There will be another competition for
state economic development dollars, if the state legislature approves spending $ 1.5 billion for Gov. Andrew Cuomo's proposed Upstate New York Economic Revitalization Competition.
«
State economic development dollars were used to support a project where goods were manufactured in China.»
Brindisi said «
state economic development dollars were used to support a project where goods were manufactured in China.»
A provision to steer
state economic development dollars toward small businesses and rural areas was quietly eliminated in July 2014.
The Central New York Regional Economic Development Council is getting ready to put together a proposal for the latest competition for
state economic development dollars.
Not exact matches
Its
economic development unit, Empire State Development, has established a long - term, multibillion - dollar game plan to attract nanotechnology manufacturers to make not only solar panels but also semiconductors, pharmaceuticals and other products from very small materials (there are 25,400,000 nanometers i
development unit, Empire
State Development, has established a long - term, multibillion - dollar game plan to attract nanotechnology manufacturers to make not only solar panels but also semiconductors, pharmaceuticals and other products from very small materials (there are 25,400,000 nanometers i
Development, has established a long - term, multibillion -
dollar game plan to attract nanotechnology manufacturers to make not only solar panels but also semiconductors, pharmaceuticals and other products from very small materials (there are 25,400,000 nanometers in an inch).
Playing into the tension between (growing)
state capitalism and (historically dominant) free market is China's ongoing
development of its own version of the Marshall Plan — displaying the world's only global
economic strategy driven by a trillion - plus
dollars of investment into international infrastructure.
But as cities, counties and
states compete for
economic development, spending on such programs nationwide has climbed into the billions of
dollars, even in an era of fiscal austerity.
At 12:30 p.m., Reclaim New York Initiative hosts a rally and press conference with residents and lawmakers to urge the removal of $ 1 billion in taxes and fees included in the governor's budget, and urge savings and oversight for
economic development spending, Million
Dollar Staircase, 3rd Floor,
state Capitol, Albany.
• Lawmakers also endorsed
state Comptroller Kevin Lembo's plan to give the legislature more oversight on the use of taxpayer
dollars to promote
economic development.
The governor has held an annual contest to make regions of the
state compete to win millions of
dollars in
economic development funds.
Republicans in the
State Assembly say they are frustrated that there's been no increased oversight in the state's billions of dollars in economic development contracts, including the governor's signature programs like the Buffalo Bil
State Assembly say they are frustrated that there's been no increased oversight in the
state's billions of dollars in economic development contracts, including the governor's signature programs like the Buffalo Bil
state's billions of
dollars in
economic development contracts, including the governor's signature programs like the Buffalo Billion.
«
State government just squandered its opportunity to restore public confidence to the procurement process and shed light on billions of
dollars in
economic development spending.
Legislative sources groused that hundreds of millions of
dollars in
economic development grants being sprinkled around the
state by Cuomo's administration amount to Cuomo - controlled pork.
ALBANY —
State comptroller Tom DiNapoli criticized the state's decision to spend hundreds of millions of dollars on advertising to promote Governor Andrew Cuomo's signature economic development programs, including the fledgling Start - Up NY, in an audit released on Mo
State comptroller Tom DiNapoli criticized the
state's decision to spend hundreds of millions of dollars on advertising to promote Governor Andrew Cuomo's signature economic development programs, including the fledgling Start - Up NY, in an audit released on Mo
state's decision to spend hundreds of millions of
dollars on advertising to promote Governor Andrew Cuomo's signature
economic development programs, including the fledgling Start - Up NY, in an audit released on Monday.
SYRACUSE, N.Y. -
State Sen. John DeFrancisco is upset that Gov. Andrew Cuomo is excluding state lawmakers from multi-million dollar economic development decisions, like the new nanotechnology hub in De
State Sen. John DeFrancisco is upset that Gov. Andrew Cuomo is excluding
state lawmakers from multi-million dollar economic development decisions, like the new nanotechnology hub in De
state lawmakers from multi-million
dollar economic development decisions, like the new nanotechnology hub in DeWitt.
Questions continue about
economic development practices by Governor Cuomo's Administration, including the proposed sale of valuable piece of land from one
state agency to another
state entity for a
dollar.
Long Island Republican Sen. Tom Crocci has introduced a bill that would increase legislative oversight of Gov. Andrew Cuomo's appointees to regional
economic -
development councils which have handed out billions of
dollars in
state aid.
After
state Assembly lawmakers on Wednesday grilled his top
economic development chief for more than two hours, Cuomo in Buffalo lashed out at lawmakers who are questioning the millions of
dollars in spending.
A sticking point in the budget talks is emerging between Gov. Andrew Cuomo and
state lawmakers over the control of hundreds of millions of
dollars in
economic development spending that would benefit western New York as well as the regional
economic development councils.
Krueger recalled that the ill - fated Empire Zones program, which was created by former Gov. George Pataki in 1999 (it actually morphed out of the New York
State Economic Development Zones) ended up being an ill - conceived boondoggle that gave away millions of
dollars worth of publicly - funded incentives and tax breaks to businesses that pledged to create jobs and then often didn't make good on those promises.
But for Alain E. Kaloyeros, a physicist who rose from a basement laboratory at the
State University at Albany to oversee hundreds of millions of dollars in state economic development funds over a quarter - century, a more complex purpose seemed to be at
State University at Albany to oversee hundreds of millions of
dollars in
state economic development funds over a quarter - century, a more complex purpose seemed to be at
state economic development funds over a quarter - century, a more complex purpose seemed to be at work.
The Central New York Regional
Economic Development Council, which includes Cortland County, was awarded $ 500 million
dollars in
state funding today.
Projects range from
economic development aid for troubled regions, to funding the $ 4 billion
dollar new Tappan Zee Bridge on the New York
State Thruway over the Hudson River.
He says the
state's current capital budget includes funds for
economic development that offers subsidies for corporations, as well as poorly defined $ 700 million
dollar kitty that can be used for any government affiliated building, including college campuses.
Increased oversight of the
state's multibillion
dollar economic development program — «aka corporate welfare.»
The governor's held an annual contest to make regions of the
state compete to win millions of
dollars in
economic development monies.
The changes come as the
state comptroller has issued audits critical of IDA and
economic development spending and use of tax
dollars.
Cuomo awarded Buffalo $ 1 billion
dollars in
economic development grants in his
State of the
State, the only upstate city to receive such a large sum.
Kaloyeros»
economic development work has been expanded across the
state under Cuomo, with SUNY Poly held up as a jewel in the
state's
economic development plans, bringing in millions of research
dollars.
The
state legislative budget committee Friday assumed more oversight of the Wisconsin
Economic Development Corp. following its failure to spur as much job creation as promised in return for millions of
dollars in potential tax credits to businesses.
It remains to be seen what the arrest of its top leader means for SUNY Poly, which has facilities in Albany, Buffalo and Syracuse, and has been a touted jewel in the
state's
economic development plans, bringing in millions of research
dollars.
The 19 designated regional projects have the potential to generate nearly $ 300 million in
economic activity and leverage private
dollars at a ratio of nearly 14 to one, according to Empire
State Development.
Proponents say the industry would bring billions of
dollars in
economic development to the
state's poorest region.
In January and June of 2018, nine of the governor's top aides and campaign contributors will go on trial for allegedly rigging over a billion
dollars in
state economic development contracts.
Miner said she plans to rework her plan for spending a $ 1 billion in Syracuse, a proposal she submitted to Cuomo after he challenged the city to come forward with an
economic development plan to rival the
state's billion -
dollar - investment in Buffalo.
The call comes after the Democratic - led Assembly on Wednesday grilled Gov. Andrew Cuomo's leading
economic development official on START - UP NY and other projects aimed at stimulating job growth through
state dollars and tax breaks.
Miner agrees, saying the billions of
dollars the
state won in financial settlements should not have gone to Gov. Andrew Cuomo's
economic development programs.
«The problem with using grade school math to analyze an
economic development project of this magnitude is that it doesn't take into account the multi-billion dollar investment from SolarCity, and impact of the thousands of direct and indirect jobs that will be created statewide,» said Jason Conwall from Empire State D
development project of this magnitude is that it doesn't take into account the multi-billion
dollar investment from SolarCity, and impact of the thousands of direct and indirect jobs that will be created statewide,» said Jason Conwall from Empire
State DevelopmentDevelopment.
Comptroller Thomas DiNapoli said in a statement, «New York
state spends hundreds of millions of
dollars each year to spur
economic development and job creation through ESDC programs.
During a boat ride along Buffalo's waterfront, during which Governor Andrew Cuomo and other political leaders celebrated
economic development, the head of Empire State Development announced that Moog Incorporated will soon spend million of dollars and create new jobs at two of its l
development, the head of Empire
State Development announced that Moog Incorporated will soon spend million of dollars and create new jobs at two of its l
Development announced that Moog Incorporated will soon spend million of
dollars and create new jobs at two of its local sites.
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.
County Executive Joanie Mahoney said Central New York, on the whole, has received more
state money than any other region, including a half - billion -
dollar economic development grant in 2015.
«a repudiation of the way [Gov. Cuomo's] prized upstate
economic development programs were managed» — have sparked calls not just to scrap the dubious practice at the heart of the scandal (channeling hundreds of millions of public
dollars through «private,»
state - created nonprofits) but also to rein in or rethink New York's aggressive business subsidization practices.
Tom DiNapoli: «Now that the economy has certainly been in a recovery mode, it's certainly not as strong as we'd like it to be in many parts of the
state, I think now is a good time for us to look not only at this program, but at the various
economic development dollars that we've spent over the past few years to see what kind of return we've been getting on those taxpayer
dollar investments.
The Hotel Syracuse is receiving a multi-million
dollar state grant through New York's competitive
economic development funding program.
Economic development funding was often distributed by former governors and legislative leaders when each received a pot of money, sometimes totaling half a billion
dollars, as part of the
state budget deal.
The ten regional
economic development councils were back at it this week in their efforts to bring home as big a slice of three - quarters of a billion
dollar state funding pie as possible.
He's also said he might like to use some for
economic development aid for some upstate cities, modeled after the Buffalo billion, where the
state gave a billion
dollars to the Buffalo area over a multi year period to boost the region's economy.
The full lineup of stories, columns and radio interviews can be found here»
State and local
economic development agencies in New York give away billions of
dollars in subsidies to businesses every year but do little to assess what taxpayers are getting for -LSB-...]