This Week in Albany

Week ending February 8, 2019

Budget Update

Governor and Comptroller Announce Revenue Shortfall

In a joint news conference with Comptroller Tom DiNapoli, Governor Cuomo announced this week that State revenues are now projected to be $2.3 billion lower than initially expected for the upcoming fiscal year.

This shortfall could present a major problem for the FY2020 state budget that is currently being negotiated. If $2.3 billion has to be taken out of state spending, that could result in a wide variety of significant budget reductions to state agencies, local governments, schools, and healthcare.

More details will be known by the end of next week, when Governor Cuomo will release amendments to his Executive Budget proposal. Stay tuned for more information on this important development as it becomes available.

CSEA Budget Testimony

CSEA testified at the Joint Legislative Budget Hearing on Workforce Development this week.

Our testimony focused on the dire need for the State to support the development of its workforce, address problems with recruiting and retaining employees, and correct other long-standing issues caused by a years-long lack of investment in State agencies. The testimony also laid out CSEA’s concerns with parts of the budget, including the proposed cut to local government funding and proposals to increase the healthcare costs of retirees.

A copy of CSEA’s full written testimony can be found here.

 

At a Glance

The legislature will be in session for two days next week, before spending the week of February 18 in their home districts. The legislature will finish its joint budget hearings next week with hearings on local governments, economic development, and taxes.

The federal funding agreement that reopened the government after the longest shutdown in history will expire at the end of the day on February 15. At this time, it is unclear if Congress and President Trump will reach an agreement to avoid another shutdown.