Comptroller charges effort to fast-track $11.4B in projects; governor's aide says Dems stalling reviews
November 22, 2006
ALBANY - Outgoing Gov. George Pataki has tried, with little review, to fast-track billions of dollars in financing for development projects in the final weeks of his administration, state Comptroller Alan Hevesi charged yesterday.
Hevesi said the price tag of projects that went before a state board that approves the proposals totaled $11.4 billion in October and November, outpacing the half-billion average the Public Authorities Control Board typically considers. He also said financing plans for projects are inadequate.
"New York State is already suffering under huge amounts of debt, and now ... there is a rush to push through billions of dollars of projects that will load the state with billions more in debt," Hevesi, a Democrat, said in a statement.
Pataki spokesman Michael Marr dismissed the comptroller's qualms and said objections by Hevesi and Assembly Speaker Sheldon Silver (D-Manhattan) had created a backlog in the waning days of the Republican administration. Some Republicans have viewed this as an effort to postpone review of projects until Gov.-elect Eliot Spitzer takes office in January.
http://www.newsday.com/news/local/state/ny-stheve224986348nov22,0,7695388.story?coll=ny-statenews-headlinesNothing like a last minute Repugs money grab orgy to make your contractor buddies' day.