January 23, 2015
Governor Cuomo’s $141.6 billion Executive Budget for State Fiscal Year 2015-2016 proposes to limit spending growth to 2% while also spending the $5.4 billion in one-year money the State received from settlements with financial institutions on economic development and infrastructure.
The Executive Budget includes numerous proposals that will benefit children and families including increasing the minimum wage, raising the age of criminal responsibility so that 16 and 17 year olds are not treated as adults in the justice system, and increasing resources for affordable housing, supportive housing and funding to address homelessness.
CCC’s Summary of the New York State Fiscal Year 2015-2016 Executive Budget Proposals provides a detailed summary of the proposals related to children and categorizes them as positive, negative or requiring further assessment by CCC.
For more information about the New York State Budget process, you may also read our one-page guide, New York State Budget 101.