Updated: 03/30/2014 1:21 PM
Created: 03/29/2014 11:35 PM WHEC.com
If you're a homeowner, you could be in line for some relief on your property taxes.
For a fourth year in a row, New York State is expected to pass a budget by the April 1st deadline. Governor Andrew Cuomo released a statement Saturday morning saying there's an agreement on the $138 billion spending plan, which includes $5 billion in one-time federal aid.
Governor Cuomo says the new budget holds spending growth to less than two percent and would give back $1.5 billion to homeowners who live in communities that consolidate or work out ways to share services with other local governments. He says the budget would increase aid to education by $1.1 billion. High needs school districts would get as much as a 70 percent increase, and the budget also allocates $340 million for universal Pre-K.
Assembly Majority Leader Joe Morelle says "We're holding the line on taxes, we're decreasing property taxes, we're decreasing business taxes to spur job growth and development and investing in our children, finishing the budget on time for the fourth year in a row. I think all in all it represents great opportunities."
State Senator Joe Robach said "First and foremost, I was really happy about, in addition to approximately $88 million for AIM, which is unrestricted funds for Rochester, we were able to add $6 million exclusively for the city of Rochester to help them with their budget. Hopefully have them avoid budget cuts or tax increases."