Cuomo proposes state budget - New York News

Gov. Cuomo proposes $137 billion state budget

Posted: Updated:

By MICHAEL GORMLEY Associated Press

ALBANY, N.Y. (AP) -- The $137 billion state budget that New York Gov. Andrew Cuomo proposed Tuesday would increase spending about 2 percent without tax increases, but New Yorkers would feel some fee hikes.

Cuomo's budget proposal to the Legislature provides 4.4 percent more aid to schools and would fund his proposal to improve instruction, including longer school days and school years. State aid to municipalities outside New York City wouldn't increase at a time when many counties and smaller local governments worry about insolvency amid rising costs and shrinking tax bases.

The budget doesn't include another $6.1 billion that is expected from the federal government for relief from Superstorm Sandy. That would have pushed the total budget to more than $143 billion.

Cuomo proposes to suspend the driver's license of people with big, overdue tax bills. He also would make it harder to plea down some speeding charges to avoid bigger fines and insurance premium hikes — a process he says costs $58 million a year and makes roads unsafe. His measures, however, would include Saturday hours at some Department of Motor Vehicles offices.

The bulk of his new proposals focus on upstate jobs programs and tourism. The budget proposal that details his revenue and spending plan, however, doesn't include mention of the potentially lucrative drilling for natural gas using the contentious process of hydraulic fracturing, or fracking. Cuomo has said he won't indicate if he will support the process that is opposed by environmentalists until a state health study is completed.

"He's funded a number of initiatives in a pretty responsible framework and spending isn't going up by too much," said Elizabeth Lynam of the independent Citizens Budget Commission.

She said several small fees will touch New Yorkers, including the extension of a utility surcharge paid by ratepayers. The budget also extends a kind of tax on high-income New Yorkers by limiting deductions to charities.

In the budget, Cuomo is putting dollar commitments to the proposals in his State of the State speech Jan. 9, which was filled with progressive and often costly ideas. After the state passed tough new gun control laws last week, there were questions about to pay for them. Cuomo proposed $35.9 million to implement key components including registration of assault weapons, re-registering of pistol permits, new databases to keep track of guns, and defensive and safety measures at schools, including at entrances.

The budget he proposed on Tuesday will go to the Legislature where a series of hearings will be held. Cuomo and legislative leaders then traditionally meet behind closed doors to negotiate a final plan by the April 1 start of the fiscal year.

New York's budget is watched closely nationwide because of its early fiscal year and because it often identifies trends in other states' budget proposals that come out over the next several months.

Cuomo and economic forecasters had expected fiscal times to be better by now after his first two budgets that had to contend with deficits totaling more than $10 billion because of drastically reduced tax revenue during the recession. This year's projected deficit of $1.35 billion is an improvement but State Comptroller Thomas DiNapoli warns that tax collections continue to remain below the state's latest estimates.

"Tax collections are still not growing at the rate needed to meet year-end projections, and the boost in personal income taxes in December likely won't continue," DiNapoli said.

Cuomo's budget addresses the deficit through a variety of cost-cutting measures and some revenue initiatives.

"So far the budget has been balanced by spending less and taking advantage of one-time windfalls," DiNapoli said. "With the budget process about to begin again, revenue projections should be realistic so that the budget is not balanced with revenues that won't be there."

DiNapoli said the Cuomo administration in November estimated tax growth at 2.9 percent, but it has come in at 1.2 percent. That would mean tax receipts would have to be an unlikely 7.1 percent in the last three months of the fiscal year to meet projections. He said sales tax receipts have also been flat so far this fiscal year.

  • Your MoneyMore>>

  • Business is good at Coney Island

    Business is good at Coney Island

    Friday, August 29 2014 10:22 PM EDT2014-08-30 02:22:32 GMT
    From the brand-new Thunderbolt roller coaster to the world-famous boardwalk, tourists and business owners alike say Coney Island had a great ride of its own this summer. Toms Coney Island's general manager Vasilios Tourlokas says the mild summer impacted his boardwalk business in the best way possible: a 10 to 15 percent increase.
    From the brand-new Thunderbolt roller coaster to the world-famous boardwalk, tourists and business owners alike say Coney Island had a great ride of its own this summer. Toms Coney Island's general manager Vasilios Tourlokas says the mild summer impacted his boardwalk business in the best way possible: a 10 to 15 percent increase.
  • NYC Denny's features $300 breakfast

    NYC Denny's features $300 breakfast

    Friday, August 29 2014 4:04 PM EDT2014-08-29 20:04:13 GMT
    Diner chain Denny's is opening it's first New York City location, complete with a big-city "deal".   How does a $300 breakfast sound?    The Denny's is located at the corner of Nassau and Spruce in Lower Manhattan's Financial District.  Along with its normal food you can get at just about any location in the rest of the country, this location will offer a Grand Slam breakfast with a bottle of 2003 Dom Perignon champagne.
    Diner chain Denny's is opening it's first New York City location, complete with a big-city "deal".   How does a $300 breakfast sound?    The Denny's is located at the corner of Nassau and Spruce in Lower Manhattan's Financial District.  Along with its normal food you can get at just about any location in the rest of the country, this location will offer a Grand Slam breakfast with a bottle of 2003 Dom Perignon champagne.
  • Some Showboat workers get new jobs within company

    Some Showboat workers get new jobs within company

    Friday, August 29 2014 2:54 PM EDT2014-08-29 18:54:36 GMT
    More than 470 of the 2,000-plus workers at Atlantic City's Showboat Casino Hotel have found new jobs with other casinos owned by its parent company. The Showboat is shutting down Sunday afternoon after 27 years on the Boardwalk.
    More than 470 of the 2,000-plus workers at Atlantic City's Showboat Casino Hotel have found new jobs with other casinos owned by its parent company. The Showboat is shutting down Sunday afternoon after 27 years on the Boardwalk.
  • Local NewsLocal NewsMore>>

  • Suspect, rookie officer both wounded in gunfire

    Suspect, rookie officer both wounded in gunfire

    Sunday, August 31 2014 10:11 PM EDT2014-09-01 02:11:38 GMT
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
  • New MTA bus routes take effect

    New MTA bus routes take effect

    Sunday, August 31 2014 9:51 PM EDT2014-09-01 01:51:36 GMT
    MTAMTA
    The MTA has new bus routes throughout the 5 boroughs. 
    The MTA has new bus routes throughout the 5 boroughs. 
  • 3 hurt in lightning strike as storms batter NYC area

    3 hurt in lightning strike as storms batter NYC area

    Sunday, August 31 2014 9:47 PM EDT2014-09-01 01:47:41 GMT
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices