New York State budget tweaks Foundation Aid formula
- New York Governor Kathy Hochul signed a $254 billion state budget for fiscal year 2026 that includes the creation of a new Office of Gun Violence Prevention.
- The budget responds to increasing safety and public health concerns by funding community violence intervention, youth programs, and expanding mental health and discovery reforms.
- It also invests heavily in affordable housing, education, climate resiliency, public transit, and provides tax relief aimed at middle-class families and working New Yorkers.
- The budget provides $357 million dedicated to programs aimed at preventing gun violence and includes $2 billion in inflation relief payments, offering up to $400 to more than 8 million residents.
- While supporters praise historic investments and reforms, critics highlight concerns over spending growth, budget secrecy, and the delayed approval process that lasted over a month.
13 Articles
13 Articles
New York State budget tweaks Foundation Aid formula
ALBANY, N.Y. (NEXSTAR) — New York State's enacted budget boosts school aid statewide, altering the foundation aid formula that allocates money to districts. It sets a new record at $37.6 billion for K–12 public schools in fiscal year 2025—about $14,000 per pupil—representing an increase of $1.7 billion over fiscal year 2024. Foundation Aid—the main state funding program—is $26.4 billion, up $1.4 billion over last year. That formula covers expens…
Hochul criticized over $254B policy-laden budget
(The Center Square) — Gov. Kathy Hochul and New York's Democratic legislative leaders are being criticized for muscling through a $254 billion late state budget packed with controversial policy items that dramatically increases state spending.
New York state budget creates Office of Gun Violence Prevention
ALBANY, N.Y. (NEXSTAR) — The enacted state budget for fiscal year 2025 creates a formal New York State Office of Gun Violence Prevention to consolidate gun control efforts. OGVP will be part of the Division of Criminal Justice Services, the agency that oversees law-enforcement training and data collection. Get the latest news, weather, sports and entertainment delivered right to your inbox! OGVP “will direct the coordination of state, loca…
NY Budget Includes Funding for ‘Office of Gun Violence Prevention’ - Liberty Park Press
New York Gov. Kathy Hochul will have a new Office of Gun Violence Prevention in the next fiscal year budget. (Image courtesy Gov. Hochul’s office) New York state lawmakers in Albany have adopted a new state budget which includes $2.5 million for the creation of a state Office of Gun Violene Prevention (OGVP), an offshoot of the now-defunct Biden administration program which was scrapped almost immediately after President Donald Trump was sworn …
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