According to Assemblyman Sam Hoyt, the budget will be passing within the next 24 hours, and with it comes $171.1 million in state aid for Buffalo. It’s a 10.5% raise in year-to-year aid and it means $16 million more than last year. The total aid also shows $2.7 million more in aid for the city than the Governor’s proposed budget from January. It’s expected that one budget bill will be voted on tomorrow while a second bill dealing with this matter will be voted on separately.
The Assembly also managed to secure a 10 Million Dollar “spin-up.” The spin-up will advance $10 million in state aid to the City of Buffalo during the current fiscal year. It is meant to help the city deal with the differences between the city and state fiscal year.
“As the senior member of the Buffalo delegation to the Assembly, and as a member of the conference committee that allocates aid to the City of Buffalo, I could not be happier about these historic levels of aid. The Governor and the Speaker should be commended for maintaining their commitments to the City of Buffalo,” said Hoyt.
Updated:
Hoyt announced yesterday, April 9th, that the budget allocated $17.7 million in additional capital grants to WNY region projects and $228 million to the University at Buffalo and Buffalo State College.
The breakdown of the $17.7 million in grants are:
$15 million to Buffalo Revitalization: Neighborhood Renewal
$1.7 million to the Buffalo Downtown Convention Center - Grand Hyatt Hotel
$700K to the Wilcox Mansion - Theodore Roosevelt Inaugural Site
$300K to the Olmstead Center for the Visually Impaired
Buffalo State College will receive $93.2 million in capital assistance to renovate and remodel its Math and Science Building. The capital assistance for the University at Buffalo is slated to be used for land acquisition for the Educational Opportunity Center at UB's Downtown Campus. $100 million will also go for construction of a Center for Clinical and Transitional Research for the school of Public Health and Nursing at UB.