Skip to comments.State creates one-stop funding shop
Posted on 07/20/2011 3:10:13 PM PDT by Oratam
Gov. Andrew Cuomo is streamlining the application process for state economic development funds and released a blueprint for regional councils that will compete for cash and tax breaks.
Gov. Andrew Cuomo on Wednesday announced that he has redesigned the process for the state to distribute $1 billion in economic development money, enabling applicants to fill out just one form when seeking to tap funds from nine separate state agencies.
The procedural streamlining is part of the governor's effort to get more bang for the state's economic development dollars by having regions compete for funding. The governor also released a blueprint for his regional economic councils, which will represent each of the state's 10 economic development regions.
Mr. Cuomo described the new Consolidated Funding Application a one-stop shop for organizations seeking economic development money.
We are redesigning and streamlining the way economic development projects in New York receive state aid to ensure that the best projects with the most potential for regional economic growth receive the support they need," Mr. Cuomo said.
(Excerpt) Read more at crainsnewyork.com ...
And you thought New York was broke.
If you suggested discontinuing the program and replacing it with a $1 billion tax cut on business (you know, rising tide, all boats lifted), the shrieks of outrage would be heard on the Moon. Gee, do you suppose politicians somehow, you know, get a say about who gets the money?
Because we all know that more money and power should go to local government, where all of the conservative constituents are. [Little irony and sarcasm there.]
Shut ‘em all down. Starve the beast.
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