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.