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Cuomo to hold overall state spending under 2 percent growth

By Tom Precious

ALBANY – Gov. Andrew Cuomo will, as he vowed, increase overall state aid to education by 4 percent over last year when he unveils his 2013 state budget later this afternoon.

Administration officials said Cuomo’s budget will not include any tax hikes and will keep the general fund budget – the portion of the fiscal plan paid for mostly through state taxes on individuals and companies – to under 2 percent.

The overall budget, called the all-funds portion, will increase considerably, but administration sources said that is because of a big flow of funds from Washington to help pay for Hurricane Sandy reconstruction costs and new federal funding for President Obama’s health insurance program that will, in New York, be administered by the state. When those two major funding sources are taken out, the all-funds budget should be held to about 2 percent, officials said this morning. Officials declined to provide an all-funds spending number.

The budget will also include a tax break to encourage rehabilitation of historic buildings, seen as especially helping downtown areas such as in Buffalo. The governor last month vetoed an historic tax credit bill, saying the issue should be dealt with in the budget. The new plan, the details of which were not revealed, are expected to be less ambitious – less costly – than the Legislature’s bill from last year.

Western New York economic development officials are also awaiting details for how Cuomo will continue to fulfill his vow to set aside $1 billion in special state funding to help with job creation efforts in the Buffalo area.

Related: Expect creativity in Cuomo's 2013 budget 

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Andrew Cuomo
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About Politics Now

Robert J. McCarthy

Robert J. McCarthy

A native of Schenectady, Robert J. McCarthy came to The Buffalo News in 1982 following a six-year stint at the Olean Times Herald. He is a graduate of St. Bonaventure University, and has been covering local, state and national politics since 1992.

rmccarthy@buffnews.com


Tom Precious

Tom Precious

Tom Precious joined The Buffalo News in 1997 as bureau chief at the state Capitol, where he covers everything from statewide politics and state government fiscal affairs to health care, environmental and municipal government matters. Prior to The News, he worked for news outlets in Albany and Washington, DC.

tprecious@buffnews.com


Jill Terreri

Jill Terreri

Jill Terreri is an Amherst native and has covered politics and government in upstate New York since 2003. She joined The Buffalo News in 2012 and covers City Hall.

@jillterreri | jterreri@buffnews.com


Jerry Zremski

Jerry Zremski

Jerry Zremski, The Buffalo News Washington bureau chief, has reported from the nation's capital since 1989 after joining The News as a business reporter in 1984. A graduate of Syracuse University, Zremski is a former Nieman fellow in journalism at Harvard University. In 2007, he served as president of the National Press Club.

@JerryZremski | jzremski@buffnews.com

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