GOVERNOR CUOMO ANNOUNCES HIGHLIGHTS OF FY 2020 BUDGET

Fights Back Against Washington’s Assault on the Middle Class – Makes the Property Tax Cap Permanent, Limits Spending to 2% and Cuts Taxes for the Middle Class

Supports Reform of the MTA with Long-Term Revenue Streams Including Central Business District Tolling

Funds Capital Projects to Begin in FY 2020 as Part of the Governor’s Unprecedented $150 Billion Investment to Support Infrastructure Projects Across the State

Increases School Aid by Over $1 Billion, Bringing Total School Aid to $27.9 Billion, and Promotes Education Equity by Prioritizing Funding for Poorer Schools

Enacts Key Criminal Justice Reform by Reforming Cash Bail, Restoring Speedy Trials and Transforming the Discovery Process

Strengthens Women’s Agenda Initiatives by Improving Access to IVF and Egg-Freezing Services, Instituting a Rape Shield for Sex Trafficking Victims and Investing in Initiatives to Combat Maternal Mortality

Codifies Affordable Care Act Provisions, Including the State’s Health Insurance Marketplace, Into State Law

Governor Andrew M. Cuomo today announced the highlights of the FY 2020 Budget. The Budget, building upon the Governor’s 2019 Justice Agenda, delivers comprehensive provisions to ensure social and economic justice for all, protects New Yorkers against Washington’s continued federal rollbacks and assaults on the middle class, increases education funding, reforms the state’s criminal justice system, supports New York’s ongoing commitment to a strong women’s agenda and prioritizes investments in infrastructure projects critical to meeting New York’s 21st century needs. For the ninth consecutive year, the Budget is balanced and holds spending growth at 2%.

“This is the broadest, most sweeping state budget that we have done and for the ninth straight year it was both timely and fiscally responsible,” Governor Cuomo said. “We are not here to do the easy issues – we are here to do the hard ones, the ones that gave you unease in the pit of your stomach because those are the ones that need to be achieved. From making the property tax cap permanent to reforming and funding the MTA to making our criminal justice system fairer to fixing campaign finance, this budget head-on addresses the tough issues that have been facing this state for far too long. These progressive reforms combined with the rest of our 2019 Justice Agenda demonstrate to the nation that it’s possible to make the tough calls and move forward regardless of Washington’s dysfunction.”

Highlights of the FY 2020 Enacted Budget:

  • State Operating Funds spending is $102.1 billion for the ninth consecutive year, holding growth to 2% (State Operating Funds exclude Federal funds and capital)
  • All Funds spending $175.5 billion for FY 2020
  • Makes permanent the 2% property tax cap, building upon the approximate $25 billion in taxpayer savings since it was implemented in 2012
  • Reforms and funds the MTA with an estimated $15 billion to be raised through Central Business District tolling
  • Increases school aid by over $1 billion, bringing total school aid to a record $27.9 billion
  • Delivers sweeping criminal justice reforms by eliminating cash bail for misdemeanors and non-violent offenses, ensuring the right to a speedy trial, and transforming the discovery process
  • Builds upon the Governor’s unprecedented commitment to invest $150 billion in infrastructure projects over the next five years, generating 675,000 jobs
  • Codifies provisions of the Affordable Care Act
  • Bans single-use plastic bags
  • Launches the food waste recycling program
  • Extends Janus protections to all local governments and guarantees the right to organize and collectively bargain
  • Builds upon voting reform passed within the first 10 weeks of the legislative session
  • Invests an additional $500 million in clean water infrastructure, increasing the State’s historic investment to $3 billion

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