State Budgets 2012: New York

 

New York


To see more state budget news and information, visit State Budgets 2012

Budget Background:

  • Fiscal Year Begins: April
  • Frequency of Legislative Cycle: Annual
  • Legislative Session for 2012: Convened January 4, 2012
  • Frequency of Budget Cycle: Annual

Learn more from the National Association of State Budget Officers


Budget News and Information: 2012

Resources:


4/2/12: Analysis: NY’s Budget is Big, The How is Bigger

The best product of New York’s $132.5 billion budget adopted last week may have been the process. By all accounts from inside the secretive negotiations, Gov. Andrew Cuomo reached out to the Legislature although a New York governor’s immense legal power in budgeting meant he didn’t have to. Assembly Speaker Sheldon Silver and Senate Majority Leader Dean Skelos reached back, even though apparently no longer feeling the threat of Cuomo’s veto of their redistricting plan was gone. The bills were even made public for three days before the voting which ended Friday. Even though that’s the law, it’s a rare nod to transparency.

Read more:  Associated Press


 

4/1/12: Some win, some lose in New York state budget deal

The budget passed Friday by the state Legislature didn’t contain everything local officials were hoping for, but it was getting generally positive reactions.  “It’s a good budget. Could it have been better? Yes. But there’s still room for negotiation and talks going forward,” Monroe County Executive Maggie Brooks said.

Read more: Rochester Democrat and Chronicle


 

3/30/12: New York State’s 2012 Budget Sails Through Albany

The State Legislature approved a $132.6 billion spending plan on Friday for the fiscal year that begins Sunday, bringing to a punctual conclusion one of the smoothest state budget negotiations at the Capitol in years.  Gov. Andrew M. Cuomo and legislative leaders eagerly celebrated passage of the spending plan, which slightly reduces over-all spending from the current year, as evidence that Albany was finally behaving responsibly after years of scandal and disorder.

Read more:  New York Times


 

3/28/12: Highlights From New York State Budget Agreement

Highlights of 2012-13 Budget Agreement:  Here's a look at the key points in the 2012-13 state budget, which was agreed to by lawmakers and Gov. Andrew Cuomo on Tuesday.

Read more: WGRZ


 

3/20/12: State lawmakers tying up loose ends to successful but secretive session

One would have to go back a long way to find a year in which passage of New York’s state budget was an afterthought. And yet that’s exactly what it seems to be this year, both in terms of public interest and political participation.  Having gotten many of the thornier, big-ticket issues out of the way last week, state leaders are predicting they’ll easily meet the April 1 budget deadline despite a price tag that will come to somewhere around $132.5 billion.

Read more: Rochester Democrat and Chronicle


3/20/12: NY state budget talks may pause after pension cuts

New York state looked on track to easily beat its April 1 deadline for passing its budget the second time in a row, but political analysts say that after several hurdles were cleared last week, optimism appears to have withered.  The negotiations might come closer to the deadline due to new pressure on legislators from unions angry about Democratic support for new legislation cutting pension benefits as well as from lawmakers upset about new lines redrawing election districts. Governor Andrew Cuomo, a Democrat, has proposed a $132.5 billion budget to close a deficit of $2 billion.  When asked on Tuesday about getting his plan done this week, he told TALK 1300 AM radio show: "I just want to get it done by April 1." Last year's budget was the first on-time accord in five years.

Read more: Reuters


3/19/12: Governor, NY Legislature turn to passing budget:

After a deal was struck and passed on major policies last week, Gov. Andrew Cuomo and New York's Legislature have turned to negotiating a $132 billion state budget before the April 1 deadline.  More than two-thirds of the budget is already settled. But some thorny issues remained open Monday, including whether to enact a new state health insurance marketplace called an "exchange" under President Barack Obama's health care program.

Read more: Bloomberg Business Week


3/7/12: NY Senate pushes tax cuts, incentives in jobs bill

Business tax cuts, tax incentives for hiring the unemployed, a moratorium on new taxes and a state spending cap will be part of the budget proposal of the New York Senate's Republican majority. The election year proposal plays strongly to the Republicans' base of voters upstate and on Long Island and among its supporters in business. The Senate GOP proposal also sets up the dealing over the next three weeks with the Assembly's Democratic majority and Gov. Andrew Cuomo as they negotiate the coming fiscal year budget.

Read more:  Wall Street Journal


3/2/12: NY Gov Cuomo, lawmakers agree on revenue estimates

New York Governor Andrew Cuomo and the state's legislature agreed to revenue estimates for the new budget on Friday, a legally required step in order to enact the budget by the April 1 deadline.  The new and higher estimates for revenue, which include taxes, fees and other income, range from $133 million to $315 million, just 0.3 percent above Cuomo's earlier forecasts.

Read more: Reuters


2/29/12: Bloomberg Takes Coalition to Albany to Back Cuomo Pension Plan

New York City Mayor Michael Bloomberg led a group of local officials to Albany today to tell lawmakers that if they don’t change the state pension system, it will lead to job cuts. Bloomberg and a coalition of two dozen local leaders, who collectively represent 15 million residents, are pushing legislators to support a plan proposed by Governor Andrew Cuomo. The governor wants to raise the retirement age to 65 from 62 for most new workers and allow for a voluntary 401(k)-type retirement plan.

Read more:  Bloomberg News


2/23/12: NY gov draws line over his pension reform plan

New York Gov. Andrew Cuomo told the Legislature on Wednesday that he's willing to risk a shut-down of government to create a cheaper pension system for the next generations of public workers. 

Read more: Associated Press


2/13/12: Cuomo’s Plan Could Boost Borrowing

A provision in Gov. Andrew Cuomo’s proposed budget amendments could greatly expand the power of state and local governments to borrow money with less independent oversight while potentially avoiding approval from voters or the Legislature, according to three state officials familiar with the proposal.

Read more: Associated Press


2/8/12: Executive Budget continues positive fiscal path, says comptroller

The State Fiscal Year 2012-13 Executive Budget continues progress made in the current enacted budget to close an immediate projected gap as well as narrow out-year shortfalls, according to an analysis released today by New York State Comptroller Thomas DiNapoli. The greatest threat to maintaining a balanced budget remains the sluggish economic recovery that could lead to lower-than-expected tax collections.

Read more: Empire State News


2/7/12: NY comptroller, leaders fear power grab in budget

Leaders in Gov. Andrew Cuomo's own Democratic Party as well as his close Republican Senate ally on Tuesday accused the governor of a making a power grab in his budget proposal, saying he was trying to claim too much control over state spending.

Read more: Associated Press


1/18/12: Gov. Cuomo releases budget that closes $2 billion gap

Governor Cuomo released a state budget plan that closes a $2 billion dollar gap, recommends a phased in state takeover of county health care costs, and offers an ultimatum to schools to accept a teacher evaluation program or lose increased school funding. Cuomo closes this year’s budget gap by reducing spending at state agencies by $1.3 billion dollars, and reducing aid to local governments by another $756 million dollars. 

Read more: WRVO Public Media


1/18/12: Details of Cuomo's budget proposal

Summary of Governor Cuomo's proposed budget. 

Read more: Albany Times Union


1/17/12: Press Release: Governor Cuomo's 2012 Executive Budget and Reform Plan Outlines Vision to Continue Building a New New York

Governor Andrew M. Cuomo today unveiled his 2012-13 Executive Budget and Reform Plan, which expands on the historic reforms enacted last year to continue building a New New York. As a result of the tough decisions and bipartisan cooperation of the past year, the State is able to close the current deficit without broad cuts, new taxes, fees or gimmicks. In addition, the Governor’s Executive Budget proposes major reforms to reduce the cost of government for taxpayers, implements accountability in our schools to put students first, and puts the State in a position to leverage billions of dollars in private sector investment to grow the economy and create jobs.

Read more: Office of the Governor


Budget News and Information: Previous Budget Cycles

Resources:


4/1/11: Gov. Cuomo’s Budget

New York’s lawmakers passed a $132.5 billion budget before the April 1 deadline, a rare event. That is, on the whole, a political win for Gov. Andrew Cuomo, who cut $10 billion out of it.

Read more: New York Times


3/31/11: Albany Finishes Rare On-Time Budget

To the soundtrack of chanting protesters who draped banners from staircases and banged on the doors of the legislative chambers, lawmakers finished approving Gov. Andrew M. Cuomo’s budget early Thursday morning, making for the state’s first on-time spending plan in five years. The $132.5 billion budget, which hews closely to what Mr. Cuomo proposed two months ago, cuts year-to-year spending for the first time in more than a decade and imposes no major new taxes. The Legislature’s approval cemented a huge political victory for the governor, who praised legislative leaders early Thursday “for this demonstration of competence” — something for which Albany is not exactly known.

Read more: New York Times


3/31/11: After an On-Time Passage of a Pared-Back Budget, Bracing for the Pain to Come

After the State Legislature on Thursday adopted one of the leanest budgets in recent years, thousands of workers are facing the threat of layoffs, school systems across the state are preparing teacher cuts, and prison guards face losing their jobs as the state decides which prisons to close. While Gov. Andrew M. Cuomo and state lawmakers hailed the passing of an on-time spending plan for the first time in five years as a sign of Albany’s behaving responsibly in tackling the state’s financial woes, the consequences of a budget that makes deep cuts in education, health care and other areas will certainly prove severe.

Read more: New York Times


3/27/11: New York, Meet Your New State Budget

Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver today announced an agreement on a 2011-2012 budget that eliminates a $10 billion deficit. The agreement includes historic reforms that redesign state government, create efficiencies through consolidation, cap spending increases for education and Medicaid, and transform the future budgeting process. The approximately $132.5 billion budget will reduce spending overall by over 2 percent from the current year, eliminate 3,700 prison beds, establish regional economic development councils, bring performance funding to education, redesign Medicaid, and cap next year's education and Medicaid spending.

Read More: New York Daily News


3/24/11: State May Reach Early Budget Deal

Could it be? An early state budget deal?  Senate Majority Leader Dean Skelos announced this morning that a "conceptual agreement" on how to close a projected $10 billion budget gap could come as soon as tomorrow. Skelos, the state's top Republican, offered his rosy prediction after emerging from a closed-door Capitol powwow with Gov. Andrew Cuomo and Assembly Speaker Sheldon Silver. "I'm very optimistic that we will be able to announce a conceptual agreement - hopefully even more than a conceptual agreement – tomorrow," Skelos told reporters. "That's my goal. That's our conference's goal. We believe it can happen."

Read more: New York Post


 

 

3/24/11: Andrew Cuomo warns of possible state shutdown

A shutdown of state government is likely if lawmakers and Gov. Andrew Cuomo fail to agree to a spending plan, the governor warned Wednesday, adding that the Legislature would take the blame. "As your governor, I will make sure we are prepared for this contingency. In the end, I will not compromise the important work you elected me to do," Cuomo said in a video posted on his website.

Read more: Rochester Democrat and Chronicle


3/21/11: Senate Differs with Cuomo on Some Budget Items

The state legislature is continuing conference committee meetings on the budget, but lawmakers say there are still some sticking points to reaching agreement by next week's deadline. Republicans who run the Senate agree with Governor Cuomo on the broad principles of his budget, including the governor's nearly $10 billion dollars in cuts. They also, along with the governor, reject a plan advanced by the State Assembly to extend a temporary income tax surcharge on the state's millionaires. 

Read more:  WXXI


3/20/11: Albany budgets show differences

The assembly and the state Senate passed separate budgets last week, illustrating the priorities of each chamber as the April 1 deadline approaches to pass a state budget.

Read more: Crain's New York Business


3/19/11: New York Legislature accepts Gov. Andrew Cuomo's fill-in-the-blanks state budget

In a major break from past budget negotiations, New York lawmakers have ceded major policy decisions — which prisons to close, how to revamp juvenile detention centers and whether to lay off thousands of state workers — to the governor.

Read more: Syracuse Post-Standard


3/17/11: New York governor hits school districts, defends education cut

Claiming local school districts are playing "political games," New York's governor on Thursday defended his $1.5 billion cut to education spending. Governor Andrew Cuomo's proposed cut in state aid to schools -- the largest in history -- is aimed at closing a $10 billion budget gap for the next fiscal year. Cuomo told reporters on Thursday that his cuts average 2.7 percent per school district, and could be offset by rooting out inefficiencies, using reserve funds and lowering the salaries of superintendents.

Read more:  Reuters


3/16/11: Click here to read Senate and Assembly budget plans. They’re informative and easy to read … honestly.

The state Assembly and Senate on Tuesday each released a summary of its respective recommended changes to Gov. Andrew Cuomo’s 2011-12 executive budget. These documents spell out the specific differences that each body of the Legislature has with the governor, and each articulates the chambers’ own spending priorities. And you don’t have to be an accountant to figure them out. These documents are a valuable tool not only for elected officials, but for those in education, social services, arts, transportation and all other areas touched by the state budget.

Read more: Glens Falls NY Post-Star


3/15/11: Senate, Assembly propose counter offers to Cuomo

The big dance, Albany style, is beginning. The Republican-led Senate and Democrat-led Assembly on Tuesday each proposed in their versions of the state budget to restore some school aid cut in Gov. Andrew Cuomo's spending plan. But by any historical standard, they're calling for only modest restoration to Cuomo's proposed cuts, which would still result in a state budget that cuts spending from the current fiscal year.

Read more: Associated Press


3/15/11: Cuomo’s Plan to End New York Millionaire’s Tax Opposed by Fellow Democrats

New York Governor Andrew Cuomo’s plan to let the state’s highest income-tax rate expire is opposed by fellow Democrats in the Assembly who propose to keep the top levy on those earning $1 million or more. The 8.97 percent millionaire’s tax is included in a budget resolution before the Assembly, where Democrats hold a 99-to-51 advantage. A vote on the budget plan is expected in Albany today, according to Sisa Moyo, a spokeswoman for Assembly Speaker Sheldon Silver, a Democrat from Manhattan.

Read more: Bloomberg


3/15/11: Assembly seeks true millionaire's tax, Senate preparing budget bills with Medicaid cuts, school aid boost

A true millionaire's tax is the Assembly Democrats' answer to Gov. Andrew Cuomo's budget plan. Senate Republicans want to trim Medicaid costs and cut some health care taxes. And both houses want more money for school aid. Those positions will get an airing Tuesday as the Assembly and Senate offer up their formal responses to Cuomo's proposed $132.5 billion spending plan.

Read more: Albany Times-Union


3/15/11: State lawmakers submit ideas for budget

A tax on high-income earners and more money for education were inserted into budget bills of the Assembly and the Senate as state lawmakers and Gov. Andrew Cuomo sprint to the budget finish line. The state's 2011-12 budget is due April 1, the start of the fiscal year. Though legislators stressed their budgets were similar to the spending plan proposed by Cuomo on Feb. 1, the measures include provisions the governor has rejected or would have to compromise on.

Read more: Rochester Democrat and Chronicle


3/14/11: Assembly Democrats to OK revised ‘millionaires tax’

Democrats in the New York Assembly are set to approve a limited version of the “millionaires tax” as part of their budget plan. The Assembly budget plan, filed over the weekend, extends the hot-button tax for one more year--and only on those making $1 million or more. A vote is set for tomorrow. The Assembly plan will raise no more than $1 billion for the state in its 2011-12 fiscal year. Democrats hold a 99-51 advantage in the chamber.

Read more: Business Review


3/13/11: Groups: Upstate, rural districts hit hardest by education cuts

Upstate school districts leaders and education groups are concerned that Gov. Andrew Cuomo's proposed budget sharply reduces their state aid while sparing their downstate counterparts.

Read more:Rochester Democrat and Chronicle


3/11/11: New York Sen. Bonacic suggests tax on rich

State Sen. John Bonacic has broken ranks with Republican colleagues to support a modified version of the so-called "millionaires' tax" to avert steep cuts in school aid and provide property-tax relief.  In spite of its name, the tax is actually a temporary rate increase for individuals making more than $200,000 a year and couples earning $300,000 and above. It expires at the end of the year, but Democrats, education activists and other groups have pushed to preserve it to soften Gov. Andrew Cuomo's proposed budget cuts.

Read more: Times Herald-Leader


3/11/11: Cut for disabled kids draws ire

An estimated 600 disabled students, family members and educators joined legislators Thursday morning at the Capitol to ask Gov. Andrew Cuomo to pull back a planned change in the way "4201" schools are funded. New York has 11 state-supported private schools that work with 1,500 students who are blind, deaf or fall within an additional range of disabilities.

Read more: Times Union


3/10/11:  Analysis: Silver offers mixed message on tax surcharge

Maintaining an income tax surcharge for New Yorkers making $200,000 or more is not feasible, Assembly Speaker Sheldon Silver declared Monday -- first in a newspaper column and later speaking to journalists at the Capitol. "The likelihood of it actually being put into law is actually pretty poor," he said. But on Tuesday, Silver told Gov. Andrew Cuomo he would include it in the Assembly's budget resolution -- due out sometime before March 15 -- because "the overwhelming sentiment of my house is to renew and to do it."

Read more:Albany Times Union


3/9/11: Will state give away $350M?

New York's loss could be New Jersey's $350 million gain if the "millionaires tax" is allowed to sunset at the end of this year.  An estimated 648,000 people live outside of New York state but pay income taxes here, and a substantial number of the nonresidents earn enough to get hit by the current surcharge, which begins at $200,000 for single filers. The fact was highlighted recently by a report in New Jersey, where the bulk of the out-of-state taxpayers live. Budget experts there estimated that letting the millionaire's tax expire at the end of the year, as Gov. Andrew Cuomo has planned, could result in a $350 million windfall for tax coffers in the Garden State in 2013.

Read more: Albany Times Union


3/9/11:  Catholic leaders warn against cuts

Catholic leaders lobbied Gov. Andrew Cuomo on Tuesday, arguing on behalf of "the voiceless" while, by their presence, reviving chatter about inconsistencies between the governor and the doctrine of the faith he follows.

Read more: Albany Times Union


3/8/11: Andrew Cuomo rallies support for new budget

Cuomo continued a public relations campaign to build support for his 2011-12 budget with his first stop in Monroe County since becoming governor, speaking to a crowd of about 200 students and community leaders for 45 minutes at Nazareth College in Pittsford.

Read more: Rochester Democrat and Chronicle


3/4/11: NY governor woos foes of his school and health cuts

New York Governor Andrew Cuomo is touting what his aides say is an unprecedented two-year budget proposal that would reverse course and increase state spending on education and Medicaid for the 2013 fiscal year.

Read more: Reuters


3/4/11: Mixed reaction to Medicaid reforms

A fast-working committee’s proposals to reform Medicaid payments and programs in New York have raised both alarm and applause from health care providers in Westchester County and around the state. Those critics and supporters have turned their sights and lobbying efforts on the state Legislature as it weighs adopting items from the lengthy Medicaid overhaul list into the 2011-12 state budget.

Read moreWestfare Online


3/3/11: Cuomo amends his NY budget for Medicaid, schools

Gov. Andrew Cuomo on Thursday amended his proposed budget to incorporate Medicaid funding cuts and policy changes recommended by a task force that reviewed the program and to reflect some future economic optimism.

Read more: Associated Press