New York State Comptroller Thomas P. DiNapoli released the following statement on Governor Hochul’s executive budget proposal:

“Governor Hochul introduced an executive budget proposal at a critical moment in our state’s history. As we continue our recovery we are faced with many challenges, but the proposed budget sets forth the Governor’s priorities to address them while also recognizing the importance of achieving and maintaining long-term structural budget balance.

“The Governor announced significant funding increases for health care, infrastructure, affordable housing, and environmental projects, as well as support for vulnerable New Yorkers and continuation of the plan to fully fund school foundation aid. These are important objectives that will require careful balancing with other state and local funding needs and available resources, now and into the future. The Governor’s commitment to building the state’s reserves is something I have called for repeatedly and is critical to planning for future unforeseen events.

“State revenue is running well ahead of projections, and the proposed budget includes significant federal aid to support our recovery. The state has the opportunity to provide needed relief to the many individuals, small businesses and sectors that are still struggling. We must make sure these funds are allocated effectively and properly used.

“My office will review all of the executive budget proposals and release a more detailed analysis soon.”

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