ALBANY - The New York State Senate has passed the State Budget on time for the third consecutive year, Senator Patrick M. Gallivan announced today. The spending plan adheres to a self-imposed two percent spending cap, contains significant tax relief for middle-class families and businesses, and also addresses some of the unique challenges facing Western New York.
Budget Comes Early, Controls Spending and Holds The Line On Taxes
Senator Patrick M. Gallivan hailed the 2012 state budget today as lawmakers approved the spending plan ahead of the April 1st deadline, marking the second consecutive year New York State will enact an on-time budget.
“Passing a second on-time budget in as many years is indicative of the larger progress we’ve seen lately in Albany. Just as late budgets were once a symbol of dysfunction, on-time budgets are symbolic of continued progress,” the Senator said. “Even more important than passing an on-time budget, is that we passed a fiscally responsible budget that respects New York’s taxpayers and keeps the State moving forward.”
Gallivan: “Senate Plan Cuts Taxes, Reforms Medicaid, Protects Seniors and Schools.”
The New York State Senate voted to approve its 2012-13 Senate Budget resolution, continuing its focus on state spending, job creation, and structural reform to government.
The Senate budget, at just under $132.5 billion, keeps the total state spending increase below two percent, and spends less than the Executive Budget. The budget closes a $2 billion budget deficit and builds on last year’s successes in putting the state’s fiscal house in order.
"Today’s announcement of an agreement between the Seneca Nation and the State of New York to resolve several longstanding issues regarding the Seneca Nation’s gaming operations and its associated revenue is welcome news for Western New York, its economy and its important relationship with the Seneca people. Citizens are always best served when mutually-vested interests work through differences to advance common goals. I thank Governor Cuomo, the Seneca Nation and my legislative colleagues for having the perseverance to realize this day."