Thursday, April 24, 2014

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$59.8 million headed to Rochester and Finger Lakes Region

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Rochester: $59.8 million headed to Rochester and Finger Lakes Region
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NEW YORK STATE -- $59.8 million is headed to Rochester and the Finger Lakes Region.

Governor Andrew Cuomo and other state leaders announced the annual economic development awards in Albany on Wednesday.

The awards are given out to areas across the state, with the state broken up into ten different regions.

Councils from each region compete to win the biggest share of the money.

More than $750 million in state funding and tax incentives was on the table. The council awarded the Buffalo region $60.8 million

The Governor said the money will help an already improving economy throughout the state.

"The Finger Lakes Regional Council was recognized last year for having one of the best plans in the state,” said Economic Development Award Emcee Maria Bartiromo. “The council is keeping the momentum moving forward with exciting priorities this year, which include redeveloping a major waterfront in the heart of the Finger Lakes and expanding the vibrant Rochester Public Market."

The Governor also took some time to call for property tax reform. He said New York State has some of the highest property taxes in the country. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP