New York State Governor Kathy Hochul released the Fiscal Year 2025 Executive Budget on January 16, 2024. The 299-page Health and Mental Hygiene Bill (HMH Bill), incorporated into the proposed budget legislation as part of the Article VII Bills, if passed in its current form, will bri...
The FY 2023 Executive Budget maintains the Governor's commitment to passing a bold agenda that rebuilds New York's healthcare and teacher workforces; provides tax relief to those who need it most; speeds up economic growth and creates good-paying middle-class jobs; strengthens the state's inf...
"A $500 million investment to develop the State's offshore wind supply chains and port infrastructure. This nation-leading initiative will create 2,000 jobs in a growing industry while helping to make New York the offshore wind capital of the country for years to come. The Budget also helps...
Funding for New York City libraries is being fully restored in the city's 2025 fiscal year budget, officials announced Thursday.
New York State missed its April 1 statutory deadline for an on-time budget, as the Hochul Administration and New York State Senate and Assembly leaders and staff continued to negotiate toward an agreement on the state’s fiscal and policy priorities for 2023–24. Efforts to ...
“We congratulate the mayor and New York City Council for the historic amount of housing capital included in the budget agreement,” saidJolie Milstein, president and CEO, New York State Association for Affordable Housing. “This substantial commitment represents a significant commitment ...
As of the State fiscal year ending, March 31, 2024, Suffolk County on Long Island is home to 39,837 retirees and beneficiaries—the most benefit recipients of the counties outside of New York City. They make up about 2.6 percent of the county’s residents, and they bring some $1.5 bill...
September 21, 2023 – The Nourish New York program (Nourish NY) was created to help the 1-in-10 New Yorkers facing food insecurity and local farmers by connecting food banks to New York-grown products. However, an audit released by New York State Comptroller Thomas P. DiNapoli found the ...
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 ...
PolicySpecial Report: Insurance 2024 Winners & Losers of the Year By City & State December 11, 2023 Publisher's Section New York State A former city government official who’s still tackling the desperate need for more affordable housing. A financial executive who’s focused on uplifting underser...