Aid to Schools Up, Significant Mandate Relief M.I.A.
Today, Governor Andrew Cuomo unveiled the proposed 2013-2014 Executive Budget, laying out his fiscal roadmap for the year...
Governor Andrew Cuomo presents his 2013-2014 Executive Budget. (Photo Credit: Lori Van Buren/Times Union)
The Governor’s Executive Budget eliminates a $1.3 billion deficit and holds state spending growth under 2% for the third year in a row with no new taxes or fees.
But one area conspicuously absent is a meaningful push for mandate reform. Currently State mandates are crippling county and local governments. Some Westchester municipalities have seen a whopping 22% increase in their State-mandated pension payments year-to-year.
To read the full budget, click here, and read highlights below.
The 2013-2014 Executive Budget and Management Plan:
Increases education aid by $889 million, or 4.4 percent, driving an average increase of more than $300/student per year;
Targets economic development spending to accelerate the commercialization of new technology, launches a third round of the Regional Economic Development Councils, and markets the state’s tourism assets to bolster economic growth, especially Upstate;
Reforms the Workers' Compensation system to save employers, local governments, and school districts more than $900 million;
Includes nearly $974 million in savings from government redesign and cost control efforts;
Builds on the significant mandate relief enacted in 2012-13 by providing a Stable Rate Pension Contribution Option to allow local governments and school districts to immediately realize Tier VI savings; and
Raises the minimum wage from $7.25/hour to $8.75/hour