new york budget

Office of Governor Andrew M. Cuomo

Gov. Andrew Cuomo has about 10 days before he has to make some big decisions about New York state’s estimated $14 billion budget deficit.

Zach Hirsch

The chance to include the legalization of adult recreational marijuana in the state budget is fading, now that Gov. Andrew Cuomo seems to be backing away from the proposal.

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There have been numerous reactions to many of the policy items in Gov. Andrew Cuomo’s state budget. But how did the governor’s budgeting skills measure up? Two budget watchdog organizations are giving him mixed reviews.

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Gov. Andrew Cuomo will unveil his 2019 State of the State and Executive Budget address Tuesday afternoon. You can watch the speech live here at 2 p.m.

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New York Governor Andrew Cuomo held a ceremonial budget signing in Harriman Hall on the University at Buffalo South Campus Tuesday in front of a few hundred invited guests.

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The state budget is on track to be finished on time and before the March 31 deadline now that all of the spending bills were finally printed shortly before midnight on Monday.

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A deal reached between legislative leaders and Governor Andrew Cuomo would increase funding for education by nearly $1 billion.  Some of the money would be used to advance several initiatives announced by Cuomo earlier in the year. 

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Governor Andrew Cuomo unveiled a $142 billion state budget that includes federal aid for post-Superstorm Sandy recovery and closes a $1.3 billion budget gap.

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Governor Cuomo’s annual budget presentation is slated for Tuesday afternoon. It comes as the state’s comptroller, Tom DiNapoli, finds revenues are not coming to New York in quite the amount anticipated. 

Lawmakers agree on $132.6 billion state budget

Mar 27, 2012

Governor Andrew Cuomo and the leaders of the state Senate and Assembly today announced an agreement on a $132.6 billion state budget for the fiscal year that starts Sunday.

The budget would increase spending by two percent while expanding economic development and jobs programs and providing some protections for the poorest New Yorkers and immigrants.  The agreements include a 10 percent increase in the welfare grant in June. Cuomo wanted to delay half of the increase because of the state's slow economic recovery.