New York’s new budget — the actual state-government expenditure plan, that is, as opposed to numerous side issues packaged with it — apparently came in close to Gov. Andrew Cuomo’s bottom line.
Faced with a new Democratic majority in the state Senate, heavily populated by newcomers with a yen to spend, plus a Democratic super-majority in the Assembly that would prefer to tax and spend even more, Cuomo apparently didn’t budge by much.
The $102 billion state operating funds budget for fiscal year 2020 falls within the governor’s 2 percent growth cap, allowing for the usual creative accounting.
At the same time, among the assorted extras, the governor rammed through a budget-bill provision erasing the potential 2020 expiration date from his 2 percent cap in local property taxes, first enacted in 2011. Making the tax cap permanent — or harder to tamper with, at least — was a significant achievement for which the governor deserves all the credit he will claim.
E.J. McMahon is research director at the Empire Center for Public Policy and an adjunct fellow at the Manhattan Institute.
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