Statement From Senate Democratic Leader Malcolm A. Smith On Passage Of The 2008-09 Fiscal Year Budget

April 10, 2008

(Long Island, N.Y.) A final budget vote was made for the 2008-09 Fiscal Year Budget from the floor of the Senate Chamber on Wednesday, April 9, 2008. The below is a statement released from the New York State Senate Democratic Conference.

“This budget is a victory for all New Yorkers that includes a record school aid increase of $1.7 billion, including $1.2 billion in school foundation aid that ensures New York state continues to produce the best and the brightest. I would like to congratulate Governor Paterson for his commitment to the people of this state, and my colleagues in state government, for passing a timely budget that addresses the needs of all New Yorkers.

This is a far-reaching budget that will impact all 19 million state residents, including providing funding for health care, financial and legal counseling to educate potential homebuyers, as well as, a strong financial commitment to the upstate economy. It should be recognized that Senate Democrats played an instrumental role in moving the budget process forward. This budget shows that this is truly One New York.

And, while these are extraordinary times, with a sluggish state economy, I am confident that the $380 million boost in economic aid to upstate New York will help spur the statewide economy. While there is still a great deal of work and economic uncertainty ahead, this “people’s budget” represents a giant step towards restoring the public’s faith, hope and trust in state government. Again, I would like to commend Governor Paterson for stepping up and successfully delivering a budget under unprecedented conditions. Assembly Speaker Sheldon Silver, Senate Majority Leader Joseph Bruno and Assembly Minority Leader James Tedisco should also be thanked for their dedication and cooperation in concluding timely budget negotiations.”

Photo: FINAL BUDGET VOTE – Senator Craig Johnson (D – Port Washington) studies budget bills during the debate prior to the final vote on the State Budget for Fiscal Year 2008-09.