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State senators and Assembly members started to pass the first budget bills on Monday. Details for many major spending items have still not been worked out.
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Hochul introduced the ambitious plan to build 800,000 units when she introduced her budget in February, but legislative leaders say that didn't give them enough time to discuss it with local stakeholders.
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The state budget is now nearly three weeks late and will not be completed this week. Gov. Kathy Hochul and state lawmakers are planning to pass a fourth spending extender Thursday to get the state through the next few days.
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Disagreement over more changes to the state's bail reform law are threatening to make this year's state budget late.
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With two weeks before the state budget is due, Gov. Kathy Hochul and the legislature have different ideas on how the spending plan should look, with the Senate and Assembly rejecting most of the governor's key items.
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As the nation’s economic uncertainty continues, with a volatile stock market, higher gas prices and inflation, New York state’s budget forecast has also suffered a reversal of fortune.
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A financial bail out for states hit hard by the pandemic was not included in the relief package approved by Congress late Monday, leaving New York with a…
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Now that elections are over, leaders of the New York State legislature are facing pressure from a wide range of groups to reconvene and deal with pandemic…
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After several years of budget surpluses, New York State tax revenue is coming in at a lower than expected rate. That could impact big ticket programs like…
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Central New York school districts are preparing for a potentially difficult budget year after new numbers came out Wednesday that would severely limit a…