Legislative leaders said they were working toward an early budget for the 2013-14 fiscal year, which starts April 1. The leaders said they were moving to have the budget approved by next Thursday, March 21.
Lawmakers announced today that $550 million in the $136 billion budget proposal by Gov. Andrew Cuomo would be redirected, including $200 million in additional tax revenue that the sides agreed to earlier this month.
The largest change would be $290 million in aid for schools, part of $21 billion expected to be headed to the roughly 700 districts in the state.
Assembly Speaker Sheldon Silver, D-Manhattan, said it was too early to say how much aid was headed to each school districts or how other state funding would be dispersed. Another $70 million was expected to be spent on higher education.
Also, he and other legislative leaders said they had no decided whether thorny issues, such as increasing the minimum wage would be part of the budget.
“There is no resolution on anything at this point,” Silver told reporters today after meeting with Cuomo and other leaders behind closed doors at the Capitol.
Democrats want to increase the minimum wage from $7.25 an hour to $9 an hour. Republicans, however, haven’t indicated whether they would support the increase.
Lawmakers were working quickly to reach agreement. Budget subcommittees were meeting throughout the day to determine how the $550 million would be spent.
The goal, legislative leaders, said was to have a deal done by Monday. That would allow budget bills to age three days before they could be approved, avoiding the need for a message of necessity from Cuomo.
Cuomo was criticized in January for issuing a message of necessity to approve a gun-control law.