Education advocates are optimistic that a brighter state revenue picture would allow legislators to boost school aid.
The Assembly’s economic forecast concludes that two-year revenues will be $1.25 billion than originally projected by Gov. Andrew Cuomo. The state Senate’s report states that total tax receipts would be $1.47 billion higher than estimates.
Education officials are hoping for a larger aid increase than the one proposed by Cuomo — $769 million to $26.4 billion total.
“The state’s economic picture appears to be brightening, and more money will be available for the state budget than initially thought. This is great news for our public schools, colleges and hospitals, which need a much larger investment of state dollars just to maintain current programs and services,” said New York State United Teachers President Andy Pallotta in a news release.