Sibu Nair প্রকাশিত: ২৮ এপ্রিল, ২০২৫, ১০:১৯ পিএম
.
Agreement Reached To Provide Greater Discretion for Judges To Set Bail for the Most Serious Crimes; Includes $772 Million to Address Gun Violence, Reduce Recidivism, and Support Criminal Justice System in Pandemic Recovery .Governor Keeps Promise to New Yorkers: No Income Tax Increases for FY 2024 Budget
$1 Billion Plan Will Fix New York State's Continuum of Mental Health Care
$100.7 Million To Protect Abortion Access and Strengthen New York State's Safe Harbor Access Major Investments in Education Include $24 Billion To Fully Fund Foundation Aid, $2.4 Billion in New Capital Projects for SUNY and CUNY .Tenants, Including NYCHA and Section 8, Will Receive $391 Million in Emergency Rental Assistance Program Funding Stabilizes MTA Funding, Avoiding Looming 'Fiscal Cliff' or Service Cuts While Investing in Public Transit Statewide .Transformative Investments To
Raises Minimum Wage to $16 in New York City, Long Island, and Westchester and $15 Elsewhere in the State, Which Will Increase by $0.50 for Two Years and Index to Inflation After 2026 .$1 Billion in Health Care Capital Funding To Create a Stronger Health Care System for the Future .Governor Kathy Hochul today announced the highlights of the historic FY 2024 Budget. The Budget reflects Governor Hochul's bold agenda to make New York more affordable, more livable, and safer by making smart, responsible investments in housing, mental health care, public safety, education, climate initiatives, and more. In keeping with the Governor's promise at the outset of budget negotiations, the FY 2024 Budget does not include any new increases in State income tax. "With this Budget, we are delivering on our promise to make the Empire State a more affordable, more livable, safer place for all New Yorkers,"Governor Hochul said. "These bold investments will lift up New Yorkers of today - and tomorrow - while maintaining a solid fiscal footing, and I thank my partners in the Legislature for their collaboration throughout this process."
A Balanced Budget
Governor Hochul's FY 2024 Budget reflects New York's steady finances, even as global economic trends send mixed signals. All funds spending is $229 billion growing at 3.9percent. Deposits to reserves that had been planned for FY 2024 and FY 2025 will be completed by the end of the current year — two years ahead of schedule — for a total of$19.5 billionsecured for a rainy day. In addition, the legislature agreed with the Governor's proposal to further increase the statutory limit on allowable rainy day reserves. This will allow the State to continue to set aside unplanned resources to guard against future economic downturns. Driving Down Gun Violence and Creating a Safer New York State As part of efforts to create a safer New York, Governor Hochul and state leaders reached an agreement to give judges greater discretion to set bail for the most serious crime offenses. State investments will also expand programs and services to further drive down gun violence, reduce recidivism, address the flow of deadly fentanyl, and improve the efficacy of the court system, which was disrupted by the pandemic.
- $84.1 million for youth employment programs, of which $37 million is for programs in Gun Involved Violence Elimination (GIVE) jurisdictions.
- $70 million for communities to respond to the aftermath of gun violence, of which $50 million is for community capital needs.
- $36.4 million for the GIVE initiative.
- $31.1 million for crime reduction, youth justice, and gang prevention programs.
- $25.9 million for State Police Community Stabilization Units.
- $25 million for the SNUG Street Outreach program.
- $7.4 million in additional funding to establish a Supervision Against Violent Engagement program and expand the State's response to gun violence among the parolee population in GIVE jurisdictions.
Improving Effectiveness and Efficiency of the Criminal Justice System
The Budget also includes funding to improve the effectiveness and efficiency of the criminal justice system:
Improving Public Safety and Protecting New Yorkers
The Budget also includes significant investments designed to protect New Yorkers, including:
Overhauling the Continuum of Mental Health Care
For too long, New York's mental health care system has suffered from underinvestment, and the pandemic only made things harder for New Yorkers with serious mental illness. To address the unmet mental health needs of New Yorkers, Governor Hochul will make a long-term $1 billion investment to transform New York's continuum of mental health care. This comprehensive, multi-year plan includes allocating:
Protecting Abortion Access and Strengthening New York State's Safe Harbor Access
Governor Hochul is committed to protecting abortion access in New York State, solidifying the state's historic standing as the nation's first Safe Harbor State. $100.7 million in State funding will boost New York abortion providers by increasing Medicaid reimbursements and require private insurers to cover medication abortion when prescribed off-label for abortion. Additionally, in light of national efforts to roll-back reproductive health care access, this historic measure will strongly protect the personal data of those seeking abortion care in New York State, regardless of state residency status.
The FY 2024 Budget allocates new funding for abortion providers and reproductive health to include:
- $14.9 million to increase surgical abortion reimbursement;
- $35.2 million to increase family planning reimbursement; and
- $15.6 million for Pharmacist Prescribed Contraceptives.
Supporting Students and Schools
All New York students deserve a high-quality education, from prekindergarten through college. Governor Hochul included a record $34.5 billion in total School Aid for school year 2024, making the highest level of State aid ever, and also secured the reissuance of 22 charter schools. The Budget also includes significant investments for SUNY's Transformation and CUNY's Strategic Needs.
Funding for education includes:
Supporting Homeowners, Tenants, and Public Housing Residents
Governor Hochul announced new efforts to support homeowners, tenants, and public housing residents as part of the FY 2024 Budget. The Budget includes historic investments in rental assistance for the most rent-burdened New Yorkers and residents of public and subsidized housing, funding support and assistance for homeowners, the creation of a nation-leading program to combat childhood lead exposure in residential buildings, the first-ever Upstate Tenant Protection Unit, and funding for legal services and representation for eviction cases statewide. Together, these initiatives reflect the Governor's continued effort to combat New York's housing crisis and make the state more affordable and more livable for all New Yorkers.
Funding for housing includes:
Expanding Public Transit Access, Affordability, and Safety
Over the past year, Governor Hochul has advanced the completion of the Long Island Rail Road's Third Track project, open the nation's newest rail terminal at Grand Central Madison, broke ground on the Metro-North Penn Station Access project, and pushed other major projects forward, including the Second Avenue Subway and the Interborough Express.
Governor Hochul has worked tirelessly with partners in the MTA, New York City, and the State to strengthen the long-term fiscal stability of the MTA, while ensuring continued progress in rider safety. The FY 2024 Budget calls for: