NEW YORK—Gov. Andrew Cuomo created 10 regional economic councils in July and charged them with formulating a five-year economic plan specific to their region in the state. The councils held hundreds of public meetings and forums, brought together state agency officials and business leaders, and planned the economic future of the state.
Cuomo released the results of this planning process on Thursday, along with the amount of money granted to each region totaling $785 million.
A Strategic Plan Review Committee analyzed and ranked the plans. It decided that the best plans came from regional councils in Long Island, Western New York, Central New York, and North Country—each receiving approximately $100 million.
The other regions received from $49 million to $68 million. New York City received $66.2 million.
The funding came from 29 existing programs in nine state agencies through a streamlined application process, as well as a $200 million state grant specifically earmarked for the regional economic council plans.
Cuomo Awards Best Long-Term Economic Plans
Gov. Andrew Cuomo created 10 regional economic councils in July and charged them with formulating a five-year economic plan specific to their region in the state. On Thursday, $785 million was given out to regions based on the regional economic council planning process.
12/9/2011
Updated: 4/12/2012