Despite a national economic slowdown that is forcing sharp spending cuts in other states, New York’s budget negotiators appear to be in agreement that new taxes, fees and borrowing will be used to help fund a record increase in aid to public schools and other popular spending programs this election year.

Among those in the cross hairs for higher levies are banks, health insurers, smokers and possibly people who drink bottled water.

Escaping a tax increase are residents making over $1 million, who were facing a big hit under an Assembly plan that the State Senate and Gov. David A. Paterson rejected.