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Governor Hochul proposing 3.1% increase in tax dollars for proposed $216 billion dollar budget

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Credit: NYS Executive Office

ALBANY, NEW YORK   AP- New York would boost state school aid, provide sweeping property tax relief and deliver bonuses to healthcare workers over the next year if lawmakers pass a $216.3 billion budget outlined by Gov. Kathy Hochul Tuesday.

Hochul is proposing a 3.1% spending increase in taxpayer dollars for her 2022 proposed budget, which would run from April through March 2023.

The Democratic governor says that the spending increase is just below the rate of inflation. Top legislative leaders are expected to keep negotiating with Hochul to finalize the budget, which must be in place by April 1.

—Copyright 2022   Associated Press.  All rights reserved.  This material may not be published, broadcast, rewritten or redistributed.

 

 

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