Not exact matches
Currently, the Citizens
Budget Commission (CBC) prepares the most comprehensive view of state and local economic development efforts statewide; however, the usefulness of this presentation is limited because it is based mostly on available data published for past years.1 A UEDB should be part of the Executive and
Enacted budgets and should include prospective information showing the costs of all economic development programs for the coming fiscal year.2 To capture the full scope of economic development costs, a UEDB should bring together tax expenditures and spending at state agencies and
authorities, as well as the value of discounted power offered by the New York Power
Authority.
The shift in administration of the canal system, currently part of the state Thruway
Authority, was agreed to as part of the just -
enacted state
budget.
Despite speculation that the idea had been scuttled, the state Canal Corporation will become a subsidiary of the New York Power
Authority at the beginning of next year as part of the just -
enacted 2016 - 17 state
budget.
Molinaro also said county governments need state support and cooperation to improve local economies and enhance local tax bases, including local home rule
authority to
enact budget proposals, as well as the legislative relief from the burden of unfunded mandates.