regional councils

10:06am

Thu December 12, 2013
Regional Councils

Several regions win big at Regional Economic Development Council awards

Originally published on Thu December 12, 2013 8:30 am

Each region was given a portion of $715 million in state money for economic development.
acchamber.org

There were several big winners amongst the state’s Regional Empire Development Council, as five walked away with more than $80 million each, during the third annual set of awards announced Wednesday.     

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1:10pm

Wed December 11, 2013
REDC

Regional Economic Development Council awards for 2013

acchamber.org

Economic development awards totaling nearly $716 million were announced at an event in Albany Wednesday. The figure is down slightly from $738 million awarded in 2012. It's the third year for the allocation of regional economic development funding under the Cuomo administration. 

The awards format, with it's 'we're all winners' mantra was predictably upbeat and slick. The event kicked off with a light-hearted, and uncharacteristically moderate, video appearance by comedian Lewis Black.

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9:53am

Wed December 11, 2013
Regional Councils

N.Y. incentives and subsidies still lack evaluation and oversight

http://regionalcouncils.ny.gov/

New York state spends about $7 billion on tax incentives and business subsidies each year. Regional Economic Development Councils, or REDCs, were put in place in 2011 to help coordinate this spending at a regional level.

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8:49am

Tue April 16, 2013
Politics

North Country REDC gets crash course on Fort Drum's impact

License Some rights reserved by Dougtone Creative Commons License

Joanna Richards reports from Fort Drum on the most recent meeting of the North Country Regional Economic Development Council.

The North Country Regional Economic Development Council or REDC, held its most recent meeting at Fort Drum last week. The idea was to give members from the region's seven counties greater insight into how the Army post interacts with the local economy. The council also took steps to implement a new program for water and sewer project infrastructure.  

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3:00pm

Fri February 22, 2013
Politics

Cuomo reacts to IDA backlash on sales tax budget proposal

Gov. Andrew Cuomo
Ashley Hassett WBFO file photo

During his visit to western New York on Thursday, Gov. Andrew Cuomo reacted to the backlash by Industrial Development Agencies (IDAs) against his executive budget proposal that would remove their powers to grant state sales tax exemptions.

In recent weeks IDAs across New York state have been pleading with the governor to rethink the proposed change. They argue it will strip them of their ability to manage local economic development projects.

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