Gov. Andrew Cuomo (D-N.Y.) and the New York Legislature have announced a tentative 2012 budget deal which could restore $272 million in cuts to educational funding.

The $132.5 billion budget reduces overall spending by 2 percent. Under the plan, Medicaid will be redesigned, and both next year's education and Medicaid spending will be capped.

Local officials, parents and students are all hoping some of the restored school aid will reach districts in the Hudson Valley, which have been forced to cut programs and staff due to the state's $1.5 billion in cuts to school funding.

State Sen. David Carlucci (D-N.Y.) was in Albany today and says he's confident that local leaders in Rockland and Orange counties can work the budget to deliver excellent services to area students.

It's unclear how the state would redistribute the educational funds and the budget still must be approved by the Legislature by Friday.