For reactions to the budget feel free to start here. Much more here, here, and here.
N.Y. Gov. Cuomo Unveils Slash-and-Hack Budget: MyFoxNY.com
— $132.9 billion total budget.
— Reduces overall government fund spending 2.7 percent including a loss of $6 billion in federal stimulus money.
— Cuts Medicaid $1 billion, or 2 percent, to $52.8 billion.
— Cuts public school aid $1.5 billion, or 7.3 percent, to $19.4 billion.
— Cuts $170 million in support for state and city senior colleges and $46 million in base aid to community colleges; extends reductions in tuition assistance awards for a second year.
— With no contracts in place for the coming year, promises to work with unions representing 94 percent of the state work force for future, ongoing savings.
— Proposes up to 9,800 state layoffs if negotiated savings aren't reached; Cuomo says he still wants a wage freeze for the year.
— Adds $340 million in "revenue enhancements," with better tax collections from more electronic filing, lottery adjustments and a surcharge on state racing purses.
— Limits growth in property tax exemption benefits in the STAR program, which result from declining property value, to 2 percent.
— Creates a task force to recommend prison closures; merges corrections and parole agencies and cuts six parole board positions; cuts budget $237 million to $2.76 billion.
— Proposes more preventive local services for juvenile justice programs and reducing detention facilities.
— Cuts State Police budget $60 million to $647 million.
— Cuts environmental and energy program spending 6.5 percent, with $1 billion for the Department of Environmental Conservation, $209 million for the Office of Parks Recreation and Historic Preservation and $134 million for programs supported by the Environmental Protection Fund.
— Cuts aid to cities, towns and villages by 2 percent, with an estimated $301 million savings from no payment to New York City for the second straight year.
— Cuts aid to mental health agencies by $227 million to $8.2 billion.
— Merges banking, insurance and consumer protection agencies into a new Department of Financial Regulation.
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