Comptroller Questions Cuomo Budget Proposal

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Updated: 2/13 8:25 pm
ALBANY, N.Y. (AP) - New York state's comptroller says there are some big question marks in Gov. Andrew Cuomo's budget proposal.
   
Comptroller Thomas DiNapoli says it would increase debt, rely on one-shot revenues, and includes overly optimistic projections of tax revenues.
   
DiNapoli did credit the budget as a move toward long-term fiscal balance.
   
Cuomo's $143 billion proposal is boosted by anticipated federal disaster aid. The current budget is $134 billion.
   
DiNapoli criticized the 2013-14 spending plan for relying on $1.4 billion in temporary revenue.
   
DiNapoli also says Wednesday it increases so-called "back-door borrowing" that isn't subject to voter approval.
   
The Cuomo administration says DiNapoli's review was based on misunderstandings and misrepresentations of a balanced budget that controls spending and borrowing.
   
Senate Republicans have criticized Cuomo's plan to renew a business tax due to expire.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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