Sentences with phrase «on the new state budget plan»

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[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 20New 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 20new 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.&raqNew 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.&raqnew 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 indiviBudget 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 indivibudget 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 SaturdaNew York's new $ 153 billion state budget, approved Sunday night, after the New York Senate approved the spending plan (the Assembly voted on Saturdanew $ 153 billion state budget, approved Sunday night, after the New York Senate approved the spending plan (the Assembly voted on SaturdaNew 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 - classNew 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 - classNew 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 - classNEW YORK — As New York leaders work to finalize the state budget including Governor Cuomo's landmark tuition - free degree proposal for middle - classNew 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 FridNew 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 Fridnew capital projects, according to the state Division of Budget's enacted budget plan released on FBudget's enacted budget plan released on Fbudget 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 SeState 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 Sestate 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 ruNew 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 runew 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 runew 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 Yonew windfall profit tax on health insurance companies in New YoNew 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 progPlan 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 progplan 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.
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