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Hochul held her first meeting with top advisers and state agency heads since the legislative session ended. She said she told them that while the state budget appears balanced through the end of the fiscal year, they will have to have more modest spending goals for next year and prepare for a possible recession.
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State Comptroller Thomas DiNapoli has set the tax cap for municipalities across the state at 2 percent for fiscal year 2019. The tax cap is set at 2…