Governor Andrew M. Cuomo today outlined the FY 2022 Executive Budget to reimagine, rebuild and renew New York in the wake of the ongoing COVID-19 pandemic.
The Governor presented two budget options, depending on the level of funding the federal government provides to New York following the devastating economic impact of Washington’s failed COVID-19 response. The first option would support New York State’s ongoing war against the pandemic and aggressive post-COVID reconstruction plan. The second option – absent $15 billion in federal funding – would cause pain for New Yorkers by forcing the state to raise revenue, cut expenses and borrow.
Full Press Release is available here. Budget briefing book is available here.
JAN
2021