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Is This the Year NYS Pays Its Foundation Aid Debt? By Susan Arbetter City of Albany PUBLISHED 4:14 PM ET Mar. 31, 2021 PUBLISHED 4:14 PM EDT Mar. 31, 2021 SHARE One of the biggest questions surrounding the budget this year is whether it will include $4.3 billion for the state’s neediest schools: that’s $1.4 billion in Foundation Aid each year for the next three years.  Foundation Aid is the primary funding mechanism for school districts....

PUBLISHED 8:32 PM ET Mar. 15, 2021 PUBLISHED 8:32 PM EDT Mar. 15, 2021 SHARE The NYS Senate and Assembly passed their one house budgets on Monday, each proposing more than $200 billion in spending. These one house budgets will not be finalized as is, but if enacted would be one of the largest spending plans in New York’s history.  To put it in perspective, California’s state budget for 2020-2021 was $202.1 billion and California has nearly double the population. In contrast, Governor Andrew Cuomo’s budget proposal outlines $178 ...

The state’s annual spending plan is due April 1.

Gov. Andrew Cuomo is expected to unveil on Tuesday his plan for filling the largest budget deficit he’s encountered during his time in office, with

Marijuana legalization looms in New York as deficit balloons Democrats in control and poised to approve recreational drug use in New York Dan Clark FacebookTwitterEmail 6 1of6Cannabis nearing harvest is grown inside the Vireo Health medical marijuana production facility on Monday, Nov. 9, 2020, in Fulton County, N.Y. (Will Waldron/Times Union)Will Waldron/Albany Times UnionShow MoreShow Less 2of6Cannabis nearing harvest is grown inside the Vireo Health medical marijuana production facility on Monday, Nov. 9, 2020, in Fulton County, N.Y. (Will Waldron/Times Union)Will Waldron/Alb...