Gov. Kathy Hochul announces agreement on 2027 state budget
The $268 billion funding package aims to improve public safety, affordability, infrastructure, housing and the environment.
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Gov. Kathy Hochul announced a general agreement for the fiscal year 2027 state budget Thursday morning in Albany.
The agreement comes more than a month after the budget’s original April 1 deadline.
The $268 billion funding package aims to improve public safety, affordability, infrastructure, housing and the environment.
Hochul says major investments will put New York on a path to universal, affordable childcare.
The budget also seeks to improve utility costs and lower insurance rates for New Yorkers.
Hochul says reforms will cut red tape and speed up building for critically needed housing and infrastructure projects.
Protections against escalation and aggressive immigration enforcement by ICE are also included, according to Hochul.
Other public safety goals include a crackdown on 3D printed guns and enhanced online privacy protections for children.
