posted on March 31, 2014 13:20
Lawmakers are voting this afternoon on the state budget deal reached over the weekend in Albany and it could mean big things for Genesee County.
The $140 billion plan includes money for universal pre-K and $1.5 billion in property tax relief over the next three years.
The budget bill also makes major education investments and reforms. As for Common Core, the budget is expected to prohibit scores from going on a student’s transcript temporarily.
Lawmakers are expected to approve the budget today with the fiscal year beginning Tuesday.
The budget is also expected to have a big impact locally.
Legislators say the final financial plan will include $33 million for the Science and Technology Advanced Manufacturing Park.
The money for the STAMP project based in the Town of Alabama will help the GCEDC complete land acquisition to make it a “shovel-ready” site.
Senator Michael Ranzenhofer says this is a huge win.
“It will really give the economic development officials the back bone to go out and really start recruiting projects,” he told WBTA.
Economic officials and county leaders say the 1,300 square foot high-tech business park could be “transformative” for the region.
GCEDC CEO Steve Hyde in a statement gave credit to the support of regional economic leaders and Gov. Andrew Cuomo.