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News stories tagged with "budget"

NY Lawmakers Override School Budget Extension Veto

Fighting words from the governor: he called the legislature's version of the state budget "irresponsible" and vowed to fight back with vetoes and political pressure. Also yesterday, the Republican-dominated state Senate voted unanimously to override Pataki's veto of a bill delaying school budget votes. The Assembly overrode the bill Monday. It's only the second time in Pataki's eight years as governor that the legislature voted to override. Karen DeWitt reports from Albany.  Go to full article

A Behind the Scenes Look at the Budget Battle

The annual budget battle took a turn for the worse yesterday in Albany. Martha Foley talks with Albany correspondent Karen DeWitt about the deepening split between the governor and the legislature, and the consequences.  Go to full article

Budget Impasse Slows Legislative Work

The New York State Legislature is holding off on passing budget bills as they try to bring Governor Pataki back into budget talks. Karen DeWitt reports.  Go to full article

Assembly Has Votes to Override Pataki Veto

The Democrat-dominated Assembly Monday got the two-thirds votes necessary to override Pataki's veto of a bill that would delay school budget votes around the state from May 20th to June 3rd. The vote was 111-38, 11 votes more than what chamber needed to override. River District Assemblyman Darrel Aubertine, the first North Country Democrat in the Assembly in 30 years, voted with the majority.  Go to full article

Albany Report: School Budgets Hang in the Balance

After a week of brinkmanship over the state budget, Governor Pataki and the legislative leaders pulled back a bit and began negotiating again to try to find an arrangement that they can all agree to. Karen DeWitt reports from Albany.  Go to full article

Schools Still Worried About State Budget

School districts in New York State are still worried about how much money they'll get from the state budget, even though legislative leaders have promised a restoration of funding cuts by Governor Pataki. Karen DeWitt reports.  Go to full article
Ms. Gaffney's 10th grade biology class
Ms. Gaffney's 10th grade biology class

State Help Too Late For Schools?

New York's legislature has promised to restore some of Governor Pataki's proposed $1.25 billion cuts to school aid next week. That is theoretically in time for school districts to add the extra money to their budgets before they have to be finalized for a vote in May. But many school administrators are playing it safe and moving ahead with school closures, teacher lay-offs, and program cuts. The situation highlights the quandary schools have faced for the past 19 years that New York state budgets have been late. David Sommerstein reports.  Go to full article

Pataki Won't Accept a Piecemeal Budget

Governor Pataki says he's sticking to his anti-tax stance, forcing a likely showdown with the state legislature over restoring money to New York's schools. Karen DeWitt reports.  Go to full article

Legislature Aims to Pass School Aid Package Monday

The leader of the New York State Senate assured schools across New
York that they will be receiving an increase in state aid from the
legislature next week, whether Governor Pataki agrees with the plan
or not. Karen DeWitt reports.  Go to full article

Pension Fund Fall-Out: Higher Local Budgets, Higher Property Taxes

The bearish stock market is crippling New York's big employee pension funds, which lost more than ten percent of their value in the last year. In the North Country, local governments and school districts rely on those funds to finance their retirement plans. To shore up the pension program, local leaders will have to pay tens of millions of dollars - money that will come from higher property taxes.
As Brian Mann reports, lawmakers in Albany hope to soften the blow, but critics say the state retirement system could be weakened.  Go to full article

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