New York’s $175.5 billion spending plan deposits the first rainy day payment of $250 million in four years, but also increases the practice of “off-budget” spending, Comptroller Tom DiNapoli found in a report released on Wednesday.

The annual report assessing the state budget determined the budget will generate an additional $1 billion in revenue and helps bolster the state’s finances for health care and education.

But at the same time, the state remains vulnerable to shifts in the financial markets and the broader economy.

“New York is beginning the new fiscal year in a better position than projected,” DiNapoli said. “However, continuing concerns regarding revenue volatility, the forecast for a slowing economy and detrimental federal fiscal policies leave open questions going forward. The recent addition to the Rainy Day Fund is a good first step toward building more robust reserves before the next economic downturn.”

DiNapoli had backed using additional revenue in March to deposit into the state’s rainy day fund to guard against a recession, which some economists believe could begin as early as next year.

But the budget also expands the use of “off-budget” expenses, such as a shift of MTA-related state resources of about $547.5 million in the current year. The move, along with other measures in the budget, has the effect of limiting or bypassing current law to ensure oversight over state procurement.

Here is the full report.