Members of the Common Council said they will propose spending $2 million more than Mayor Stephanie Miner recommended in her 2012-2013 city budget because they expect sales tax revenues to exceed Miner’s estimate.

Councilors today said they had not decided how to use the extra funds. Before allocating the money, they said they would consider comments made at a 6 p.m. public hearing, which attracted roughly 50 residents to city hall tonight.

“This is money that was unanticipated, but is based in reality,” said Councilor Kathleen Joy, who chairs the finance committee. “It’s a good thing.”

Miner’s chief of staff, Bill Ryan, said spending more money “is not a prudent decision” even if more sales tax revenues materialize.

E.J. McMahon, senior fellow at the Manhattan Institute, a conservative think tank, agreed. McMahon, who spoke with representatives from Miner’s office Wednesday, said a financially strapped city like Syracuse, which is balancing the budget with a one-shot infusion of $21 million in extra state aid, should salt away any extra money for the expected tough times ahead….

Read article here

You may also like

State’s Growing Budget Hole Threatens NYC Jobs and Aid as Congress Takes a Holiday

“The biggest problem for the state is the enormous, recurring structural budget gap starting next year and into the future,” said E.J. McMahon of the conservative-leaning Empire Center. “Cuomo clearly hopes that starting in 2021, (Democratic presidential candidate Joseph) Biden and a Democratic Congress will provide states and local government a couple of year’s worth of added stimulus. Read More

How Andrew Cuomo became ‘maybe the most powerful governor’ in U.S.

Ed McKinley ALBANY — When the New York Constitution was reorganized nearly 100 years ago to give the governor more power over the budget process,  noted there was a risk of making “the governor a czar." M Read More

Study disputes Cuomo on Trump tax package; experts say it’s complicated

Michael Gormley ALBANY — A new study by a conservative think tank says President Donald Trump’s 2017 tax law gave most New Yorkers a tax cut, even as Gov. Andrew M. Cuomo insists on repealing the measure because he says it will cost New Yo Read More

Empire Center sues Department of Health over nursing home records

Johan Sheridan ALBANY, N.Y. () — The Empire Center filed a  against the state Department of Health on Friday. “This case isn’t about assigning blame or embarrassing political leaders,” said Bill Hammond, the Empire Center’s Read More

Good news: That New York pork isn’t going out the door after all

The Empire Center first reported Tuesday that grants — 226 of them, totaling $46 million, to recipients selected by the governor and individual state lawmakers — seemed to still be going ahead. Read More

New York Lawmakers Seek Independent Probe of Nursing-Home Coronavirus Deaths

With lingering questions about how the novel coronavirus killed thousands of New Yorkers who lived in nursing homes, a group of state lawmakers is pushing to create an independent commission to get answers from the state Department of Health. Read More

Policy analyst: Cuomo wrong to write-off nursing home criticism as political conspiracy

“The importance of discussing this and getting the true facts out is to understand what did and didn’t happen so we can learn from it in case this happens again,” Hammond said. Read More

EDITORIAL: Nursing home report requires a second opinion

No doubt, the Health Department and the governor would like this report to be the final word on the subject. But if it’s all the same with them, we’d still like a truly independent review. Read More

Empire Center Logo Enjoying our work? Sign up for email alerts on our latest news and research.
Together, we can make New York a better place to live and work!