2001 Yellow Book
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DEPARTMENT OF ECONOMIC DEVELOPMENT

                                      Adjusted         Executive                       
                                 Appropriation           Request                       Percent 
                                       2000-01           2001-02            Change      Change 
AGENCY SUMMARY
  Community Projects Fund            7,302,850                 0        (7,302,850)   -100.00%
  General Fund                      52,766,500        50,704,000        (2,062,500)     -3.91%
  Special Rev.-Fed.                  1,000,000         1,000,000                 0       0.00%
  Special Rev.-Other                 4,720,900         4,409,900          (311,000)     -6.59%
  Total for AGENCY SUMMARY:         65,790,250        56,113,900        (9,676,350)    -14.71%

STATE OPERATIONS
  General Fund                      35,515,900        38,730,000         3,214,100       9.05%
  Special Rev.-Fed.                  1,000,000         1,000,000                 0       0.00%
  Special Rev.-Other                 4,720,900         4,409,900          (311,000)     -6.59%
  Total for STATE OPERATIONS:       41,236,800        44,139,900         2,903,100       7.04%

Administration
  General Fund                       3,211,000         3,360,000           149,000       4.64%
  Special Rev.-Other                 1,752,080         1,739,900           (12,180)     -0.70%
  Total for Program:                 4,963,080         5,099,900           136,820       2.76%

Economic Development
  General Fund                      13,901,800         15,000,000        1,098,200       7.90%
  Special Rev.-Fed.                  1,000,000          1,000,000                0       0.00%
  Special Rev.-Other                 1,435,540          1,170,000         (265,540)    -18.50%
  Total for Program:                16,337,340         17,170,000          832,660       5.10%

Marketing and Advertising
  General Fund                      18,403,100         20,370,000        1,966,900      10.69%
  Special Rev.-Other                 1,014,280          1,000,000          (14,280)     -1.41%
  Total for Program:                19,417,380         21,370,000        1,952,620      10.06%

Clean Air
  Special Rev.-Other                   519,000            500,000         (19,000)      -3.66%
  Total for Program:                   519,000            500,000         (19,000)      -3.66%

AID TO LOCALITIES
  Community Projects Fund            7,302,850                  0      (7,302,850)    -100.00%
  General Fund                      17,250,600         11,974,000      (5,276,600)     -30.59%
  Total for AID TO LOCALITIES:      24,553,450         11,974,000     (12,579,450)     -51.23%

Economic Development
  General Fund                       9,349,000          5,797,000      (3,552,000)     -37.99%
  Total for Program:                 9,349,000          5,797,000      (3,552,000)     -37.99%

Marketing and Advertising
  General Fund                       7,901,600          6,177,000      (1,724,600)     -21.83%
  Total for Program:                 7,901,600          6,177,000      (1,724,600)     -21.83%

Community Projects
  Community Projects Fund            7,302,850                  0      (7,302,850)    -100.00%
  Total for Program:                 7,302,850                  0      (7,302,850)    -100.00%

                                                                                                                                                

                         ALL FUNDS PERSONNEL
                        BUDGETED FILL LEVELS
                                                                                                                                                
                            Current  Requested
Program                     2000-01    2001-02    Change
                                                                                                                                                
Administration                   58         58         0
Economic Development            148        148         0
Marketing and Advertising        42         62        20
Clean Air                         5          5         0

Total General Fund :            235        255        20
Total All Other Funds :          18         18         0

TOTAL:                          253        273        20
                                                                                                                                                 

                          BUDGET HIGHLIGHTS
                   (Executive Budget: pp. 197-203)

The mission of the Department of Economic Development (DED) is to develop
economic development strategies for businesses.  The Department, in 
conjunction with the Urban Development Corporation, administers State 
economic development programs.

The Department is included in the Transportation, Economic Development
and Environmental Conservation appropriation bill.

State Operations

The Executive recommends a General Fund appropriation of $38,730,000, 
reflecting a net increase of $3,214,100 from the previous fiscal year. 

The net increase results from:

--     a $149,000 increase in the Administration Program due to inflation
       and negotiated salary increases;

--     a $1,098,200 increase in the Economic Development Program, including
       a $500,000 increase in the International Trade Promotion program;

--     and a $1,966,900 increase in the Marketing and Advertising Program
       to support the cost of 20 new positions responsible for 
       reapportionment analysis and review.

The Executive maintains funding for the following programs at the 
prior year level:

---- Tourism Matching Grants  $ 5,777,000
--   I Love New York Tourism Marketing $11,015,000
--   Business Marketing       $ 4,500,000

Special Revenue-Other appropriations are recommended at $4,409,000, 
reflecting a net decrease of $250,000 for the Port Authority Capital
Development Account. 

The Executive requests a reappropriation of $6,208,000 in State 
Operations Funding.

Aid to Localities

The Executive recommends a General Fund appropriation of $11,974,000,
reflecting a decrease of $12,579,450 from the previous fiscal year.


The Executive provides $1,700,000 for the Empire State Technology 
Employment Program to encourage college graduates to make their careers
in New York.  Employers in targeted industries would have the ability
to offer prospective employees cash incentives up to $3,400 annually 
for up to four years.  

The Executive budget includes a $240,000 increase in the Economic 
Development Zone program for the administration of six new zones
scheduled to be announced in March, 2001.

The Executive budget eliminates funding for the following projects:

--   New York State Technology Enterprise Corporation(NYSTEC)   $1,000,000
--   Griffiss Local Development Corporation(GLDC)               $  300,000
--   The Entrepreneurial Assistance Program                     $  150,000
--   Griffiss Local Development Corporation(GLDC)               $  150,000
--   Cold Spring Harbor BID                                     $   50,000
--   Huntington Township Chamber of Commerce                    $   50,000
--   Merrick Chamber of Commerce                                $   50,000
--   Mohawk Valley EDGE                                         $  200,000
--   Orange County Chamber of Commerce                          $   32,000
--   Rochester Chamber of Commerce                              $  300,000
--   Town of Hempstead                                          $   60,000
--   Ulster County Development Corporation                      $  100,000
--   Village of Mineola Revitalization                          $  500,000
--   West Brighton Local Development Corporation                $  100,000
--   Western New York Regional Education Center                 $  100,000
--   Western Erie Canal Heritage Corridor                       $   50,000
--   Western New York Bi-National Tourism                       $  250,000
--   Western New York Regional Business Marketing               $  500,000
--   Niagara Falls-A Festival of Lights                         $  100,000
--   Central New York Business Marketing                        $  600,000
--   Thousand Islands Regional Tourism Development              $  100,000
--   Winona Forest Tourism Development                          $  125,000

The Executive recommends a $7,302,850 decrease in various community 
projects fund, grants and local initiatives.

Funding for the following programs are maintained at the prior year level:  

--   New York City Water Shed Program                          $  600,000
--   Adirondack North Country Association                      $  177,000
--   Gateway Information Center at Binghamton                  $  200,000
--   Gateway Information Center at Beekmantown                 $  200,000

The Executive requests a reappropriation of $21,164,000 in Aid 
to Localities funding.  

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