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Thursday, January 30, 2025

Finance committee releases FY 2026 executive budget analysis

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State Senator Thomas F. O'Mara, District 58 | Official U.S. Senate headshot

State Senator Thomas F. O'Mara, District 58 | Official U.S. Senate headshot

The "Staff Analysis of the FY 2026 Executive Budget" has been released to aid the Finance Committee and the Senate in their discussions. The document aims to provide a comprehensive understanding of the proposed budget for fiscal year 2026.

The analysis starts with an overview of the spending plan, followed by explanations of proposed changes affecting receipts. It also highlights Senate Issues in Focus and includes a summary of the Executive's Article VII language bills submitted as part of the budget proposal. Additionally, it offers an evaluation of recommended appropriations and analyzes the governor’s recommendations.

Thomas F. O'Mara, Ranking Member of Finance, expressed gratitude towards each member of the Senate Finance Committee for their dedication to passing a budget that benefits all New Yorkers. He also acknowledged the valuable assistance provided by the staffs of both the Senate Finance Committee and the Counsel and Program Office.

"Sincerely,

THOMAS F. O’MARA Ranking Member, Finance"

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