New York State Passes FY27 Budget

Yesterday evening, state lawmakers passed the $268.5B FY27 state budget, reflecting an increase of $14B from FY26. The budget was passed eight weeks after the deadline of April 1, and will be retroactively in effect from April 1, 2026 to March 30, 2027. Governor Hochul’s statement on the budget is available here, Speaker Heastie’s statement is […]