"Gov. Kathy Hochul announced plans to increase state support for New York City by $1.5 billion on Monday. Hochul and Mayor Zohran Mamdani say the massive investment package will help stabilize New York City's finances over the next two years. It will provide $300 million for youth programming, $150 million for restored sales tax revenue and $60 million for public health."
"It will provide $300 million for youth programming, $150 million for restored sales tax revenue and $60 million for public health."
Gov. Kathy Hochul announced plans Monday to increase state support for New York City by $1.5 billion. The investment package aims to stabilize the city's finances over the next two years. The funding allocates $300 million for youth programming to expand services for young residents. Another $150 million restores sales tax revenue to the city, bolstering general revenues. An additional $60 million is designated for public health initiatives to support health services and programs. The funds are intended to provide short-term fiscal stabilization and targeted program support.
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