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1, 2, 3, 4: New York has a budget number war

Posted By Joseph Spector On February 13, 2013 @ 3:48 pm In Other | Comments Disabled

The Cuomo administration isn’t buying Comptroller Thomas DiNapoli review of the 2013-14 budget proposal.

[1]Robert Megna, Cuomo’s budget director, took issue with a number of DiNapoli’s assumptions in his budget report today. [2]

Megna said the state’s borrowing is not increasing, and its use of public authorities to borrow for capital projects is nothing new.

“His staff did him a disservice on some of the comments that were made in this report, which we think misrepresents or just totally gets wrong some of the things that are in the budget,” Megna told reporters on a conference call.

Megna said the budget closes a $1.3 billion budget gap without fiscal gimmicks. He also dismissed DiNapoli’s assessment that the budget has overly optimistic revenue estimates for the 2013-14 fiscal year, which starts April 1. He also said that some of the increase in spending is due to federal aid for Superstorm Sandy recovery costs.

“I hesitate to use the use the word ‘misrepresentation’ but it must be a classic misunderstanding of the fact that the budget provides for one-time federal money for Sandy relief that will pay for one-time actions associated with Sandy,” Megna said.

DiNapoli aide Robert Ward defended the report.

“There is nothing we heard that makes us question the accuracy of anything in our report or the completeness of it,” Ward said.


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[1] Image: http://statepolitics.lohudblogs.com/files/2013/02/megna.jpg

[2] in his budget report today.: http://polhudson.lohudblogs.com/2013/02/13/comptroller-sees-risks-new-borrowing-in-proposed-state-budget/