9:47am

Thu December 8, 2011
Politics

Live-stream: Regional council awards ceremony

So who's it gonna be?

With $200 million in state economic development funds on the line, that's the big question.

Four regions will walk away with $40 million each. Six regions will have to split the remaining $40 million.

We'll soon find out who wins and who loses.

The awards ceremony kicks off at 10 a.m. Watch it unfold live and follow @MarieCusick and @kdewitt7 for the latest play-by-play from the Albany Egg.

Update (11:33 a.m.)

The awards ceremony just wrapped up. Here's how it panned out.

The "Best Plan" winners are:

  1. Western New York - $100.3 million
  2. Central New York - $103.7 million
  3. North Country - $103.2 million
  4. Long Island - $101.6 million

And the runners up:

  1. Mohawk Valley -  $60.2 million
  2. Capital Region - $62.7 million
  3. Mid-Hudson - $67 million
  4. Southern Tier - $49.4 million
  5. Finger Lakes - $68.8 million
  6. New York City - $66.2 million

So, the "Best Plan" winners are taking home a total of $408.8 million.

The runners up are getting a total of $374.3 million.

That adds up to a grand total of $783.1 million.

It's unclear where that money is coming from. Presumably, the totals account for incentives pulled from the much larger, $800 million pot of existing incentives that were also involved in the regional council framework.

We'll have more on this story later today.