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Budget deal includes aid for proposed Batavia plant
Albany, N.Y. - State lawmakers are expected to vote on a budget agreement Monday,
The governor and state lawmakers reached a $140 billion deal late Friday. It would increase state spending by nearly two percent, enact public campaign finance reform and provide tax breaks to homeowners and businesses.
The budget also includes $33 million for the Science, Technology and Advance Manufacturing Park, or STAMP, near Batavia.
The money would go toward real estate and infrastructure development of the site.
Supporters have said the would-be nanotechnology research and manufacturing hub could bring as many as 10,000 jobs to western New York.
$1.1 billion will also go toward school aid, and $340 million for statewide Pre-K, with most Pre-K aid going to New York City schools.
The agreement bans standardized tests in early grades and prevents student from being held back if they fail the states new Common Core tests.
If it passes today, it would mark the fourth consecutive on-time budget for New York.