Money

Small business, economic development, housing, manufacturing, and employment stories from across upstate New York.

With some successes but little political momentum, organized labor and low wage workers are continuing to call for a $15 minimum wage. 

Brittany Buffman once earned minimum wage in a job at the dining halls of Syracuse University. She says union efforts to pump pay the college allowed her and her husband to buy a house and raise a family.

Sen. Charles Schumer says increasing the amount of federal funding available as grants for sewer repairs and upgrades will make the work more affordable for local governments.

Last year New York was only allowed to give out $10 million in federal money as grants to towns villages for sewer projects. The rest had to be given as loans.

Cuomo Twitter Feed

 

As the deadline to pass the state's budget approaches, Governor Cuomo defends his proposal against criticism.

In an address to the Rochester Rotary the governor laid out some of the specifics, focusing on upstate revitalization and economic development.

The New York State Senate and Assembly have also submitted their proposals over the last two days, and the governor says each proposal reflects the specific plans of each.

Central New York’s public transit system is facing a sizeable budget gap and it's proposing a major reduction in service if more funding isn’t provided.

This is not the first year Centro has spent more money running buses in its four central New York county service area than it’s taken in to do so, but according to the public transit authority’s executive director, Frank Kobliski, they’ve run out of one-time funding streams to fill the hole.

New York raises minimum wage for tipped workers

Feb 25, 2015

A state wage board has agreed to raise the minimum wage for tipped workers from $5.00 to $7.50 an hour. Gov. Andrew Cuomo announced the change at a rally with union leaders.

Cuomo, speaking to the union members, renewed his call to raise the state’s minimum wage for non-tipped workers to $10.50 an hour in the state, and $11.50 in New York City. Cuomo says businesses are making record profits .

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