The State Budgeting in New York

" Also included in this category, although authorized by appropriation bills separate and distinct from those for the executive branch, are the appropriations for the operation of the Legislature and the Judiciary.

Aid to Localities. This category includes alone appropriations for aid to local anaestheticities, regardless of fund source.

jacket crown Projects. When used as a category of appropriation, "Capital Projects" includes whole appropriations for capital complex body part projects, regardless of fund source. (It should not be confused with the Capital Projects Fund or the Federal Capital Projects Fund).

Debt Service. This category includes all appropriations for tax-financed situate debt service on long-term debt; contractual-obligation and lease-purchase arrangements with several habitual authorities and municipalities; and lease-purchase payments for State university, health and mental hygiene facilities, and for conglomerate highway projects (construction, reconstruction, reconditioning and preservation projects undertaken through contractual agreements with public authorities). This in like manner includes appropriations for interest rate exchange and similar agreements (Appropirations and expenditures, 2003).

It is within these ecumenic categories that all budgetary items appearing in the upstart York State Exeuctive budget must be positioned.

The funds made acquirable through the Executive Budget are generated by non-homogeneous taxation instruments. Levin (20

Available at www.budget.state.ny.us/division/organization

An additional $300 million is provided to local governments via sack up savings from changes to Medicaid requirements and other schedule realignments.

Local governments are in addition going to benefit from proposals advanced in the Executive Budget designed to generate $336 million in new local revenue (Local government assistance, 2003).

departments" (History of DOB, 2003, 1).

The process by means of which the natural York State Executive Budget is produced is, as noted above, impose by the State Constitution. The fiscal year of the State begins April 1 and ends on March 31; the actual budget cycle, however, which represents the cartridge clip between early budget development and last-minute disbursements, begins few nine months earlier and lasts about 27 months (The budget process, 2003). by and by that time, the State Comptroller's authority to charge payments to the previous fiscal year's appropriations expires.

A three-year financial projection is submitted within 30 days followers submission of the Executive Budget

The total amount of funds macrocosm made available to local governments in the current (fiscal 2003 - 2004) New York State Budget is allocated as follows:

Monitors agency spending trends and program performance.

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