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Business Council Discusses Governor’s Budget

February 23, 2013

The Business Council supports most of what is in Gov. Andrew Cuomo’s 2013-14 budget. However, there are still items the business advocacy group would like removed or reformed in the spending plan....

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Aaron1

Feb-23-13 6:52 AM

"Pokalsky said the proposed budget has a spending increase of less than 2 percent for the second consecutive year. The budget proposes a $2.5 billion increase in spending, which is a 1.9 percent hike.", this is a remarkable achievement,' Pokalsky said about the less than 2 percent proposed budget increase. He said even through there is a $10 billion spending gap projected for fiscal year 2015, that by keeping spending under 2 percent and with an increase in revenues, a modest surplus could be reached by 2016."If does not compute that a $10 billion gap becomes a miracle surplus in 2016,what magic causes this to happen?

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Aaron1

Feb-23-13 6:56 AM

"Pokalsky said The Business Council also supports infrastructure and development capital, unemployment insurance and workman's compensation reform and deferred tax credit repayment initiatives in the budget. However, he said The Business Council does not like the 18a energy tax extension, the proposal for an increased state minimum wage and restrictions on Industrial Development Agencies. The 18a energy tax would cost New Yorkers $472 million annually, The Business Council officials have said. 'Our position is just say 'No,'' Pokalsky said." Very true and necessary.

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Aaron1

Feb-23-13 7:02 AM

"the proposal to increase the minimum wage, Pokalsky said it is, 'more likely than not,' to happen. He said if it is going to be increased, The Business Council would like to see a training wage established for new employees and for the minimum wage not to be indexed with inflation. Last month, Gov. Cuomo proposed raising minimum wage from $7.25 to $8.75 in his State of the State speech. The Democratic governor says New Yorkers at the low end of the income ladder should earn more. The increase would be a 17 percent hike. In Gov. Cuomo's proposed budget, the state's IDAs would no longer be able to grant state sales tax exemptions for economic development projects. Instead, that authority will go to Cuomo's Regional Economic Development Councils. It's a move that has the local economic development agencies upset." Upset is too weak a word to express what Andrew and Barrack are trying to achieve without voter approval!

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Aaron1

Feb-23-13 7:05 AM

"Bill Daly, county IDA executive director, said by giving the power to regional councils, it will weaken the local organization because officials from larger municipalities, like Buffalo, would have more control. 'There is so much good about regional councils, and there is so much bad,' Daly said during the briefing Friday. Right now, New York's IDAs have the ability to give out local and state tax breaks in order to encourage economic development. The governor says the change will keep IDAs accountable by requiring them to have projects that involve state tax exemptions to be approved by the regional councils. Assemblyman Andrew Goodell, R-C-I Chautauqua County, who also spoke during the briefing Friday, said it is not ideal for officials in Buffalo to be making decisions for residents in Chautauqua County. 'It is a scary concept. We are very different from Buffalo,' he said." This is a fact which can be seen if you witness Mayor Brown's State of City annd Erie County speec

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Aaron1

Feb-23-13 7:12 AM

"Pokalsky said The Business Council would also like reform to the Excelsior Job Program. The program's purpose is to offer tax credits which are available for strategic businesses such as high tech, bio-tech, clean-tech and manufacturing that create jobs or make significant capital investments. He said, right now, restrictions are too tight so the program is being underutilized. 'We think we're missing out on opportunities by the state having a lot of criteria,' he said. Pokalsky said by expanding the program to offer more tax credits, the program would be more beneficial. Plus, with a $500 million cap in the state's budget, by making it easier to receive tax credits, the program would not become out of control." After watching Mayor Brown with his water front and domed stadium, it is easy to see what will get funded from any funds received from the state or federal coffers! Chautauqua did not pay proper respect when voting for the two turkeys now leading this state and Nati

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concernedcitizen99

Feb-23-13 11:25 AM

I was in attendance at Mayor Brown's state of the city address and fully agree with Aaron1. The impact of the billion dollars for Buffalo on Chaut. Co will be minimal at best. True, there is a lot of development taking place in Buffalo but what of the remainder of SWNY? Once again we are left to feed off the table scraps of our nearest metro area. Excelisor Program is but a shell of the former Empire Zone Program. While there were abuses downstate the economy in the 3 county rural areas of SWNY benefited greatly and the programs were soundly administered. The transfer of IDA authority for sales tax to the Regional Council is further evidence that we are the red-headed step child in the governor's family. Also, where was the City presence in this? I would have thought that the new DOD Director would have been front in center to advocate for greater benefit to business & industry that is willing to look at locating or expanding in Jamestown. Perhaps this is why we get a property...c

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concernedcitizen99

Feb-23-13 11:28 AM

tax increase and Mayor Brown announces another year 0% increase in property taxes. While the IDA may sometimes overreach on PILOTS at least they are willing fight for recognition, presence and business development.

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Likert01

Feb-23-13 5:01 PM

Why weren't the recently built super chains at this meeting? Oh, that is right... they don't have to pay those silly taxes for another 10 years. Now, what is left of the local business communtity has turned rabid. And still, sadly, don't "get it". By the way, why isn't there a local restaurant in our stadium? If someone was to ask me what city could possibly screw up a FREE, state of the art, dual arena 2000k seats in each, while able to create an ice surface in both? I would say "no city" until living here.

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