Assembly Speaker Sheldon Silver said late Saturday that New York's Legislature has agreed to a state budget that keeps school funding flat, restores aid to New York City, and increases income taxes on wealthier New Yorkers.
The agreement announced just before midnight Saturday also restores some proposed cuts in health care and higher education and expands the state's bottle law, putting nickel deposits on bottled water under the measure that currently covers only carbonated drinks.
The powerful Manhattan Democrat told The Associated Press that the spending plan will likely be adopted Tuesday, resulting in an on-time 2009-10 budget.
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