State budget

April 1  arrived with no agreement on the state budget, and for the first time in over a decade, there’s no clear indication of when a spending plan might be passed.

State Comptroller Tom DiNapoli warned that if the impasse lasts beyond next Monday, the paychecks of some essential state workers might be delayed.

On the first day of the new fiscal year, just one of 10 budget bills had been approved. The debt service bill was passed on the evening of March 31. Senate Finance Chair Liz Krueger could not say when the remaining nine might be ready for passage. 

Rochester City School Superintendent Terry Dade is warning about the possibility of more than 800 staff cuts if the district’s request for $35 million to close a budget gap for the current school year is not approved.

He made the dire prediction at a legislative hearing held Tuesday on the proposed New York state budget for the upcoming year.

Dade spoke at the hearing in Albany about the financial difficulties facing the city school district during a hearing on elementary and secondary education.

The New York State budget was finally passed, we find out what impact it might have on local businesses. The monthly survey in small business jobs, there is a small uptick in tourism and service, but why are some of these companies still hesitant to hire full-timers?

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes.

ALBANY, N.Y. (AP)  The threat of a government shutdown loomed Sunday as New York lawmakers struggled to strike deals on a budget, an impasse that harkened back to Albany's tradition of dysfunction that Democratic Gov. Andrew Cuomo had pledged to end. 

Outstanding issues included education spending, charter schools and juvenile justice reform. The budget was supposed to be approved by Saturday, the start of a new fiscal year. Lawmakers said they could start voting on the more than $150 billion spending plan on Monday. 

The final votes are being counted for the New York State budget, and the basic framework has been announced.

There will be an increase in the minimum wage, but Upstate New York will get less than New York City and Long Island. We'll talk about the schedule.

Paid family leave will happen. We'll talk about when it will take effect and how it will work.

We'll also talk about education funding: the gap elimination adjustment is gone. What will that mean for schools, and is it what advocates wanted?

Finally, why wasn't there an ethics deal in the budget? We'll work through all of these questions and more. Our guests:

  • Karen DeWitt, chief of WXXI's Capitol Bureau
  • Eamonn Scanlon, lead education organizer with Metro Justice
  • Tim Schiefen, owner of Certified Automotive Repair in Bloomfield
  • Brian Sampson, president of the state Associated Builders and Contractors

The think tank Truth in Accounting calculates that New York state has quite a bit of 'hidden debt' (roughly $78 billion) which puts an interesting spin on the notion of budgetary windfalls the Governor is looking to spend. Sheila A. Weinberg is founder & CEO, she will talk us through how to make sense of those big numbers thrown around in Albany (no not Sheldon Silver’s, the ones in the state budget delivered on Wednesday).

Then we’ll talk with the dynamic Tom Stewart, executive director of the National Center for the Middle Market. These types of companies occupy an important space in the national economy. They're not small businesses, but not mega corporations either. We’ll ask Tom about venture fund investment and the role of Middle Market companies which were featured in both the State of the State and State of the Union this week.

Tax Credits to Boost Upstate Film Industry

Mar 28, 2013
Some rights reserved by Pedro fait de la photo

The final version of the state budget includes a provision aimed at boosting the film industry in upstate New York. The new tax credit creates a two-tiered system that includes a 10 percent credit for productions using particular upstate locations.

The provision takes the total available credit for filming in upstate counties to 40 percent, without altering the cost of the original credit program for taxpayers.