Nys Budget 2025 Passed. The executive budget briefing book contains the budget director’s message, which presents the governor’s fiscal blueprint for the fy 2025 fiscal year and explains the state’s financial plan. New york city’s fiscal year 2025 budget modification raises current year spending to $115 billion, primarily reflecting the addition of federal and state grants to the plan.

Finn hoogensen is a digital journalist who has covered local news for more than five years. Governor hochul unveiled a balanced budget for fy 2025 that contains record investments and no income tax increases.