Tax hikes could offset Hochul's $3B 'rebate' checks, localities warn
UPDATED 10:37 AM ET Apr. 25, 2025
Upstate city electeds Thursday put the pressure on state leaders to put more unrestricted aid in budget for municipalities as several consider tax increases to overcome double-digit budget deficits.
As Gov. Kathy Hochul and legislative leaders near a final deal, local officials said $3 billion the governor wants to spend on one-time inflation "refund" checks for low- and middle-income families would be better spent making localities whole.