Executive Budget Overview
Governor Hochul's FY 2027 Executive Budget lays out her plans for a stronger, safer, and more affordable New York. Built to protect taxpayers and New York’s economic growth, while preparing for uncertainty from Washington, the Governor’s budget funds a path to universal child care and makes historic investments in health care, affordable housing and infrastructure without asking New Yorkers to pay more.
A Balanced Budget
Supporting New Yorkers Statewide
The FY 2027 Executive Budget includes $260 billion in total spending, ensuring that federal cuts don't force vulnerable New Yorkers to lose care while protecting taxpayers.
Preparing for a Rainy Day
The Executive Budget maintains $14.6 billion in reserves to protect New York during economic downturns or emergencies.
Lowering Borrowing Costs
New York’s AA+ credit rating—the State’s highest since 1972—helps lower borrowing costs and saves taxpayers money.
More Information
FY 2027 Executive Budget Funding State of the State Initiatives
Governor Hochul’s 2027 Budget lays out a plan to realize her 2026 State of the State vision for a stronger, safer, and more affordable New York. Together, the State of the State and the Budget reflect a clear commitment to fighting for New York families. Learn more about the State of the State proposals.
Watch: Governor Hochul's FY 2027 Budget Address
https://www.youtube.com/embed/YG3rI95TAdI