![]() Residential electricity costs approximately 40 percent more per kilowatt hour than national averages, but rates declined in New York between 20 while they increased nationwide. ![]() At the same time the share of violent inmates in New York prisons and the ratio of corrections officers to inmates have increased.Įnergy and Environment: New York’s energy sector is cleaner than the rest of the nation, and since 2010 New York has further decreased pollution, albeit at a slower pace than the nation. However, the performance of the Metropolitan Transportation Authority (MTA) has declined significantly.Ĭrime and Corrections: In New York and nationally, violent and nonviolent crime rates are down, and the prison population is also declining. Road surfaces have also improved, with 64 percent of state roads rated as excellent or good in 2016, compared to 60 percent in 2011. Infrastructure: The State’s bridges are in worse condition than national averages, but have improved over the last eight years. New York also provides more financial support for public higher education than the national average, despite increased tuition at public colleges and universities over the last eight years. New York’s spending per pupil is almost twice the national average and grew 50 percent faster than the national average since school year 2011 nevertheless, graduation rates trail the national average. ![]() ![]() The State’s uninsured rate is well below national averages and decreased from 12 percent in 2010 to 5.7 percent in 2017.Įducation: After declining during Governor Cuomo’s first two years in office, State education aid has grown faster than inflation in every year since. Despite slow growth, New York’s Medicaid program remains one of the most expensive in the nation as measured by aggregate or per enrollee costs. Slower growth rates were the result of the reforms adopted by the State’s Medicaid Redesign Taskforce combined with the impact of federal reforms. Health: Medicaid spending in New York grew more slowly than in most other states, increasing by approximately 23 percent between fiscal years 20, while enrollment grew by similar rates. Some tax rates have been reduced and generally are competitive with other states. Increasing tax revenues have supported increased spending. The workforce has begun to grow again, but the savings from the employee benefit changes continue. Early in Governor Cuomo’s tenure the State adopted reforms to State employee retirement and health insurance benefits and reduced the State workforce, resulting in substantial savings. In Governor Cuomo’s second term spending growth accelerated, buoyed by increasing tax revenues and $11 billion in financial settlements. The state allocated more than $28 billion to economic development between fiscal year 2012 and fiscal year 2019.įiscal Trends: Governor Cuomo’s first term began when the State was still recovering from the Great Recession, and the state’s fiscal choices appropriately reflected the reality of a lagging economy. Economically, the New York City metropolitan area has prospered, while upstate has faltered. New York City grew more quickly than the rest of the state. Demographic and Economic Trends: Since 2010 New York’s population grew at a slower pace than the nation’s.
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