Recommendations for the New York State 2005-2006 Budget
Governor George E. Pataki presented the Executive Budget for fiscal year 2005-2006 on January 18, 2005. Consistent with legal requirements, he updated the proposed budget on February 8 and February 19. The State Legislature is now considering the Governor’s proposals, and it is scheduled to adopt a budget before the new fiscal year begins on April 1, 2005. This memorandum presents recommendations to the Legislature, and particularly its Conference Committees, for the enacted budget.
Four key recommendations:
- Significantly reduce spending on Medicaid and ineffective programs.
- Make meaningful progress in a long-run realignment of State and local fiscal responsibilities for Medicaid and school financing.
- Balance the budget with recurring revenues.
- Enact the budget on time and in full sunlight.