City & State New York 041221

Page 6

THE 6

CityAndStateNY.com

April 12, 2021

STATE BUDGET BY THE NUMBERS

29.5

BREAKING DOWN THE $212 BILLION DEAL

$

The amount of state aid to school districts, a $3 billion increase over last year

4.3

BILLION

2.1 $ BILLION The amount of money allocated to a relief fund for undocumented immigrants, who have been ineligible for other types of aid during the pandemic

2.4 2

The number of new tax brackets created in the budget, for people earning over $5 million and over $25 million The size of the Emergency Rental Assistance Program, providing aid to renters

BILLION

New annual revenue from taxes on the wealthy and on businesses, but only $3.5 billion will be collected for the current fiscal year

BILLION

50,000 The number of people state Sen. Liz Krueger estimated will be affected by tax increases

$1 BILLION

Investments in small businesses, including $800 million in grants


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