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Cuomo's budget includes $40M for Eastman Business Park

Rochester Business Journal
January 21, 2014

Gov. Andrew Cuomo’s proposed 2014-15 budget includes a variety of cuts to spending and taxes, and also includes $40 million for further redevelopment of the Eastman Business Park.

Cuomo’s property tax proposal provides incentives to homeowners in municipalities that comply with the state’s 2 percent property tax cap, and additional tax relief if their local government reduces its operating costs by 1 percent in each of the next three years.

He continued to press local governments to reduce spending through shared services and consolidation, citing Monroe County as an example of government excess.

Monroe County has 624 government entities that charge taxpayers $1.6 billion annually, Cuomo said. If the county cut operating costs by 3 percent over three years, he said, it would save $48 million.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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