Let me share the details of our preliminary budget for the upcoming fiscal year, the needs that we're meeting, and the investments we're making in New Yorkers. This is a budget that is balanced at $122 billion in fiscal year 2026 and $127 billion in fiscal year 2027. You can see here the breakdowns in spending by percentage of agency budgets. 40% of funding that goes to agencies is going to DOE, 26% is going to social services, … (12:20–12:30)
CLAIM
Asserts that the budget is balanced at $122 billion for 2026 and $127 billion for 2027.
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