Tagged: Regional Economic Development Councils

The quiet western New York farming community of Alabama sits among acres of farm and wetland. It’s also the site chosen for a new Science Technology and Manufacturing Park, known as STAMP. The high-tech park has also been the subject of some public scrutiny, as Genesee county rates highly amongst top agricultural producers in the state. The project is also an example of when the values of agricultural communities are starting to rub up against an upstate development agenda focused around high-tech manufacturing.

New York's numerous economic development bodies will still have the ability to give out state-level tax breaks in a deal struck with Gov. Andrew Cuomo in state budget negotiations.

An advisory group looking at strategies for rejuvenating New York state's "legacy cities" says collaboration and coordination with the governor's Regional Economic Development Councils are crucial for upstate cities dealing with declining populations and job opportunities.

During his visit to western New York on Thursday, Gov. Andrew Cuomo reacted to the backlash by Industrial Development Agencies (IDAs) against his executive budget proposal that would remove their powers to grant state sales tax exemptions.

In Gov. Andrew Cuomo’s proposed budget, the state’s Industrial Development Agencies, or IDAs, would no longer be able to grant state sales tax exemptions for economic development projects. Instead, that authority will go to Cuomo's Regional Economic Development Councils.

More collaboration is needed between the several efforts under way to revitalize upstate New York's "legacy cities," says a report released this week by a public affairs institute.

The Regional Economic Development Councils have been a cornerstone of Governor Andrew Cuomo's plan to revitalize the state's economy. In his budget address Tuesday, Cuomo proposed a third round of state funding for the regional councils totaling $210 million.

The walls on the 55,000 square foot expansion started going up a few weeks ago, but company owners and state and local economic development officials still gathered Thursday at Currier Plastics in Auburn to throw some dirt around with gleaming shovels.

The new Finger Lakes Museum is kicking up its fundraising efforts to raise $1.3 million in private funds necessary to receive matching state funding for it's new facility.

A central New York planning agency is moving into the public comment period as it works to create its contribution to a state-wide sustainability plan.