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Updated 03/28/2011 08:38 PM

Budget negotiations still on track

By: Solomon Syed

Lawmakers are making progress on the budget as the April 1st deadline approaches. While they agree on most of what's inside New York's $132.5 billion spending plan. As our Solomon Syed reports, legislators are batting cleanup in the wake of their leaders' big moment with Cuomo.

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ALBANY, N.Y. -- The euphoria that swept the Capitol Sunday was replaced by the ticking of the clock Monday, as legislators got back to the grindstone, holding several hearings to hammer out the final details in the framework of a $132.5 billion budget.

"We were able to partner with the Governor to get a budget done on time and establish a trust I hope will continue as we address other issues," said Senate Majority Leader Dean Skelos.

"We made the difficult decisions and we are prepared to pass an agreed upon budget that is ahead of schedule," said Assembly Speaker Sheldon Silver.

The potentially ahead of schedule budget could still be thrown off course by education funding. The education subcommittee plans to restore about $272 million in funding, $230 of which will go to public schools.

Still left to be determined is how to equitably distribute that money among so-called "high need, high poverty" school districts.

"One of the things about education funding, you can only cut it so many ways. I think the overall message for us is that we feel relief, I know I feel relief, that the legislature made restoring education funding a priority," said Assemblywoman Catherine Nolan.

Education subcommittee chairs say they already know how the money will be divided, but aren't going to make that information public until they're ready to vote. Sources tell Capital Tonight, however, that staffers are still negotiating on education numbers behind closed doors and were even doing so long into the night after Sunday's triumphant budget framework announcement. Meanwhile, the health subcommittee also still has some operating to do.

"A lot of discussions have indeed been going on. They are still going on. And will hopefully conclude very quickly," said Assemblyman Richard Gottfried.

However, there's already agreement on restoring Medicare Part D assistance to seniors enrolled in EPIC. Another subcommittee also announced the establishment of a tax incentive program to aid districts that will be impacted by future prison closures. These issues appear settled, with still some left to be finalized. But as they say, it ain't over till it's over.