Hochul to reveal framework of state budget
NEW YORK (WABC) -- When Governor Kathy Hochul unveils the framework of the state's budget Thursday morning, the city is not expected to get any more money than already publicly promised.
But if Governor Hochul is able to send more money to city schools, as she indicted was on the table earlier this week, or delays implementing class-size mandates for public schools, that could provide around $600 million in relief. Adjusting payments to pension funds could also free up another $1.5 billion.
The state's budget has been delayed more than a month as Hochul works on several controversial proposals: a pied-à-terre tax on expensive second homes in the city, and rolling back the state's climate change laws and lowering the cost of car insurance, among others.
----------
* Get Eyewitness News Delivered
* Download the abc7NY app for breaking news alerts
Submit a tip or story idea to Eyewitness News
Have a breaking news tip or an idea for a story we should cover? Send it to Eyewitness News using the form below. If attaching a video or photo, terms of use apply.
