Budget Agreement Announced in Albany

By Bryan Mercer
By Brennan Smith

Budget Agreement Announced in Albany

March 27, 2012 Updated Mar 27, 2012 at 3:08 PM EST

Albany, NY (WBNG Binghamton) Four days ahead of New York's Budget deadline, leaders in Albany say they've come to an agreement.

While the proposed budget has yet to be voted on, Governor Andrew Cuomo's Office says he, along with Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver, have agreed on a plan to cut costs and create jobs.

A few highlights include a second round of regional council awards, $30 million for SUNY 2020 challenge grants, and the elimination of 25 government boards and commissions.

Commissions, the governor's office says, have become either inactive or redundant.

"It is a very solid budget, one that is going to shift our priorities," said State Senator Thomas Libous. "We looked at the priorities of education and infrastructure, and were able to move funding into those areas while holding the line on spending and doing what needs to be done in this state."

The budget deadline for New York state is April 1st.

This agreed on proposal has not yet gone to a vote.