So, how is Governor Andrew Cuomo paying for that $100 billion infrastructure "development initiative" that, as he put in his State of the State message yesterday, "would make Governor Rockefeller jealous"?
The answer: for the most part, he actually isn't.
The New York Power Authority (NYPA) could be taking the money-losing state Barge Canal off the back of the Thruway Authority under the fiscal 2017 state budget that will be proposed today by Governor Andrew Cuomo.
Assuming this Buffalo News report is true, it would explain how Cuomo intends to finance his proposal to freeze Thruway tolls for five years even while building the $4.8 billion Tappan Zee Bridge replacement.
Gov. Cuomo’s 2017 state budget, which he’ll present next week, is likely to call for billions of dollars in new spending on highways and bridges.
Unfortunately, taxpayers won’t get their money’s worth if the state continues to insist on rigging bids for public-works projects that all but guarantee the jobs will go to unions.
Staten Island Congressman Dan Donovan, whose borough gets free ferry service to Manhattan, isn't particularly enthusiastic about this new Amtrak proposal to build a rail tunnel beneath the Hudson River.
The city will get $10 million from the New York State Assembly this year to jump start Syracuse's efforts to fix its crumbling water system, Assemblyman Bill Magnarelli, D-Syracuse, said today.
Aided by a $1.3 billion state bailout, the state Thruway Authority on Monday approved a 2015 budget that includes no toll increase this year and directs $909 million to fund the ongoing construction of a new Tappan Zee Bridge in the Hudson Valley.
The New York State Thruway Authority revised its 2015 budget Monday to reflect the infusion of $1.285 billion in state funds.
At a campaign stop in Albany last October, Governor Andrew Cuomo announced an ambitious new plan to revolutionize New Yorkers’ access to broadband internet with $500 million in state funding.