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The Budget Top 10

Alas, after 21 years of keeping us in good spirits and good company with his “Late Show” humor, David Letterman announced his retirement this past week.  In his honor, I’ll share highlights from our state’s new budget in Letterman style with a “Top 10” countdown entitled: Top 10 — I mean 12 — reasons to like the new, New York State budget

 

12. This year’s budget is the fourth, consecutive, on-time budget we’ve delivered. That hasn’t happened in nearly four decades. For a little historical perspective, that’s further back than the Knicks’ last championship. (Sorry. I couldn’t help it.)

 

11. Moody’s Investors Service wasn’t so moody after all. They rated the new budget a “credit positive.”

 

10. Knowing full well that our local hospitals are about to get pummeled by the federal government’s health care policies, we dedicated $1 billion to help them maintain their infrastructures.

 

9. We took over county Medicaid payments, saving Nassau County taxpayers $80.6 million over the next four years.

 

8. A record $162 million for the State’s Environmental Protection Fund will help ensure clean air and water and protect our open spaces.

 

7. We added new “Extreme Winter Weather Assistance” funding to fill those extreme potholes Mother Nature left us this past winter. Overall, Nassau County and her towns, cities, and villages will receive over $20.6 million through this funding and the Consolidated Highway Improvement Program to repair our local roads.

 

6. Our Elderly Pharmaceutical Insurance Coverage (EPIC) will cover the prescription drugs of more seniors. Income eligibility is expanded from $35,000 to $75,000 for singles and from $50,000 to $100,000 for married seniors. “Epic” is a pretty accurate description.

 

5. Taxpayers won’t be forced to pay college tuition for inmates. Governor Cuomo’s “Attica University” plan will receive funding from interested nonprofits and foundations instead.

 

4. We enacted a $1.5 billion real property tax rebate to provide homeowners with direct property tax relief.

 

3. We established a record setting $3.4 billion in funding for the STAR property tax relief program.

 

2. We provided more school aid — a 5.3 percent increase over last year.  That means a total of $2.6 billion in assistance to our Long Island children! And for those of us fighting the Common Core, we extracted some reforms before the budget could go forward, namely no standardized tests for students in Pre-K through grade two, state assessment test scores for grades three through eight not being recorded on a student’s permanent record through 2018 and a halt to the state’s relationship with inBloom.

 

 1. For four years running, we kept spending increases to less than two percent and delivered a fiscally responsible budget with absolutely no new taxes or fees. 

 

No one got everything they wanted and there’s unquestionably more work to be done.  The good news is that balanced government produced tangible results for, our constituents.

 

One of my favorite Letterman bits was his infamous Will it Float? in which random objects were dropped by two models into a tank of water in pursuit of scientific enlightenment.  With all of the great things included, there is no question that this budget “floats.”