NY State still reeling from the Gov. Cuomo budget proposal

As the proposed budget by Gov. Andrew Cuomo gets more and more attention, cities, towns, and counties across the State of New York are realizing exactly how much pain they are about to go through. Municipalities across the State are doing the math, as they are getting notified of new changes, and the grim result is hardly drawing cheers.

In Binghamton, Mayor Matt Ryan’s staff directed us to these comments about the State budget,

“I certainly appreciate the Governor’s efforts to ensure New York’s long-term prosperity, but I’m concerned that they require sacrifices exclusively by our most vulnerable communities. I’m especially concerned about any further cuts to AIM, especially if municipalities aren’t getting any relief from our unfunded mandates. AIM is the State’s most effective tool for limiting local property taxes, while our mandates represent our greatest challenges. I look forward to working with my fellow mayors and other stakeholders to advocate a budget that works for all our citizens.”

In Tioga County, an area that gains support from the Racino, news that help from the Racino will all but disappear. At least in regard to the video lottery terminals (which is why the horse racing track is considered a racino). It was worth $400,000 the first year the VLT’s were in place. With the new budget Albany will take all the taxes, leaving Tioga with a chunk missing from the annual tax levy.

“It’s just another blow that puts more stress on either your property tax levy, which is going to be capped, and then a lot of counties are going to hope, I guess, that the sales tax recovers consumer spending picks up and the sales tax recovers.” said Tioga County Treasurer Jim McFadden.

But in other places, like Queens, NYC the proposal has friends and enemies of odd stripes. Like Phil Ragusa, the Queens Republican Party leader

The measure, intended to reign in taxes, force budgetary restraint and ultimately get our economy moving again, passed the legislature’s upper house 45-17. This is a great example of responsible governance and bipartisanship at its best.”

Considering yet another part of the proposed budget, according to the AP almost 3 out of 4 of school districts appear to have enough funds in reserve for the 7.3% budget cut (about $1.5 billion) – excluding New York City. The AP found $1.16 billion in reserves and $355.2 million left in federal stimulus money. But

“five out of seven school districts in Cattaraugus County don’t have enough in reserve to cover proposed cuts while even suburban Monroe County would see about 40 percent of its districts come up short when trying to use reserves to pay for cuts.”

Increased tax grabs by Albany, schools facing difficult if not dire futures, communities across the State floundering as the staple of increased property taxes is pulled out from their feet. If there is nothing else to take away from the State Budget that Gov Cuomo has proposed it is that New York State has relied on tax-and-spend policies for far too long.

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About the Author

Michael Vass
Born in 1968, a political commentator for over a decade. Has traveled the U.S. and lived in Moscow and Tsblisi, A former stockbroker and 2014 Congressional candidate. Passionate about politics with emphasis on 1st and 2nd Amendments.

1 Comment on "NY State still reeling from the Gov. Cuomo budget proposal"

  1. Comment as found on Facebook

    Heidi Baker

    In many ways NY is a microcosm of the national financial conundrum. Take this piece, replace “county” with “state” and “Albany” with “Washington” and you have a fair representation of America’s fiscal imbalance and the problem of too much taxation power in the hands of the Federal government. The end result of tax-and-spend tactics is a weaker society.

Thank you for lending your voice. We appreciate hearing what you have to say.

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