On Thursday, April 27, 2023, Governor Hochul announced she reached a “conceptual agreement” with the Legislative Leaders, Senate Majority Leader Andrea Stewart-Cousins (D) and Assembly Speaker Carl Heastie, on the FY 2024 budget. The Legislature finished passing the budget bills in the late hours of Tuesday, May 2, 2023, over a month after the April 1st deadline.
The enacted budget totals $229 billion (all funds). According to the Governor’s office, “The Enacted Budget will hold State Operating Funds spending under 3 percent in FY 2024 and will increase the State's reserves to a record level of 15 percent, as proposed by the Governor in the first months of her administration.” Enclosed is comprehensive report on the budget by subject of particular interest.
Topics covered:
Health Related Provisions
Mental Health-Related Provisions
Mental Hygiene (OMH/OASAS) Appropriations of Note in Aid to Localities
Affordability
Cannabis-Related Provisions
Other Provisions of Note
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