State Budget Fast Facts

¯ Spending is projected to increase 3.1%. School spending increases by $2.1 billion, a 7.1% increase.

¯ Hochul proposes a one-time property tax rebate for low- and middle-income homeowners.

¯ Bids will be accepted for three new casinos this year, one year earlier than originally planned.

¯ State revenues are projected to be $5 billion more through March than they were projected to be last fall through a combination of a recovering statewide economy and tax hikes passed last year on high earners and large corporations.


Today's breaking news and more in your inbox

I'm interested in (please check all that apply)
Are you a paying subscriber to the newspaper? *


Starting at $4.62/week.

Subscribe Today