New York State Authority Financial Statements Over Eight Fiscal Years

Eight fiscal years of summary financial data are disclosed by New York State public authorities as mandated by Section 2800 of Public Authorities Law. The dataset includes statements of net assets and revenues, expenses, and changes in net assets, covering fiscal years ending in the most recently completed calendar year. Authorities Budget Office collects this information from annual reports submitted by state-level public authorities.

Use Cases

• Analyze trends in Net Assets (Deficit) Beginning Of Year and Total Non-Operating Expenses across authorities to assess fiscal stability.
• Model the relationship between Federal Subsidies / Grants, Charges For Services, and Net Capital Assets for subsidy impact studies.
• Compare Cash and Cash Equivalents, Total Current Liabilities, and Bonds And Notes Payable (Noncurrent) to evaluate short-term liquidity versus long-term debt obligations.
• Cluster authorities based on revenue sources like Public Authority Subsidies and Other Non-Operating Revenues for comparative benchmarking.
• Forecast future Charges For Services or Subsidies To Other Public Authorities using historical data from the Fiscal Year End Date field.

Strengths

• Covers 8 consecutive fiscal years of financial data
• Contains over 30 distinct financial statement columns including assets, liabilities, revenues, and expenses

Limitations

• Unknown row count prevents assessment of sample size and authority coverage
• Lack of sample data obscures potential data quality issues like missing values or formatting inconsistencies

Provenance

Source

Authorities Budget Office, State of New York

Collection Method

Mandatory annual reports submitted by State Authorities under Public Authorities Law

Time Range

8 fiscal years, ending in the most recently completed calendar year

Freshness

Updated to include fiscal years ending in the most recently completed calendar year.

Geography

State of New York, USA