Now the state is facing complaints by districts that the process to obtain their piece of the pie is too lengthy and complicated. A study by the Empire Center called the rollout to local districts "sluggish and haphazard." The fiscally conservative center also questioned how the borrowed money is being spent, with such a sizable portion going for construction, not the new technology on which the bond issue was sold to voters. Read More
The pork may be returning to the state budget. State lawmakers and Gov. Andrew Cuomo quietly have stashed away $1.2 billion for pet projects, and they are starting to spend it: about $187 million for 588 projects across New York, a report from the Empire Center, a watchdog group in Albany found. Read More
State leaders are planning to borrow $5 million to help CBS pay for renovations at the Ed Sullivan Theatre, the home for the "Late Show with Stephen Colbert," according to state records. That means state taxpayers are on the hook for $5 million, plus interest. Read More
A fiscal watchdog group says it’s uncovered what it calls a “secret slush fund”, used by Governor Cuomo and state legislators to fund pet projects around the state, but the governor’s budget office says the grants are subject to oversight. Read More
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