The agreement calls for $850 million in New York State and local funding, the largest taxpayer contribution ever for a National Football League facility. Source: New York Times
Posts published in “Budgets and Budgeting”
Will the Buffalo Bills Get a $1.4 Billion Stadium?
Gov. Kathy Hochul is eager to keep the football team from leaving town. Source: New York Times
Hochul Weighs a $1.4 Billion Stadium for the Buffalo Bills
Gov. Kathy Hochul is negotiating a new stadium for the Buffalo Bills, but some see such spending of taxpayer dollars as wasteful. Source: New York Times
Federal Covid Cash Kept New York State Afloat. That Could End Soon.
An influx of federal funds may have saved the M.T.A. and staved off painful budget cuts in Albany and New York City. There’s a fight over what comes next. Source: New York Times
Why Child Care Is a Priority in Albany Right Now
The governor and the Legislature both want to spend more and expand access to subsidies for New York families. Source: New York Times
Child Care: New York’s Next Big-Ticket Budget Priority
Gov. Kathy Hochul and the State Legislature have plans to significantly increase spending on child care and to make more families eligible for subsidies. Source: New York Times
No New Taxes, but Plenty to Fight Over in New York’s Looming Budget
Potential changes to the state’s bail laws, and revisiting mayoral control of schools in New York City, among other issues, await state leaders. Source: New York Times
Push for More Restrictive Bail Law Gains a Key Ally: Gov. Hochul
Ms. Hochul wants to expand the list of crimes eligible for bail in New York, and give judges the power to consider the danger a defendant poses in setting bail for certain crimes. Source: New York Times
Gov. Murphy Tones Down Liberal Message in Bid for Suburban Voters
In the first budget address of his second term, Gov. Philip Murphy responded to New Jersey voters’ discontent at a time of surging gas costs and high taxes. Source: New York Times
Online Sports Betting’s N.Y. Debut: $2.4 Billion in Wagers in 5 Weeks
Since the state legalized online gambling in January, bets have poured in, bringing revenue to tax coffers but worrying addiction specialists. Source: New York Times
New York Was Set to Expand Composting. Now It’s on the Chopping Block.
Mayor Eric Adams wants to suspend the expansion of New York’s composting program, but experts say the program is crucial to the city’s climate targets. Source: New York Times
Eric Adams Proposes a $98 Billion Budget with Flat Police Funding
The mayor’s first budget proposal called for across-the-board cuts to most city agencies, as well as a reduction in the city’s work force. Source: New York Times
Kathy Hochul Unveils Record $216 Billion Budget Plan for NY
Gov. Kathy Hochul unveiled a record-setting new budget plan, as state officials project balanced budgets through 2027, with none of the typical warnings of billion-dollar shortfalls. Source: New York Times
Kathy Hochul Gives Her First State of the State Speech
Gov. Kathy Hochul pledged $10 billion to boost the state’s decimated health care work force, proposed a new transit line, and directed funds to combat gun violence. Source: New York Times
What’s in Kathy Hochul’s Proposal on Housing, Economy and Climate
The proposals, released as part of Ms. Hochul’s first State of the State address, reflected her priorities as she prepares to run for a full term as governor. Source: New York Times
