State lawmakers reach budget deal that includes $300M for universal pre-K

State lawmakers have reached a deal for New York's budget for the 2014-15 fiscal year. The $140 billion budget deal will offer tax relief to

The $140 billion budget deal will offer tax

The $140 billion budget deal will offer tax relief to businesses and homeowners, and it will also give New York City $300 million for universal pre-kindergarten classes. (Credit: News 12 )

THE BRONX - State lawmakers have reached a deal for New York's budget for the 2014-15 fiscal year.

The $140 billion budget deal will offer tax relief to businesses and homeowners, and it will also give New York City $300 million for universal pre-kindergarten classes.

Mayor Bill de Blasio has pushed for all-day pre-K in New York City, funded through a tax of the city's highest earners. Gov. Andrew Cuomo opposed the tax and advocated instead for statewide pre-K.

The deal also authorized putting a $2 billion bond act before voters this November. The money generated from the bond would fund classroom computers and technology, and would build pre-K classrooms.

Lawmakers are expected to vote on the budget on Monday.

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