Governor Hochul Signs Budget That Makes New York More Affordable, Keeps New Yorkers Safe And Expands Opportunity For All

Governor Kathy Hochul today signed her FY 2027 Budget making New York more affordable, keeping New Yorkers safe and expanding opportunity for all. The Governor delivered sweeping measures to lower costs including putting New York on a path to universal childcare, reducing utility costs and delivering energy rebate checks, and bringing auto insurance rates down for drivers. She also implemented a surcharge on luxury New York City second homes, generating much needed revenue for the City without impacting everyday New Yorkers. Additionally, the Governor continues to build on her unprecedented investments in public safety with more than $900 million in funding, measures to crack down on illegal 3D printed guns, and a nation leading package of immigration protections that keep New Yorkers safe.

“Every proposal included in this Budget was a fight for New Yorkers and their future. Working with my partners in the Legislature, we delivered an ambitious agenda that will lower costs for hardworking families, keep New Yorkers safe and create opportunity for all,” Governor Hochul said. “While Washington continues to make life more difficult for New Yorkers, I’m doing everything in my power to make real, tangible progress on the issues New Yorkers are facing and I will always fight for the people who call this great state home.”

Delivering Universal Childcare

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