Governor Andrew M. Cuomo today outlined the FY 2021 Executive Budget, advancing a clear vision and bold, nation-leading and historic actions to make progress happen in the State of New York.
The budget plan features a $33 billion five-year plan to combat climate change, including a new plan to streamline government bureaucracy to deliver renewable energy projects faster; a $25 billion expansion of New York’s largest-in-the-nation building program, bringing it to $275 billion; an historic $28.5 billion investment in education while reforming funding formulas to prioritize support for poor schools; and an expanded Excelsior free college tuition program to include families making up to $150,000 per year. Full press release can be found here. Budget Briefing Book is available here.
JAN
2020