New York Governor Cuomo’s tax commissioner is set to testify before a legislative budget hearing Monday morning, and he’s expected to get plenty of questions about a plan to freeze property taxes and cut some income taxes. Critics, who are also scheduled to speak, say the governor should focus more on the lower income New Yorkers, as well.
New York Governor Andrew Cuomo says the state will invest $30 million dollars in a $100.3 million economic development and revitalization project along Onondaga Lake.
Cuomo says Wednesday that the project includes $50 million for a performing arts center, $20 million for infrastructure improvements including wastewater treatment upgrades, and nearly $19 million for housing, roads, and businesses.
Mayors from around New York testified before the state legislative fiscal committees on Monday. In what’s traditionally known as Tin Cup day, many asked for more money, while others asked for authorization to collect more money from their citizens.
New York has revised its request for a $10 billion dollar Medicaid adjustment, which would allow using that money to pay for related health care programs, after federal officials concluded capital investment and some other programs are ineligible.
The application was first filed 18 months ago, prompting Gov. Andrew Cuomo and the state health commissioner to publicly blame the delay for threatening financially distressed New York hospitals.
New York Governor Andrew Cuomo and Attorney General Eric Schneiderman have agreed to spend the first $163 million dollars from New York's share of the national settlement with JPMorgan on mortgage relief and housing programs this year.
The first installment of the state's $613 million share will be divided, with $81.5 million going to the state's general fund and earmarked for use by New York's two housing agencies.
Officials say the other $81.5 million this year will be used by the attorney general's office for mortgage relief.
New York Governor Andrew Cuomo is set to present a budget proposal detailing how he will pay for a broad program of tax breaks while maintaining funding for schools, health care and infrastructure.
The governor will release a budget proposal to the Legislature in Albany this afternoon that is expected to top $136 billion. Cuomo and state lawmakers will try to maintain their three-year streak of reaching a final budget deal by the start of the state fiscal year April 1.
Sending more 4-year-olds to school has support from the White House to many statehouses, including in New York, where Governor Andrew Cuomo endorsed universal prekindergarten in his State of the State address this month.
Now advocates are hoping for funding to support it.
It won't come cheap. The Citizens Budget Commission estimates expanding pre-K throughout New York could cost $1.4 billion to $2 billion a year — at least triple what the state now spends.
Districts are hoping for increases when Cuomo releases his 2014-15 budget proposal Tuesday.
New York Governor Andrew Cuomo says he's still looking for the facts behind a traffic reconfiguration at the George Washington Bridge that created a huge traffic jam in Fort Lee, New Jersey.
New Jersey Governor Chris Christie fired a top aide and distanced himself from his campaign manager after emails and texts revealed that the traffic changes had been ordered by people in his administration for the express purpose of tying up traffic.
Cuomo was asked about the scandal as he left the Rev. Al Sharpton's headquarters on Saturday.