ALBANY, N.Y. (AP) — New York Democratic party chairwoman and Syracuse Mayor Stephanie Miner is criticizing Gov. Andrew Cuomo for what she considers his questionable proposal to use borrowing to ease a fiscal crisis for local taxpayers.
Cuomo has proposed allowing municipalities facing potential insolvency to borrow against future savings in the state's new pension reform plan. Miner tells the Syracuse Post-Standard and The New York Times that seems unwise.
TOWN OF WALLKILL – One of Governor Cuomo’s proposals in his state budget would remove the power from local judges to plead down motor vehicle tickets and all monies collected would go to Albany.
As it stands now, a judge has the authority to lower the charge and part of the fine goes to the locality. And with I-84 and New York Route 17 both running through Wallkill, the town makes tens of thousands of dollars in fines yearly that are applied to the town budget.
KINGSTON – Governor Cuomo’s proposed state budget includes $2 million for the development of a rail trail from Kingston to the Ashokan Reservoir. The ultimate goal is to connect it to the Walkway Over the Hudson.
Ulster County Executive Michael Hein said they are working to create “a world class tourism destination” in the county. He said the project has “far reaching regional significance and will positively impact tourism, public health, economic development” and will allow residents and visitors from across the globe to enjoy the “pristine beauty” of Ulster County.
Massachusetts Governor Deval Patrick today released his FY 2014 budget proposal. WAMC’s Berkshire Bureau Chief Lucas Willard reports that the Governor is planning to invest in three key areas: education, innovation, and infrastructure.
Governor Patrick’s $34.8 billion budget proposal follows his State of the Commonwealth speech last week where he called for more investment in transportation including streamlining public transportation and improving roads and bridges, as well as a significant boost to education spending.
WASHINGTON (AP) -- With tacit support from President Barack Obama, House Republicans are moving to try to defuse a potential debt crisis with legislation to prevent an economy-rattling fiscal crisis for at least three months.
The GOP legislation marks a tactical retreat by House Speaker John Boehner, R-Ohio, who is eager to avoid a potential first-ever default on U.S. payment and debt obligations as he wrestles with Obama and his Democratic allies over taxes, spending and the deficit.
ALBANY, N.Y. (AP) — Gov. Andrew Cuomo is set to detail his budget proposals for the state's 2013-2014 fiscal year beginning April 1.
He's expected to propose about $132 billion in spending and attack a deficit of at least $1 billion as the state deals with the aftermath of superstorm Sandy and tax collections lagging behind projections.
State lawmakers in Berkshire County are asking Massachusetts to hold onto its recently announced fiscal surplus, to use only in case of emergency. WAMC’s Berkshire Bureau Chief Lucas Willard reports…
State financial officials announced last week that the Commonwealth is facing a $116 million surplus in last year’s FY 2012 budget. When desposited into the state’s so-called “Rainy Day Fund”, it brings that amount to over 1.6 billion dollars. That makes Massachusetts a state with one of the largest cash reserves in the country, only behind Texas and Alaska.
The proposed 2013 budget for the city of Plattsburgh has been released. The Mayor says “lack of meaningful reform” in Albany and an “underperforming pension fund” made it one of the most difficult to craft since he has been in office.