"It's what's wrong with this process, Heastie said. I'm gonna only talk about policy, and then when I think the Legislature is giving me what I want on policy, then we'll talk about money. There's so many open issues on money. We've signed off on nothing major. Budgets are supposed to be about money."
"While Hochul outlined major policy agreements, she offered few firm answers on several issues central to New York City's budget picture, including class-size mandate funding, whether the city would receive AIM-style municipal aid and the cost of possible Tier 6 pension changes."
"Mayor Mamdani, speaking later Thursday at an unrelated press conference, struck a more optimistic tone than Heastie but acknowledged that negotiations were still unfinished. He said the city had seen progress toward closing its budget gap and that he remained in regular contact with Hochul, Heastie, and Senate Majority Leader Andrea Stewart-Cousins."
Governor Kathy Hochul presented a $268 billion state budget framework over a month past the April 1 deadline, featuring sharply limited cooperation with federal immigration authorities and a $1 billion one-time energy rebate. However, Speaker Carl Heastie immediately questioned whether a true budget agreement had been reached, citing numerous unresolved spending issues. Critical uncertainties persist regarding class-size mandate funding, municipal aid eligibility, and Tier 6 pension costs. The proposed pied-a-terre tax on luxury second homes remains under finalization. Mayor Mamdani expressed cautious optimism about progress on the city's budget gap while acknowledging ongoing negotiations with state leadership.
Read at www.amny.com
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