New York State Division of the Budget

What New York State Division of the Budget does

The New York State Division of the Budget (DOB) is a New York State government agency responsible for developing and executing the state budget and overseeing the fiscal management of New York. It serves the Governor, state agencies, the Legislature, local governments, school districts, bond market participants, and the public by producing official revenue and spending forecasts, budget documents, and fiscal policy analyses. The agency operates as part of the Executive Chamber under gubernatorial authority and acts as the central arbiter of the state's annual fiscal planning cycle.

DOB's principal deliverable is the Enacted Budget; for FY 2027, the Governor released an Enacted Budget reflecting total New York State spending of more than $200 billion. The agency operates the Budget and Policy System (BAPS), a budget preparation platform built on Oracle Hyperion Planning, with an active migration of BAPS to Oracle Cloud Infrastructure to modernize the underlying environment. It also publishes and maintains the Open Budget website, an interactive transparency portal providing public access to enacted and historical budget data, with multilingual support for non-English-speaking users. The agency is led by Director Blake G. Washington and employs approximately 369 staff.

As a government agency, DOB does not generate commercial revenue and is funded through state appropriations within the Executive Chamber's annual budget. Its outputs — official revenue forecasts, disbursement projections, fiscal analyses, and the Enacted Budget itself — directly affect credit ratings, bond issuance, and the allocation of state aid to school districts and local governments. The agency's products and services are exclusively consumed by governmental, civic, and public-sector stakeholders, and its role is structurally mandated by New York State statute.

Name

New York State Division of the Budget

Legal name

New York State Division of the Budget

Website

https://budget.ny.gov

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

251–500 employees

Short description

The New York State Division of the Budget develops and executes the New York State budget, operates the BAPS budget preparation system on Oracle Hyperion, and publishes the Open Budget transparency portal serving state agencies, the Legislature, local governments, and the public.

Ownership category

akta.pro rank

Product category

Government Budget Management

NAICS

Public Finance Activities (921130), Public Finance Activities (92113)

akta.pro primary industry

State/Provincial Treasury, Budget & Fiscal Management (BPAIABAC)

Keywords

• State budget management
• Fiscal policy planning
• Public finance administration
• Government financial reporting
• Budget analysis systems

Headquarters

HQ city

Albany

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Government Appropriation: The Division of the Budget is a state government agency funded through state appropriations. It does not generate revenue directly but manages the state's $200+ billion annual budget.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

The New York State Division of the Budget develops, negotiates, and implements New York State's executive budget as the Governor's chief financial advisor. It prepares the annual Executive Budget proposal, manages state agency and program budgets, conducts economic and revenue forecasting, oversees tax policy analysis, manages state debt portfolio and capital financing, and publishes financial plans, capital plans, tax expenditure reports, and budget guidance materials for state agencies.

Product overview

The New York State Division of the Budget operates as a government agency rather than a commercial product company. Its offerings consist of official government publications and secure web portals. The core publications include the annual Executive Budget (the Governor's budget proposal), the Enacted Budget (final budget signed into law), and Five-Year Financial Plans. Supporting publications encompass Capital Program and Financing Plans, Economic and Revenue Outlook reports, Annual Tax Expenditure Reports, Budget Bulletins (policies and procedures), Budget Request Manual (agency instructions), and School Aid publications. Public-facing resources include the Citizen's Guide (budget process education), Investor's Guide (financial disclosure for bond investors), and the Open Budget website (interactive data visualization portal). Secure portals provide authorized users access to eBudget Applications for budget management. The portfolio represents a collection of official state documents and information systems rather than a unified commercial product platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Executive Budget The Governor's annual budget proposal submitted to the New York State Legislature, containing recommended appropriations, expenditures, revenue estimates, and legislation needed to implement the proposed budget.
• Enacted Budget The final New York State budget as approved by the Legislature and signed by the Governor, containing the enacted appropriations and financial plan.
• Financial Plans Comprehensive financial planning documents including Executive Budget Financial Plans, Enacted Budget Financial Plans, and quarterly updates that summarize the state's spending and revenues.
• Capital Program and Financing Plan Annual capital planning document highlighting major capital initiatives, objectives, and financing approach for state capital programs.
• Annual Tax Expenditure Reports Annual reports prepared jointly by the Department of Taxation and Finance and the Division of the Budget detailing tax expenditures and preferences.
• Budget Request Manual A manual that guides New York State agencies in preparing their annual budget requests for submission to the Division of the Budget.
• Budget Bulletins Policies, procedures, and reporting requirements issued by DOB applicable to all or specified New York State departments, agencies, public authorities, and corporations.
• Citizen's Guide Public-facing guide explaining the New York State budget process, financial terminology, and state government structure for residents.
• Investor's Guide Financial information resource for investors including Annual Information Statements, detailed debt information, bond sale schedules, swaps, variable rate obligations, and credit ratings for New York State-supported bonds.
• Open Budget Website Interactive public website providing graphic visualizations, easy data downloads, and displays of appropriations, budgeted and actual spending, charts, and historical budget information for New York State.
• eBudget Applications Portal Secure login portal for authorized users to access DOB budget applications, including eBudget Applications, BAPS, Outlook Web Access, and the Employee Portal, for conducting New York State Division of the Budget business.
• Agency Presentations Tables summarizing New York State agency spending by program and category, including the budget requests of the Legislature and Judiciary.
• School Aid Publications Annual publications describing New York State school aid programs and Executive Budget school aid recommendations for elementary and secondary education.

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core.

• Public Authorities Control Board (PACB)coreOthers · 22 July 2026The Public Authorities Control Board was created pursuant to Sections 50 and 51 of the Public Authorities Law. Eleven statewide public authorities must receive PACB approval via resolution before entering into any project-related financings. The Budget Director or designee serves on this board.
• Smart Schools Review BoardcoreOthers · 1 November 2014Established after voter approval of the $2 billion Smart Schools Bond Act in November 2014. Reviews and approves applications for educational technology and infrastructure funding from school districts. The Budget Director serves as a board member.
• Financial Restructuring Board for Local GovernmentscoreOthersOffers assistance to eligible municipalities to improve fiscal stability, management, and delivery of public services. The Budget Director serves on this board providing expertise in government finance and fiscal management.
• Dormitory Authority of the State of New York (DASNY)coreStrategic or Co-development PartnerDASNY is one of five authorized bond issuers for New York State-supported bonds. Issues Sales Tax Revenue Bonds and Personal Income Tax Revenue Bonds for capital projects including CUNY, SUNY, and SUNY community colleges.
• Empire State Development Corporation (ESDC/UDC)coreStrategic or Co-development PartnerAuthorized issuer of New York State-supported bonds through the Urban Development Corporation. Involved in economic development project financing.
• New York State Environment Facilities Corporation (EFC)coreStrategic or Co-development PartnerAuthorized bond issuer for state-supported debt financing environmental infrastructure projects.
• New York State Housing Finance Agency (HFA)coreStrategic or Co-development PartnerAuthorized issuer of state-supported bonds for affordable housing and related financing programs.
• New York State Thruway AuthoritycoreStrategic or Co-development PartnerIssues Personal Income Tax Revenue Bonds for Thruway Authority projects. One of the five authorized issuers for New York State-supported bonds with $2.46 billion in FY 2027 bond issuances planned.
• Office of the State Comptroller (OSC)coreStrategic or Co-development PartnerIssues General Obligation Bonds for the state. OSC and DOB coordinate on state debt management, financial disclosure, and annual financial statements. Contact: Patrick Gunty for bond sale information.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Illinois Governor's Office of Management and Budget: Illinois' executive-branch budget office that advises the Governor on fiscal policy, prepares the executive budget proposal, and manages state financial planning. Directly comparable to NYS DOB in role, mandate, and interaction with the legislature for budget enactment.
• Pennsylvania Office of the Budget: Pennsylvania's executive-branch budget office responsible for preparing the Governor's executive budget, monitoring agency spending, and coordinating state financial planning. A close functional peer to NYS DOB in scale, mandate, and transparency posture.
• Ohio Office of Budget and Management: Ohio's executive-branch fiscal agency that prepares the Governor's executive budget, manages the financial planning process, and oversees statewide fiscal policy. Comparable to NYS DOB in core duties of budget preparation, fiscal analysis, and executive financial advisory.
• Connecticut Office of Policy and Management: Connecticut's executive-branch fiscal and policy office that prepares the Governor's budget, projects revenues and expenditures, and oversees intergovernmental financial relations. Direct peer to NYS DOB in scale, mandate, and small-state executive-budget function.
• Massachusetts Executive Office for Administration and Finance: Secretariat-level office that coordinates the Governor's budget, financial planning, and operational policy across Massachusetts state government. A direct peer to NYS DOB in scope (executive fiscal coordination) and policy environment (high-cost Northeast state with significant aid to localities).
• California Department of Finance: California's counterpart executive-branch fiscal agency that prepares the Governor's Budget, oversees financial planning, and manages state debt policy. Direct structural peer to NYS DOB given comparable scale, executive-branch constitutional authority, and budget-formulation role for one of the largest US state budgets.
• New Jersey Office of Management and Budget: New Jersey's centralized budget and management office, housed within the Treasury, that prepares the Governor's budget recommendations and oversees agency financial operations. Direct peer given shared Northeast US context, comparable state-budget scale, and executive-branch budget advisory function.
• Texas Legislative Budget Board: Performs budget analysis, fiscal planning, and performance review for Texas state government, producing the biennial budget recommendations and legislative appropriations. A direct peer in function (state-level budget formulation and oversight) though with a legislative rather than executive-branch locus.

Broad incumbents

• U.S. Office of Management and Budget: The federal government's central budget and management office under the Executive Office of the President, responsible for the President's Budget, oversight of agency performance, and federal fiscal policy. Operates at a larger jurisdictional scale than NYS DOB but is structurally analogous: executive-branch budget formulation, fiscal policy, and management oversight.

Others

• Office of the New York State Comptroller: Independent statewide fiscal officer that audits state agencies, manages the state retirement systems, and issues General Obligation bonds in coordination with NYS DOB. Not a budget-formulation peer but a closely coordinated counterparty in state debt management, financial disclosure, and annual reporting — explicitly named DOB partner.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/NYS_DOB
• YouTubeyoutube.com/@NYS_DOB
• LinkedInlinkedin.com/company/new-york-state-division-of-the-budget

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New York State Division of the Budget