The Pols in Hochul, NY, close a big $220 billion budget — including Bill’s stadium monies

State lawmakers are poised to enter into a budget agreement that will add an additional $4 billion to Gov. Kathy Hochul’s record-breaking proposal of $216 billion — including the more than $850 million in state and local taxpayers’ money that she for a new Buffalo Bills stadium, sources told the Post on Tuesday.

New York’s fiscal 2023 overdue budget could reach or exceed $220 billion, an $8 billion increase from fiscal 2022, sources close to the negotiations said.

Higher-than-expected tax revenues and federal COVID-19 relief funding are expected to fund the spending under consideration.

Hochul and other Democrats, who control both houses of the state legislature, missed Friday’s deadline to pass a new budget and passed a last-minute “extension” to the budget on Monday, giving them until Thursday to approve pay commitments for tens of thousands of state employees fulfill.

“Hopefully we’ll have everything wrapped up before Thursday … that’s sort of the deadline,” said Deputy Senate Majority Leader Michael Gianaris (D-Queens).

Gianaris said lawmakers are close to agreements on key issues, including Hochul’s proposed rollback of the state’s controversial bail reform bill.

“We will handle gun charges differently. In some cases it’s about what constitutes arms trafficking and in others it’s about whether or not a particular charge can be returned on bail, but there will be a number of changes,” he said.

Members of the New York Senate bid farewell on Monday, April 4
Gov. Kathy Hochul extended the state budget deadline to Thursday.
AP Photo/Hans Pennink
Depiction of the proposed renovations at Buffalo Bills Highmark Stadium.
Hochul has been criticized for negotiating the new stadium deal with the Buffalo Bills behind closed doors.
Populous

Gianaris also said: “Dealing with hate crimes is a priority for many of our members and you will see some changes in that regard.”

Sources said the plan for a new Bills Stadium – which emerged as a Hochul priority last week – was likely to go through despite widespread opposition from lawmakers and the public.

Hochul put the total cost at $1.4 billion, with state taxpayers contributing $600 million and residents of Erie County, where it will be built, contributing another $250 million.

Home care workers protest during Gov. Kathy Hochul's press conference at the State Capitol in Albany, New York.
Home care workers protest during Gov. Kathy Hochul’s news conference at the State Capitol in Albany.
AP Photo/Hans Pennink

The teams’ billionaire owners – Florida residents Terry and Kim Pegula – will carry just $550 million of the price tag.

However, independent budget watchdogs have warned that cost overruns and the price of actually running the stadium could send taxpayers’ total bills as high as $1.13 billion.

Hochul and lawmakers are also working out the details of a plan to bring legal casino gambling to New York City.

New York Gov. Kathy Hochul speaks to reporters about the State Budget at the State Capitol, Monday, April 4, 2022, in Albany, NY
Hochul hopes Assembly and State Senate Democrats can pass the budget by Thursday.
AP Photo/Hans Pennink

The measure would require the state’s Gaming Facility Location Board to issue an application for filing applications to open three new gaming parlors — with two or possibly all three in the five counties — in addition to the four already operating upstate.

State Senate Democrats included a proposal that would price each new license at $1 billion, but sources close to the negotiations said that number is yet to be determined.

“For a number of our members and a number of assembly members it’s important that local officials have a say on where casinos end up so there will be an element of that in the final product but the details are still being worked out,” Gianaris said.

Gov. Kathy Hochul is vaccinated with a second COVID-19 booster shot from Pfizer on April 4, 2022 at the State Capitol in Albany, New York.
Hochul was vaccinated with a second Pfizer COVID-19 booster shot at the state capitol on Monday.
AP Photo/Hans Pennink

The legislature is also thinking about this:

  • An extension of the “alcohol to go” measure from the pandemic period
  • Relief for sky-high prices at the pump
  • A plan to overhaul the state’s embattled ethics body, the Joint Commission on Public Ethics
  • More spending on home caregivers, childcare, ailing hospitals, SUNY and CUNY students, and possibly a federally funded deal to insure undocumented New Yorkers
  • Sources in the Senate and state assembly have complained that Hochul thwarted budget negotiations by introducing controversial policy points in March, several weeks after her original proposal was published in January.

Sources also said progress slowed after a majority of Hochul’s negotiating team had positive cases of COVID-19.

Deputy Senator Majority Leader Michael Gianaris, D-Astoria, awaits the start of a Legislative Session in the Senate Chamber of the State Capitol on Wednesday, March 23, 2021, in Albany, NY
Deputy Senate Majority Leader Michael Gianaris claims lawmakers are concerned about hate crimes and disparate treatment of “gun allegations”.
Hans Penink

The governor announced Monday that all but one of her officials had contracted the virus in the final days of budget talks.

https://nypost.com/2022/04/05/hochul-ny-pols-close-on-big-220b-budget-including-bills-stadium-funds/ The Pols in Hochul, NY, close a big $220 billion budget — including Bill’s stadium monies

JACLYN DIAZ

USTimeToday is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimetoday.com. The content will be deleted within 24 hours.

Related Articles

Back to top button