Sentences with phrase «of backdoor borrowing»
The Assembly member — who said he is interested in seeing the elimination of backdoor borrowing and term limits enacted in both houses, among other changes — has spent the last five years campaigning with Con Con advocates like SUNY New Paltz professor Gerald Benjamin and government reform activist Bill Samuels, participating in countless town halls and panel discussions to help get the word out.
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Backdoor borrowing by the state Dormitory Authority, of course — duly reflected by an increase in DASNY's bond cap for this purpose, so you know they mean it.
The rest consists of non-voter approved backdoor borrowing — which, in addition to economic development, includes another $ 1.2 billion for a new healthcare - related Capital Restructuring Financing Program, $ 940 million for higher education, $ 714 million for transportation, $ 396 million for state facilities, $ 168 million for parks and the environment, $ 154 million for housing and $ 60 million for other purposes.
Instead of reining in the state's reliance on backdoor borrowing, it expanded the use of public authority debt.»