The 2025 fiscal year budget plan adds $500 million to the city's funding for the crisis, increasing the investment next year by the state from $1.9 billion to $2.4 billion.
Additional details from Hochul's state budget plan include: More than $40 million to tamp down on retail theft... $10 million to combat hate crimes $100 million to pay for campaign financing
It does not raise taxes and maintains a historic level of reserves to mitigate the impact of any future economic downturn.
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