AGENCY TESTIMONY
Restorations and additions in the executive budget
1:30:13
·
100 sec
The IBO outlines various restorations and additions made in the executive budget, covering multiple departments and programs. These changes address funding gaps and reinstate previously cut programs.
- $64 million added to reinstate two NYPD classes previously eliminated
- $514 million added to fund Department of Education programs previously funded by federal COVID aid
- $741 million in new funding for wage increases for human service organization employees
- $50 million added for child care as part of the Child Care Quality and Innovation Initiative
- $92 million added to the 3K budget in 2025 to close the federal stimulus gap
- Gaps remain in various programs, including 3K, pre-K expansion, and subsidized childcare
Louisa Chafee
1:30:13
I'm going to go through some restorations and additions.
1:30:17
For 2025, 64,000,000 was added to reinstate 2 New York City Police Department classes that had previously been eliminated with additional funds through the plan period.
1:30:29
The administration added 514,000,000 in 2025 to fund the Department of Education Programs previously funded by federal COVID aid.
1:30:39
This addition of both city and state funding will plug some, though not all, of the existing DOE gap.
1:30:46
Similarly, the Administration is proposing to add 741,000,000 in new funding intended to increase wages for the employees of human service organizations under contract with the city.
1:30:58
After the executive budget was published, the administration announced the addition of $50,000,000 for child care as part of the Child Care Quality and Innovation Initiative for New York City.
1:31:10
Previous financial plans funding across early childhood programs in the executive budget I'm sorry, they cut funding.
1:31:17
I missed that word.
1:31:19
Across early childhood programs.
1:31:21
In the executive budget, the Administration added $92,000,000 to the 3 ks budget in 25 to close the federal stimulus gap, although the gap remains in the out years.
1:31:32
To bring funding for 3 k and pre k expansion up to previously budgeted levels, an additional 351,000,000 in 2025 would be needed.
1:31:43
Similarly, the gap for the subsidized childcare budget is $136,000,000 Now let's talk about the program to eliminate the gap, the PEGS.
