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Gov. expected to call for $1.5B for Pre-K in NYS
Albany, N.Y. - On Tuesday, when Governor Cuomo releases his 2014-15 budget proposal, he is expected to detail how he will pay for a broad program of tax breaks, while maintaining funding for health care, infrastructure and schools.
Cuomos previous two budgets have increased spending by roughly four percent.
School districts say those increases haven't been enough to offset reductions of previous years, leaving them with less funding now then in 2008-09. Comptroller Thomas DiNapoli last week said 13 percent of school districts statewide are considered fiscally stressed.
The Board of Regents has recommended a $1.3 billion school aid increase for next year. A coalition of administrator and parent groups hopes for $1.5 billion.
Cuomo says the budget, which is expected to top $136 billion, will usher in surpluses IF--- lawmakers hold spending growth below 2 percent for three years.
The New York Daily News reported Cuomo will also call for $1.5 billion in state funding over 5 years for universal Pre-K in New York State.
The governor also reportedly plans to launch new protection for student loan borrowers, which includes establishing a watchdog group called the "Student Protection Unit" which would keep an eye on student loan companies and other financial firms. It would solely focus on students from New York.