NY budget would boost school aid, offer tax relief

NY budget would boost school aid, offer tax relief

The George Washington Memorial statue stands in front of the New York state Capitol, where Gov. Kathy Hochul will present her first executive state budget address in the Red Room Tuesday, Jan. 18, 2022, in Albany, N.Y. (AP Photo/Hans Pennink)

ALBANY, N.Y. (AP) — New York would boost state school aid, provide sweeping property tax relief and deliver bonuses to healthcare workers over the next year if lawmakers pass a $216.3 billion budget outlined by Gov. Kathy Hochul Tuesday. Hochul is proposing a 3.1% spending increase in taxpayer dollars for her 2022 proposed budget, which would run from April through March 2023. The Democratic governor says that the spending increase is just below the rate of inflation. Top legislative leaders are expected to keep negotiating with Hochul to finalize the budget, which must be in place by April 1. 

Photo: The George Washington Memorial statue stands in front of the New York state Capitol, where Gov. Kathy Hochul will present her first executive state budget address in the Red Room Tuesday, Jan. 18, 2022, in Albany, N.Y. (AP Photo/Hans Pennink)