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Find out the latest updates, highlights and details of the FY 2025 Executive Budget presented by Governor Kathy Hochul. Explore the budget presentation, financial plan, capital plan, legislation, agency reports and more.
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Learn about the $229 billion FY 2024 NYS Budget that reflects Governor Hochul's bold agenda to make New York more affordable, more livable, and safer by investing in mental health care, public safety, housing, education, climate initiatives, and more. The Budget is balanced, does not include any new State income tax, and secures $19.5 billion for a rainy day fund.
Há 6 dias · Governor Hochul's FY 2025 Budget makes record investments in the people of New York while maintaining fiscal responsibility. All funds spending is $237 billion growing at one percent year-to-year. The FY 2025 budget does not raise income or statewide business taxes and maintains state reserves at the gold standard of 15 percent for a “rainy ...
Learn about the historic FY 2023 budget that invests in New Yorkers' health, education, transportation, safety, housing, and more. Find out how the budget rebuilding the healthcare economy, reducing the tax burden, combating climate change, and creating jobs and public safety.
- A Balanced Budget
- Driving Down Gun Violence and Creating A Safer New York State
- Improving Effectiveness and Efficiency of The Criminal Justice System
- Improving Public Safety and Protecting New Yorkers
- Overhauling The Continuum of Mental Health Care
- Protecting Abortion Access and Strengthening New York State’S Safe Harbor Access
- Supporting Students and Schools
- Supporting Homeowners, Tenants, and Public Housing Residents
- Expanding Public Transit Access, Affordability, and Safety
- Addressing The Climate Crisis and Investing in Affordable Energy
Governor Hochul’s FY 2024 Budget reflects New York’s steady finances, even as global economic trends send mixed signals. All funds spending is $229 billion growing at 3.9percent. Deposits to reserves that had been planned for FY 2024 and FY 2025 will be completed by the end of the current year – two years ahead of schedule – for a total of $19.5 bi...
As part of efforts to create a safer New York, Governor Hochul and state leaders reached an agreement to give judges greater discretion to set bail for the most serious crime offenses. State investments will also expand programs and services to further drive down gun violence, reduce recidivism, address the flow of deadly fentanyl, and improve the ...
The Budget also includes funding to improve the effectiveness and efficiency of the criminal justice system: 1. $170 million to support improvements to the discovery process for prosecutors and defenders, including $50 million in capital for discovery technology improvements in New York City. 2. $100 million in aid for prosecution and defense fundi...
The Budget also includes significant investments designed to protect New Yorkers, including: 1. $105 million to upgrade the State Emergency Operations Center. 2. $100 millionto purchase and renovate a new satellite crime laboratory for the State Police. 3. $66.7 million to increase the number of State Police academy classes. 4. $25 million to provi...
For too long, New York’s mental health care system has suffered from underinvestment, and the pandemic only made things harder for New Yorkers with serious mental illness. To address the unmet mental health needs of New Yorkers, Governor Hochul will make a long-term $1 billion investment to transform New York’s continuum of mental health care. This...
Governor Hochul is committed to protecting abortion access in New York State, solidifying the state’s historic standing as the nation’s first Safe Harbor State. $100.7 million in State funding will boost New York abortion providers by increasing Medicaid reimbursements and require private insurers to cover medication abortion when prescribed off-la...
All New York students deserve a high-quality education, from prekindergarten through college. Governor Hochul included a record $34.5 billion in total School Aid for school year 2024, making the highest level of State aid ever, and also secured the reissuance of 22 charter schools. The Budget also includes significant investments for SUNY’s Transfo...
Governor Hochul announced new efforts to support homeowners, tenants, and public housing residents as part of the FY 2024 Budget. The Budget includes historic investments in rental assistance for the most rent-burdened New Yorkers and residents of public and subsidized housing, funding support and assistance for homeowners, the creation of a nation...
Over the past year, Governor Hochul has advanced the completion of the Long Island Rail Road’s Third Track project, open the nation’s newest rail terminal at Grand Central Madison, broke ground on the Metro-North Penn Station Access project, and pushed other major projects forward, including the Second Avenue Subway and the Interborough Express. Go...
New York State has one of the nation’s most ambitious climate plans focused on creating a cleaner, healthier environment for future generations. Governor Hochul will make transformative investments to combat climate change, promote energy affordability, reduce emissions, and invest in clean air and water, building on more than $30 billion committed...
9 de abr. de 2022 · The historic FY 2023 Budget invests record amounts in healthcare, education, housing, infrastructure, and the environment, while increasing state reserves to 15 percent by 2025. It also strengthens public safety and ethics oversight, and provides relief and aid to recover from the COVID-19 pandemic.
16 de jan. de 2024 · Governor Hochul unveils a balanced budget with record investments, no income tax increases and fiscally responsible approach. The budget includes $35.3 billion for school aid, $4.8 billion for mental health, $6 billion for Medicaid and more for public safety, economic development and resiliency.
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