The FY 2024 Executive Budget reflects Governor Hochul’s bold agenda to make New York more affordable, more livable, and safer by making smart, responsible investments in mental health care, public safety, housing, education, climate initiatives, and more.
FY 2024 Budget Highlights
Driving Down Gun Violence
Governor Hochul's major public safety investments are aimed at reducing violent crime and enhancing quality of life.
Fixing the Continuum of Mental Health Care
A long-term $1 billion investment will address the unmet mental health needs of New Yorkers.
Addressing the Housing Crisis
The New York Housing Compact will address a historic housing shortage in NYS and build 800,000 new homes over the next decade.
Supporting Students & Schools
Governor Hochul will allocate a historic $34.5 billion in total School Aid, the highest level of State aid in history.
Making Child Care More Accessible and Affordable
Investing an unprecedented $7.6 billion over four years will make the child care system more accessible and affordable.
Addressing the Climate Crisis
A $5.5 billion investment will promote energy affordability, reduce emissions, and invest in clean air and water.
Building a Stronger Health Care System
The Executive Budget adds $1 billion in health care capital funding, expands Medicaid coverage, and improves access to aging services.
Boosting New York's Economy
The Executive Budget accelerates Gov. Hochul’s vision of making New York the most business-friendly and worker-friendly state in the nation.
Expanding Public Transit Access, Affordability & Safety
Investments will strengthen the long-term fiscal stability of the MTA while ensuring continued progress in rider safety.