Sentences with phrase «spends economic development money»

At the same time, Cuomo said the state could potentially adjust how it spends economic development money based on the findings of Bart Schwartz, the former prosecutor hired to review contracting in the program, which is under scrutiny by the U.S. attorney's office.

Not exact matches

Sixth, contrary to what the president believes, borrowing money from China to expand government spending is not economic development.

Flanagan indicated he wanted a broad - based review of economic development spending, including some areas that are potentially sensitive to Cuomo, such as the money his administration spends on advertising job - creating efforts and a review of the «lack of accountability for major deals and projects that fail miserably when it comes to creating jobs.»

The state budget includes no significant new controls or oversight on how the Cuomo administration spends money on economic development projects, and that troubles many lawmakers after federal prosecutors accused eight men of bid - rigging schemes in earlier development projects.

«We are spending hundreds of millions of dollars in economic development subsidies, tax payer monies that are being used to subsidize private corporations that were supposed to create jobs,» he said.

He said in the end, it's the public's money, through tax payments, that is being spent on the economic development projects, and he said they deserve to know the details.

The top legislative leaders in the Democratic - led Assembly and GOP - controlled Senate on Tuesday indicated they support approving $ 485.5 million in spending for a subsidiary of the under - investigation SUNY Polytechnic, saying the money is vital for the continuation of the economic development program in western New York.

State Comptroller Thomas DiNapoli chided policies that award economic development money without specifying how it gets spent.

Jury selection in the trial of a former close aide to Gov. Andrew Cuomo starts today in New York City in a case that could show the intersection of money and politics in the public policy of economic development spending.

As the trial gets underway, good - government reformers are urging Albany in a letter to take pre-emptive action on overhauling how the state's economic development money is spent.

Officials at Empire State Development, the state's economic development arm, say Donnelly has not submitted required documentation on how the money will be spent and that he has failed to come up with sufficient private financing for the $ 40 milliDevelopment, the state's economic development arm, say Donnelly has not submitted required documentation on how the money will be spent and that he has failed to come up with sufficient private financing for the $ 40 millidevelopment arm, say Donnelly has not submitted required documentation on how the money will be spent and that he has failed to come up with sufficient private financing for the $ 40 million project.

She said some of the money could come from cutting the estimated $ 8 billion spent each year on economic development programs.

Political and private sector leaders from around the state are spending three days at the Capitol, making their best case to win a share of $ 1.5 billion in economic development monies for their region.

Albany spends $ 7 billion a year on economic development, but the non-partisan Citizens Budget Commission says that there is no evidence that money produces economic activity.

The state budget did include more spending on economic development in the budget, including more money for Regional Economic Development Councils and another $ 500 million for projects in economic development in the budget, including more money for Regional Economic Development Councils and another $ 500 million for projects development in the budget, including more money for Regional Economic Development Councils and another $ 500 million for projects in Economic Development Councils and another $ 500 million for projects Development Councils and another $ 500 million for projects in Buffalo.

The state's economic development authority is tripling the amount of money it's spending to deal with a federal probe of the Cuomo administration's Buffalo Billion, documents show.

Howard Zemsky, head of Empire State Development, told legislators at a budget hearing that the governor's $ 15 - an - hour minimum wage proposal would be an economic booster because it would raise people out of poverty who will spend and circulate that money.

An effort in the past legislative session to reform how economic development money is spent, disclosed and overseen fell short at the Capitol, but good - government and budget reform groups aren't giving up.

«We're looking at a series of economic development programs, some of which will include monies being spent in Buffalo,» DiNapoli said.

In his budget released last week, Gov. Andrew Cuomo proposed spending $ 30 million of state money on an economic development project in Onondaga County.

Political and private sector leaders from around the state are spending three days at the Capitol, making their best case to win a share of $ 1.5 billion dollars in economic development monies for their region.

Empire State Development, the state's economic development agency, has not spent money to advertise Start - Up NY for three years and has no plans to do so, said Jason Conwall, an agencyDevelopment, the state's economic development agency, has not spent money to advertise Start - Up NY for three years and has no plans to do so, said Jason Conwall, an agencydevelopment agency, has not spent money to advertise Start - Up NY for three years and has no plans to do so, said Jason Conwall, an agency spokesman.

She says some of the money could come from cutting the estimated $ 8 billion spent each year on economic development programs.

In his annual address, Cuomo argued he'd reversed that trend by reducing state spending, lowering income tax rates and injecting taxpayer money into economic development projects throughout the state.

Earlier this month, Gov. Andrew Cuomo paid a visit to the centerpiece of his upstate economic development strategy: a massive, still - unfinished «gigafactory» taxpayers spent $ 750 million to build and equip for SolarCity, a money - losing company with a foggy future.

Nixon added that «it was good that jobs were created» in the broader Buffalo Billion program, but she questioned the way in which economic development dollars are dedicated by the Cuomo administration and said more state money needs to be spent on crumbling infrastructure needs.

The framework points out that financial literacy also involves the development of «higher order skills in saving, spending, growing and giving money... [and engaging] in learning activities that examine the ethical, social, economic and cultural dimensions of money.»

Governments can spend more per person on public services, families can spend more on each child, and more money is available to invest in economic development.

A spokesperson for the governor's office of economic development confirmed that its director, Steve Hill, fulfilled Faraday's request to keep certain items confidential, particularly a «detailed schedule» of capital investment at the factory in Nevada — that is, how it plans to spend money at the site.