Legislature Agrees to Spending Deal
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
ALBANY — Although they missed the goal of an on-time budget to help put an unprecedented month of scandal and turmoil behind them, the Senate and Assembly struck a tentative agreement yesterday on spending bills in a $124 billion state budget scheduled to be approved today. The budget was due April 1. The tentative agreement negotiated behind closed doors would increase spending 4.5% and includes $1.1 billion in capital projects statewide. A record $1.8 billion increase in school aid — to a total of about $20 billion, is also included. And despite the nearly $5 billion deficit and declining revenues.
