AMHERST, N.Y. (WIVB) – Governor Andrew Cuomo was in Amherst on Thursday to talk about the “Buffalo Billion” during the ceremonial signing of the new state budget.
The governor says taxpayers and businesses will find relief in this year’s budget, which he says long overdue for upstate interests. And he also offered reassurances about the “Buffalo Billion,” which is essential for this area’s economic revitalization.
“If something happens to me, I drop dead of a heart attack, the money is in the budget. You don’t have to worry. I’m sure you’ll miss me, but it’s in the budget,” Cuomo said.
The governor is calling this a “Grandslam Budget,” which is New York’s fourth on-time budget under his leadership, and this one provides property tax relief for homeowners and businesses. The state’s future, he says, was at stake.
“If you raise taxes too high, people will eventually leave, and they were leaving,” Cuomo said.
Taxpayers will only receive rebate checks only if their local governments stay within the tax cap limit.
“If the local governments fail to do it, then the homeowners in those areas wouldn’t get a credit, and that’s the best reason why they’re actually going to do it,” Cuomo explained.
The governor is also touting the 43North initiative, which offers start-up companies from around the nation and the world a chance to compete for free space for a year if they locate in Buffalo.
Howard Zemsky of the Larkin Development Group said, “There are some days we’re literally in a day, getting hundreds of applications, so it’s obvious we’re going to have many thousands of applications and business plans.”
Cuomo left the press conference without speaking to reporters, who had questions about the resignation of the State Health Commissioner and the future of the Buffalo Bills. His staff said he was running behind schedule.