How the proposed state budget impacts the Southern Tier

By Jillian Marshall

January 22, 2014 Updated Jan 22, 2014 at 8:23 PM EDT

Owego, NY (WBNG Binghamton) A state leader delivered the regional budget address and what it means for the Southern Tier.

Commissioner of the Department of Motor Vehicles Barbara Fiala met with people at the Tioga County Office building to present the proposed state budget Wednesday.

The $137 million proposal focuses on education, jobs and taxes.

Gov. Andrew Cuomo (D) targets more than $5 billion in tax relief for homeowners, renters, plus a lower corporate tax rate and tax credit for manufacturers.

"His philosophy is very pro-business and wanting to cut their taxes so people will come to New York and New York is open for business," Fiala said.

Included in the budget is a $10 million capitol project, which will help bring Binghamton University's new Pharmacy school to Johnson City.

The proposed spending plan projects a surplus of $300,000.

"We came from a deficit. Deficit hurts people and by reducing spending, this Governor is helping the people of the Southern Tier and New York. Talking about tourism, talking about the bridges," Fiala said.

The spending plan will now be debated by the state legislature.

The legislature and Gov. must come to an agreement on a 2014-2015 budget by April 1.

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