However, Hudson Valley Congressman Marc Molinaro is strongly against the budget. New York State Budget Compared To "Dumpster Fire" “Governor Hochul is delivering a budget that’s over a month late. They say you can’t rush perfection. Apparently the same applies to dumpster fires," U.S. Re...
For months, New York City Mayor Eric Adams has called for funding to address the recent influx of migrants coming to New York City. As part of her executive budget, Hochul proposed$1 billionin “extraordinary funding” from the state to help address the crisis, which would ...
The budget also includes theBuild Public Renewables Act, which requires all state-owned properties that receive power from the New York Power Authority (NYPA) to run on renewable energy by 2030. It will also require municipally owned properties – including many hospitals and schools, as well as...
New York City initially warned of severe budget cuts coming in 2024, but has since reversed on the most controversial ones that were coming for police, fire, sanitation, parks and library services. Given the lack of transparency, it was difficult to fully understand how M...
Legislative Changes in the 2023/24 New York State Budget ActRosenthal, Corey L.Kaur, ArvinderCPA Journal
major standouts in the fiscal year 2025 New York State Budget. An increase to the minimum award amount, capital funding increases, and a major amount of funding allocated to operating support for public colleges will hopefully open the door for more students to pursue degrees in the state. ...
As part of the FY 2024 Budget, Governor Hochul secured a historic agreement to increase New York’s minimum wage through 2026 and index it to inflation beginning in 2027.
Highlights from 2024-25 New York State Budget On January 16, 2025, New York Governor Kathy Hochul released the first draft of the 2024-25 state budget. The State Budget, which can be revised by the New York State Legislature, is currently pegged at $233 billion. ...
New York is aiming to become the first state to ban the use of natural gas in new building construction, slated to begin as early as 2025. New York Gov. Kathy Hochul announced a tentative agreement Thursday during a 2024 budget speech in Albany, where she said the Empire State is "...
The delights of New York State don’t always come cheap. Yet with a little planning – and some insider tips – it’s not hard to economize.