Jan 22 New York Governor Andrew Cuomo proposed
on Tuesday a $136.5 billion state budget for fiscal 2014 that
boosts education spending and closes a $1.3 billion gap without
The spending plan, which would be a 1.9 percent increase, or
$2.5 billion, from the current fiscal year, must be approved by
The state's fiscal year begins April 1, three months earlier
Cuomo's proposal would increase money for education by $889
million, or 4.4 percent from current levels.
The state would save some money by keeping total spending
increases below 2 percent for a third straight year. New York
could save nearly $974 million because of government cost
control efforts, Cuomo said.