Why School Aid is a Big Deal This Year in the Budget
PUBLISHED 1:56 PM ET Apr. 06, 2021
PUBLISHED 1:56 PM EDT Apr. 06, 2021
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Three years ago, Cynthia Nixon launched an unlikely bid for the Democratic gubernatorial nomination in part over a push to boost direct aid for schools in New York's budget.
Nixon did not win. But the idea ultimately did.
State lawmakers are on the verge of approving a budget that increases direct aid to schools by $1.4 billion over the next several years to more than $4 billion once fully phased in.
The move will be funded in large part with tax increases on upper income earners and businesses, and expanding the size of the state budget in the process when taking federal aid into consideration, expected to clock in around $200 billion.