New York Gov. Andrew M. Cuomo today unveiled a $132.5-billion budget plan that includes $1.3 billion in state investment aimed at spurring $25 billion in investments from other sources to launch or accelerate major infrastructure projects and create jobs.
The governor's budget for fiscal year beginning April 1, 2012 would continue to support programs including the Environmental Protection Fund, which would be maintained at $134 million. The budget plan includes $102 million in new funding for the Department of Environmental Conservation to advance flood control, coastal erosion and critical dam safety projects, as well as $94 million for capital rehabilitation and improvements to 48 state parks, historic sites, and the ski facilities operated by the Olympic Regional Development Authority.