Friday, August 01, 2014

Follow us:
Follow us on Facebook Follow us on Twitter Subscribe to this news feed 

News

Governor Cuomo signs $138 billion budget

  • Text size: + -
CNY/NNY/S. Tier: Governor Cuomo signs $138 billion budget
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

ALBANY, N.Y. -- Governor Andrew Cuomo officially signed the $138 billion spending plan on Tuesday.

It marks his fourth on-time budget, and was passed ahead of Monday's midnight deadline.

The budget includes a five percent increase in education funding, changes to the Common Core curriculum, and $340 million for statewide pre-kindergarten programs.

The budget also includes a $1.5 billion property tax rebate program. It's aimed to encourage local governments to cap taxes, share services, and reduce overall costs.

However, there were several items that did not make it into the budget, including medical marijuana and the Dream Act.

In response to the budget, candidate Rob Astorino released a statement. He said Cuomo's budget will just add to taxpayer burden.

10.11.12.247 ClientIP: 54.196.167.69, 23.62.6.199 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP