New York Governor Kathy Hochul unveiled NY’s 2027 Budget, a $260 billion plan for state funding from April 2026 to March 2027. The budget keeps income taxes stable for New Yorkers while boosting investments in education and health care, two areas that directly affect families, students, and communities across the state.
Whether you’re a parent, student, or someone relying on public health programs, understanding NY’s 2027 Budget helps you see how your daily life might change.
Full Budget Book Available Here
Education: Record Funding for Schools and Students
NY’s 2027 Budget proposes $39.3 billion in school aid, the largest amount in state history. The goal is to strengthen classroom learning, expand early education, and keep college affordable.
Key highlights in education funding:
1. Universal Pre-K: $1.6 billion to expand access to early learning statewide.
2. Free School Meals: $395 million for Year Two of universal free meals, making sure students eat without added costs.
3. Library Construction Grants: $34 million to modernize and build local libraries.
4. Higher Education Support:
- $90 million to maintain tuition freezes at SUNY and CUNY four-year colleges.
- $12.5 million to expand free community college options.
Impact for New Yorkers: Families will have more access to early learning and free meals, while students in college or community programs could see lower education costs. Broader school aid funding aims to support classrooms statewide.
Photo: Mike Groll/Office of Governor Kathy Hochul
Health: Protecting Access and Services
NY’s 2027 Budget also emphasizes Medicaid and health care, allocating $38.2 billion to cover hospitals, clinics, nursing homes, and community programs.
Health care highlights:
1. Safety Net Support: $1 billion for hospitals and clinics serving low-income residents.
2. Hospital and Nursing Home Support: $750 million to maintain access to essential care.
3. Targeted Programs:
- $80 million for reproductive health care services.
- $17.5 million to expand teen mental health training programs.
- $3.2 million for regional cardiac emergency preparedness.
Impact for New Yorkers: Millions relying on Medicaid and public health programs will continue to receive care. Investments in mental health, reproductive care, and emergency services help protect access despite federal funding cuts.
What NY’s 2027 Budget Means for Families and Residents
Education: Expanded Pre-K, free meals, and college support reduce costs for families and help students succeed.
Health: Ongoing Medicaid and health funding ensures essential services remain available, keeping communities safe and healthy.
By maintaining support without raising income taxes, NY’s 2027 Budget shows the state’s focus on investing in people and services that matter most to residents.
FAQs About NY’s 2027 Budget
Will NY’s 2027 Budget raise taxes for families?
No. The budget does not propose new income taxes.
How much is being invested in schools?
$39.3 billion in total school aid, the highest ever.
How does the budget help health care?
$38.2 billion for Medicaid, plus targeted funding for hospitals, clinics, mental health, and emergency services.
When will this budget take effect?
The Fiscal Year 2027 budget runs from April 1, 2026, to March 31, 2027.
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