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For Release — March 30, 2015

Budget agreement announced with details expected later today

ALBANY, N.Y.—Governor Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Carl Heastie have announced a final agreement for the state’s Fiscal 2015-16 budget. The agreement calls for a fifth consecutive low-growth and on-time budget and avoids imposing several significant new costs and mandates on private sector business.

“For our members, this is a “less is more” state budget with continued discipline on state spending,”

—said Heather C. Briccetti, Esq. president and CEO of The Business Council.

Details of the spending plan will be released later today when all of the budget bills have been finalized.