State legislative leaders and Governor Andrew Cuomo reached an agreement on Tuesday afternoon for spending plan going into fiscal year 2022 — but the handshake came six days beyond the April 1 deadline.
The budget includes $29.5 billion in aid to schools, $29 billion in public and private “green economy investments,” $2.4 billion for rent and mortgage relief, legalized mobile sports betting and other facets that Cuomo believes will contribute to a recovery from the COVID-19 pandemic as vaccinations become the norm across the state.
