Wanna know what crops local farmers are producing? There’s an app for that or at least there will be one soon. Senator Chuck Schumer announced federal funding for Greene County food distributor, Field Goods to integrate technology into their business model.
Donna Williams’ company Field Goods connects many of the Capital Regions and Hudson Valley farms with a larger diverse consumer base, but it can be tricky.
New York State has received a multi-billion dollar windfall from bank settlements this year, but a new report from the State Comptroller shows the settlement took a bite out of Wall Street profits in 2014, which could have repercussions for the state budget in the future.
State Comptroller Tom DiNapoli reports Wall Street profits are down by 13% so far in 2014, compared to the previous year, 2013, when profits had already shrunk by 30%.
“Certainly we’re seeing profits, but down from what we saw last year,” DiNapoli said.
Governor Cuomo’s administration and the legislature are spending around $1.3 million dollars this year in payments to private law firms, and the public is paying for it, says a fiscally conservative study center.
The Empire Center analyzed reports filed on line by the legislature, and found that the state Assembly paid over $650,000 to outside attorneys, while the State Senate gave a private law firm over $400,000 between October of 2013 and March of 2014.
For the first time in several years, New York has a surplus of three to four billion dollars. Governor Cuomo says he’s still looking at options on how best to use it.
The state has recently been the beneficiary of a windfall from major lawsuit settlements with several banks and insurance companies. After years of running a debt or breaking even, New York now has over four billion additional dollars, say Governor Cuomo. Cuomo says he’s still thinking about the best use for the money.
One of the biggest challenges for small upstate cities like Schenectady or Troy can be the abundance of "zombie properties" or residences that have long since been abandoned. Four of these municipalities in the greater Capital Region are hoping the Center for Technology in Government can help them fight this urban blight and make their communities come alive again.