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NY plans to reduce 2021-22 higher education budget, even if state gets preferred federal support – The Statesman


 
EMMA HARRIS/STATESMAN FILE
Public higher education would suffer a reduction in funding under New York Gov. Andrew Cuomo’s proposed fiscal year 2021-22 state budget, which is contingent on $15 billion of federal support.
New York state’s revenue has suffered an estimated $19.7 billion reduction since the coronavirus pandemic, Cuomo said in his budget address on Jan. 19. In the worst case scenario, the state would only receive $6 billion in federal relief, which would force the state to make further budget cuts. Under Cuomo’s proposal, higher education would receive around $11.1 billion, a 9.2% reduction from the previous fiscal year when adjusting for inflation. ....

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