year-end general fund balance of $2.2 billion was $432 million more than projected in February, and the State put money in a "rainy day fund" for the first time since 2008.
 DiNapoli says the new budget relies on $4.9 billion in temporary state resources, and $2.7 billion in federal aid related to Superstorm Sandy and the Affordable Care Act.