Governor Kathy Hochul Unveils FY 2026-2027 Executive Budget

Governor Kathy Hochul has officially released New York State’s FY 2026–27 Executive Budget (FY 2027), kicking off the annual budget process and setting the stage for months of legislative negotiations, stakeholder engagement, and policy debate. Alongside the Governor’s overview materials, the Executive Budget package includes a full slate of spending bills and Article VII legislation. These measures will shape priorities across state government and have real implications for communities, employers, nonprofits, local governments, and service providers statewide. 

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As the Legislature begins its review, Joint Budget Hearings will provide an early window into the major issues likely to drive budget talks. This year’s joint hearings begin on Tuesday, January 27^th with Agriculture & Markets and Parks & Recreation, and conclude on Thursday, February 26^th with hearings on Economic Development and the Arts, and Taxes. 

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The Executive Budget legislation is anchored by the FY 2027 Appropriations Bills, including the State Operations, Legislature and Judiciary, State Debt Service, Aid to Localities, and Capital Projects bills, which together outline the Governor’s spending plan for the coming fiscal year. 

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Complementing those bills are the FY 2027 Article VII proposals, which contain the policy and statutory changes needed to implement key elements of the budget. Article VII bills are organized by major subject areas, including Public Protection and General Government (PPGG), Education, Labor and Family Assistance (ELFA), Health and Mental Hygiene (HMH), Transportation, Economic Development and Environmental Conservation (TED), and Revenue (REV).  All Article VII and Appropriation bills can be viewed below. 

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Executive Budget Legislation:

FY 2027 Appropriations Bills

• State Operations Appropriations Bill
• Legislature and Judiciary Appropriations Bill
• State Debt Service Appropriations Bill
• Aid to Localities Appropriations Bill
• Capital Projects Appropriations Bill

FY 2027 Article VII Bills

Public Protection and General Government (PPGG)

• Public Protection and General Government Article VII Bill
• Memorandum in Support | Public Protection and General Government Article VII Bill

Education, Labor and Family Assistance (ELFA)

• Education, Labor and Family Assistance Article VII Bill
• Memorandum in Support | Education, Labor and Family Assistance Article VII Bill

Health and Mental Hygiene (HMH)

• Health and Mental Hygiene Article VII Bill
• Memorandum in Support | Health and Mental Hygiene Article VII Bill

Transportation, Economic Development and Environmental Conservation (TED)

• Transportation, Economic Development and Environmental Conservation Article VII Bill
• Memorandum in Support | Transportation, Economic Development and Environmental Conservation Article VII Bill

Revenue (REV)

• Revenue Article VII Bill
• Memorandum in Support | Revenue Article VII Bill

The Administration has released supporting materials such as the Executive Budget Briefing Book, the Capital Program and Financing Plan, the Economic and Revenue Outlook, and the Aid to Localities and School Districts report. These resources help stakeholders better understand the spending plan, financial assumptions, and regional impacts. 

• Briefing Book | FY 2027 Executive Budget
• Capital Program and Financing Plan | FY 2027 Executive Budget
• Economic and Revenue Outlook | FY 2027 Executive Budget
• Aid to Localities and School Districts | FY 2027 Executive Budget

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Ostroff Associates is actively reviewing the full Executive Budget package and will be flagging items of interest as details emerge. If you’d like to discuss how the FY 2026–27 Executive Budget may affect your organization, or how to engage effectively as negotiations unfold, please reach out to your designated lobbyist.

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