Not exact matches
[105]
On January 8, 2008, to address ongoing structural
budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for
state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in
state borrowing, an executive order prohibiting the use of one - time revenues to balance the
budget and a controversial
plan to raise some $ 38 billion by leasing the Garden
State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in
State Parkway, the
New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 20
New Jersey Turnpike, and other toll roads for at least 75 years to a
new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 20
new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
The
budget is due Sunday, but already lawmakers are putting the finishing touches
on a deal that includes
plans to merge gambling oversight, a
new infrastructure improvement
plan for the
state and a 4 percent boost in education spending through competitive grants.
Republicans who control the
state Senate are urging Cuomo to drop his
plan to raise taxes and fees by $ 1 billion as a condition for winning their approval
on a
new, $ 168 billion election - year
budget by April 1.
New York City's finances look to be
on solid ground, with a strong economy, a balanced
budget and out - year gaps that are manageable under current conditions, according to
state Comptroller Tom DiNapoli's assessment of the mayor's proposed spending
plan, though there are risks in the years ahead.
The multi-year tables in
New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.&raq
New York
State's just - released Enacted
Budget Financial
Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's
new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.&raq
new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based
on the assumption that the governor will «propose, and negotiate with the Legislature to enact
budgets that hold
State Operating Funds spending growth to 2 percent.»
We call
on New Yorkers to sign our change.org petition demanding that Leaders Flanagan and Heastie work with the Governor to ensure that a robust congestion pricing
plan is included in the final 2018 - 2019
state budget.
Earlier today, Jay Jacobs, the head of the
New York Democratic Party, sent out a statement calling
on the GOP challengers to Sen. Kirsten Gillibrand to
state where they stand
on Paul Ryan's
plan to balance the federal
budget.
The
new state budget recently signed by Cuomo creates the Design and Construction Corp., a three - member panel to be selected by Cuomo that will advise other
state departments
on construction projects costing $ 50 million or more, such as large university buildings, the
new Penn Station and
planned upgrades at the Metropolitan Transportation Authority.
Assemblyman Jim Tedisco (R,C,I - Glenville) today said the 2014 - 15
New York
State Budget is a mixed bag for taxpayers and offered what he believes is the Good, the Bad and the Ugly on the state's annual financial
State Budget is a mixed bag for taxpayers and offered what he believes is the Good, the Bad and the Ugly
on the
state's annual financial
state's annual financial
plan.
Congressional Democrats in
New York are criticizing a federal
budget approved by the House
on Thursday that paves the way for a tax reform
plan that could include the elimination of the
state and local deduction, or SALT.
As illustrated in the Executive
Budget financial plan, the state will be facing significant budget gaps in each of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on indivi
Budget financial
plan, the
state will be facing significant
budget gaps in each of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on indivi
budget gaps in each of the next three years, and a
new payroll tax
on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose
new or higher taxes directly
on individuals.
ALBANY, N.Y. (AP)-- Here's a look at key items in
New York's new $ 153 billion state budget, approved Sunday night, after the New York Senate approved the spending plan (the Assembly voted on Saturda
New York's
new $ 153 billion state budget, approved Sunday night, after the New York Senate approved the spending plan (the Assembly voted on Saturda
new $ 153 billion
state budget, approved Sunday night, after the
New York Senate approved the spending plan (the Assembly voted on Saturda
New York Senate approved the spending
plan (the Assembly voted
on Saturday):
New York Governor Andrew Cuomo and the legislature approved a
plan in the
state budget to hold the line
on taxes and encourage local governments and schools to merge and share services over the next few years.
Cuomo already agreed to raise taxes
on the wealthy back in December to close the rest of the gap, but he says «there are no
new or increased fees or taxes» in the
budget, no one shot revenue raisers, and in a
state long known for complicated
budget tricks, he says there are no «surprises» in his spending
plan.
Gov. Andrew Cuomo called for a two - month extension of the last
state budget to prevent a government shutdown after he and
state lawmakers
on Sunday failed to reach agreement
on a
new spending
plan.
The Education Trust —
New York Applauds Tuition - Free Plan for Advancing a College - Going Culture for All New York Students, While Calling for Expanding Focus on Access, Affordability and Completion NEW YORK — As New York leaders work to finalize the state budget including Governor Cuomo's landmark tuition - free degree proposal for middle - class
New York Applauds Tuition - Free
Plan for Advancing a College - Going Culture for All
New York Students, While Calling for Expanding Focus on Access, Affordability and Completion NEW YORK — As New York leaders work to finalize the state budget including Governor Cuomo's landmark tuition - free degree proposal for middle - class
New York Students, While Calling for Expanding Focus
on Access, Affordability and Completion
NEW YORK — As New York leaders work to finalize the state budget including Governor Cuomo's landmark tuition - free degree proposal for middle - class
NEW YORK — As
New York leaders work to finalize the state budget including Governor Cuomo's landmark tuition - free degree proposal for middle - class
New York leaders work to finalize the
state budget including Governor Cuomo's landmark tuition - free degree proposal for middle - class...
The ambitious congestion pricing
plan initially backed by Governor Andrew Cuomo is not part of the
state budget agreement made
on Friday, the
New York Times reports.
Cuomo has said he would hold up an agreement
on the
state budget if lawmakers fail to compromise
on new ethics legislation in the spending
plan.
New York is expected to remain under its debt capacity limit even as it continues to borrow heavily for new capital projects, according to the state Division of Budget's enacted budget plan released on Frid
New York is expected to remain under its debt capacity limit even as it continues to borrow heavily for
new capital projects, according to the state Division of Budget's enacted budget plan released on Frid
new capital projects, according to the
state Division of
Budget's enacted budget plan released on F
Budget's enacted
budget plan released on F
budget plan released
on Friday.
ALBANY — Governor Andrew Cuomo and legislative leaders have agreed
on a framework for the
state budget with at least a $ 1.4 billion increase in school aid, a
plan to allow the
state education department to develop the
new teacher evaluation system and tighter disclosure requirements for lawmakers.
After he detailed the $ 137.2 billion spending
plan for the
state on Tuesday, Cuomo's office sent out a press release that proclaimed the
budget «more than numbers,» calling it «an innovative action
plan that will build and shape a brighter future for all
New Yorkers.»
The unification
plan put forth by leaders of the
New York
State Democratic Party, predicated on a special election likely to be held after the state budget is approved in late March or early April, would bring together the Independent Democratic Conference (IDC) with the 23 mainstream Democrats in the Se
State Democratic Party, predicated
on a special election likely to be held after the
state budget is approved in late March or early April, would bring together the Independent Democratic Conference (IDC) with the 23 mainstream Democrats in the Se
state budget is approved in late March or early April, would bring together the Independent Democratic Conference (IDC) with the 23 mainstream Democrats in the Senate.
The
state Legislature then will have a chance to vote
on the cost - cutting
plan under the provisions of a
new law passed as part of the
state budget earlier this year.
Though far drier than the governor's
State of the
State addresses last week, the
budget plan made clear that Mr. Cuomo, a Democrat, remained intent
on casting his 2017 agenda as an answer to the concerns of the middle class and the economic struggles of upstate
New York, a formula that some observers have taken as the prelude to a possible presidential run in 2020.
Meanwhile, environmental advocates Monday morning were scheduled to hold a press conference at City Hall calling
on the
state to pass the Fix NYC
plan as part of the
new state budget due April 1.
The
budget also proposes
new mandates
on business, such as a requirement that a pharmaceutical manufacturer provides a minimum supplemental rebate for drugs that are eligible for
state public health
plan reimbursement.
Party officers pointed out the just - introduced Republican AHCA would have significant negative impacts
on coverage for
New Yorkers and health care cost for
state government, and that Gov. Cuomo's
budget proposal has no
plan to deal with changes to the ACA.
The
new governor, who has rejected the
state's traditional reliance
on higher taxes and borrowing to close
budget gaps, will outline specifics of his tough spending
plan on Feb. 1, setting the stage for what one legislative aide called «a
budget Armageddon» with the Legislature.
(AP) ALBANY, N.Y. — Gov. Andrew Cuomo called for a two - month extension of the last
state budget to prevent a government shutdown after he and
state lawmakers
on Sunday failed to reach agreement
on a
new spending
plan.
Even under the Affordable Care Act, as the
state touts more than 2 million
new enrollees in both Medicaid and commercial insurance
plans, the
state is not
planning to spend any less
on charity care — the
state's
budget commits nearly $ 800 million each year for the next five years to help hospitals defray the costs of providing care to the uninsured.
Gov. Andrew Cuomo's proposed
state budget increases
New York City's deficit for the upcoming fiscal year by an estimated 58 %, creating an «immediate $ 1.4 billion gap»
on top of an already existing shortfall of $ 2.4 billion, City Comptroller John Liu
plans to tell Albany lawmakers in testimony Monday.
He wants to limit
state spending to available resources, address unfunded pension costs, focus
on paying for core services and reform the
budgeting process by not waiting until the final days to pass a
new tax - and - spending
plan.
This morning our discussion topics include: •
New York
State budget negotiations • Cuomo calls for consolidation • Senate
plan on immigration • Iraq war anniversary • NCAA Brackets announced
At noon Monday, a coalition of over 90 HIV / AIDS advocates will launch a statewide Week of Action
on the steps of City Hall, calling upon Governor Cuomo to invest $ 70 million in a
plan to end AIDS in the 2016
New York
State budget.
The
new minimum wage proposal in the Assembly is backed by Labor Committee Chairman Carl Heastie and Assemblyman Keith Wright, the
state Democratic Party co-chairman (his other party co-chair, Syracuse's Stephanie Miner, broke with Cuomo
on his pension smoothing
plan that is also in the
budget).
On Thursday, the
New York
State Assembly rejected the
plan in its one - house
budget, which proposes restoring the $ 485 million and freezing tuition for two years.
Cuomo's
state budget proposal relies
on a variety of
new, extended or expanded taxes and fees to balance its books, including a
plan to force online marketplaces to collect sales tax.
Independent Democratic Conference Leader Jeff Klein insisted today he would not hold up the passage of the
state budget next month over
New York City Mayor Bill de Blasio's
plan to increase taxes
on the rich to pay for universal pre-Kindergarten.
The Wisconsin import, an instrumental figure in the
state's redesign of its costly Medicaid system, appeared in a video blasted out by Cuomo's Twitter account
on Tuesday evening calling the
plan backed a Reps. Chris Collins and John Faso as a «war
on New York» and a «
budget buster for the
state.»
Source:
New York
State Division of the
Budget, Enacted
Budget Financial
Plan (annual editions for 2017 and 2018),
New York
State Division of the
Budget, Executive
Budget Financial
Plan (2018), and Office of the
New York
State Comptroller, Report
on the Enacted
Budget (annual editions for 2017 to 2018).
Gov. Andrew Cuomo
plans to «lay out a full
plan» when he delivers his joint
State of the
State and
budget presentation
on Jan. 13, he told reporters
on Monday in
New York City.
The
plan proposed by Mr. Christie, the first Republican elected
New Jersey governor in 12 years, relies almost exclusively
on spending cuts, and stands as a stark example of how a Republican committed to not raising taxes grapples with a
state budget in these still - challenging economic times.»
ALBANY, N.Y. (WBEN / AP)-- The stalemate over
New York's tardy state budget took a new turn Tuesday when lawmakers insisted they had a deal on a new spending plan, only to be dismissed by Gov. Andrew Cuomo, who insisted there is no need to ru
New York's tardy
state budget took a
new turn Tuesday when lawmakers insisted they had a deal on a new spending plan, only to be dismissed by Gov. Andrew Cuomo, who insisted there is no need to ru
new turn Tuesday when lawmakers insisted they had a deal
on a
new spending plan, only to be dismissed by Gov. Andrew Cuomo, who insisted there is no need to ru
new spending
plan, only to be dismissed by Gov. Andrew Cuomo, who insisted there is no need to rush.
State lawmakers have abandoned the idea of completing a state budget one week ahead of schedule, legislators were due home in their districts late Thursday without agreement on a new spending
State lawmakers have abandoned the idea of completing a
state budget one week ahead of schedule, legislators were due home in their districts late Thursday without agreement on a new spending
state budget one week ahead of schedule, legislators were due home in their districts late Thursday without agreement
on a
new spending
plan.
Gov. Andrew Cuomo's
plan to deal with a $ 4.4 billion
state budget deficit includes a
new windfall profit tax on health insurance companies in New Yo
new windfall profit tax
on health insurance companies in
New Yo
New York.
The
New York
State Assembly finished work
on the
budget shortly after 3 pm Friday, the Senate at around 4:30, completing their work one day before the spending
plan is due.
In a report issued today focusing
on the recession's impact
on the
budgets of
New York and
New Jersey, the Fed branch also recommended the
states create «rainy day» funds to protect against future revenue gaps,
plan in advance for spending cuts and reduce reliance
on personal income taxes, which are affected by changes in the economy.
But the
budget also requires the health department to submit a report to the Legislature within the coming months detailing the impact the Basic Health
Plan could have on other insurance products available on the state's health exchange, and to develop a «contingency» plan in the event the federal government, which will fund the majority of costs for the new BHP enrollees, decides to pull the plug on the prog
Plan could have
on other insurance products available
on the
state's health exchange, and to develop a «contingency»
plan in the event the federal government, which will fund the majority of costs for the new BHP enrollees, decides to pull the plug on the prog
plan in the event the federal government, which will fund the majority of costs for the
new BHP enrollees, decides to pull the plug
on the program.
(WBEN / AP) Legislators hope to approve a
new state spending
plan by Saturday, the first day of the
new state fiscal year, but at least one local lawmaker is raising caution that the
state could return to the days of
state budgets not routinely passed
on time.
The Democratic - controlled
state Assembly
on Monday introduced a
budget bill that would prohibit the purchase of zero - emission credits mandated under the clean energy
plan until leaders of the PSC and the
New York Energy Research and Development Authority appear before a joint hearing of the Senate and Assembly to answer questions.