On March 27, Governor Andrew Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver announced an agreement on the 2012-2013 New York State budget. The Legislature is expected to pass the enabling legislation this week, finishing no later than Friday, which will mean that the budget will have been passed on time. So what's the big deal about that, you might ask? It is kind of a big deal because this is the second year in a row that the budget has been passed on time. The New York State constitution mandates that the budget be passed by March 31 each year; however, the most recent time before last year that it was actually passed by that date was in 1984. True, in a few years the legislation passed on April 1, 2 or 3, but in 2004 it was delayed until August 11.
Congratulations, Governor Cuomo and New York State legislators!