The New York Senate and Assembly passeda $121.7 billion budget for the 2008-09 fiscal year Wednesday.

The budget, which was due April 1, increases spending 4.9 percent and includes $1.1 billion in capital projects statewide.

The budget deal also includes $170 million in pork-barrel spending for lawmakers to direct to organizations and programs back in their home districts this election year.It also includes a historic $1.75 billion increase in school aid.