New York

Overview


Socioeconomic Data
Population 8,550,405
Employment 3,959,898
Unemployment Rate 5.7%  (42 of 116)
Zillow Home Value Index $576,100  (9 of 116)
Government-Wide Revenues and Expenses
General Revenues $54,340,514,000
Capital Grants and Contributions $973,430,000
Charges For Services $6,078,264,000
Operating Grants and Contributions $19,437,743,000
Total Revenues $80,829,951,000
Total Expenditures $71,522,277,000
Change in Net Assets $9,307,674,000
Actuarially Determined Pension Contributions $8,495,701,000
Pension Contributions Actually Made $8,495,701,000
Government-Wide Position
Current Assets $40,367,330,000
Total Assets $93,489,567,000
Current Liabilities $22,860,910,000
Long Term Debt $187,664,651,000
Total Net Position ($181,795,513,000)
Unrestricted Net Position ($180,891,494,000)

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
Surplus(deficit) $  7,285,575,000 $  (13,746,691,000) $  (6,461,116,000)
Revenues
Total Revenues $  77,482,450,000 $  4,162,880,000 $  81,645,330,000
Real Estate Taxes 21,517,932,000 0 21,517,932,000
Federal/ State Grants 19,437,742,000 1,047,863,000 20,485,605,000
Personal Income Taxes 11,294,669,000 0 11,294,669,000
Sales and Use Tax 8,050,932,000 0 8,050,932,000
Income Taxes 7,602,041,000 0 7,602,041,000
Other Revenues 3,327,933,000 2,650,817,000 5,978,750,000
Other Taxes 3,475,767,000 0 3,475,767,000
Charges for services 2,745,137,000 0 2,745,137,000
Other Aids 0 181,094,000 181,094,000
State 408,000 170,000,000 170,408,000
Investment income 29,889,000 113,106,000 142,995,000
FUND BALANCE AT END OF YEAR $  467,621,000 $  4,568,815,000 $  5,036,436,000
Expenditures
Total Expenditures $  70,196,875,000 $  17,909,571,000 $  88,106,446,000
Education 20,457,511,000 2,567,104,000 23,024,615,000
Debt Service 148,847,000 9,002,644,000 9,151,491,000
Public safety 8,826,839,000 302,856,000 9,129,695,000
Other Debt Service 148,847,000 5,750,685,000 5,899,532,000
General government 2,468,539,000 917,675,000 3,386,214,000
Interest 0 3,251,959,000 3,251,959,000
Health and welfare 1,708,378,000 167,744,000 1,876,122,000
Housing 885,857,000 560,550,000 1,446,407,000
Culture, parks and recreation 555,411,000 576,245,000 1,131,656,000
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Social services $  13,843,523,000 $  208,941,000 $  14,052,464,000
Pensions 8,489,857,000 0 8,489,857,000
Fringe benifits and other benifite payments 5,862,664,000 0 5,862,664,000
Environmental Protection 2,540,334,000 1,619,842,000 4,160,176,000
Transpotation Services 1,654,973,000 872,415,000 2,527,388,000
Administrative and other 848,095,000 1,006,592,000 1,854,687,000
City University 904,050,000 70,208,000 974,258,000
Judgment and claims 679,605,000 0 679,605,000
Libraries 322,392,000 36,755,000 359,147,000

Metrics


General Fund Balance Ratio 0.67%  (116 of 116)
Debt to Revenue Ratio 232.17%  (13 of 116)
Pension ADC to Revenue Ratio 10.51%  (10 of 116)
Annual Change in Home Prices 8.80%  (35 of 116)
Annual Change in Unemployment Rate (1.5%)  (100 of 116)
Fiscal Health Score 26  (115 of 116)
Implied Credit Rating BB