Construction Industry Council Supports Proposal for Thruway Authority Budget Stabilization

Share Article

Proposal by Gov. Andrew M. Cuomo to Invest $1.285 Billion for Thruway Authority Budget Stabilization

Our industry will work with Gov. Cuomo and state legislators to ensure that a final budget will enhance funding for these needed improvements...

The Construction Industry Council President Ross Pepe has issued the following statement:

“The transportation construction industry of the Hudson Valley commends Gov. Andrew Cuomo for his plan to help the revenue-strapped New York State Thruway Authority with his proposal that earmarks $1.285 billion of bank settlement ‘windfall’ toward stabilizing the Authority’s budget and to pay for the construction costs to replace the Tappan Zee Bridge. However, the industry is concerned that the state’s transportation infrastructure still remains in dire need of major revenue allocations, despite this one-shot infusion to only one government entity. In truth, much more aid is needed if we ever hope to bring road, bridge and mass transit conditions up to recognized standards. Over the next two months our industry will work with Gov. Cuomo and state legislators to ensure that a final budget will enhance funding for these needed improvements to ensure the safety of both mass transit ridership and the motoring public.”

From the New York State Executive Budget, January 21, 2015. To see budget highlights; https://www.budget.ny.gov/pubs/executive/eBudget1516/agencyPresentations/appropData/SpecialInfrastructureAccount.html

About the author: Mr. Pepe is president of both the Construction Industry Council of Westchester & Hudson Valley, Inc., and the Building Contractors Association of Westchester & Mid-Hudson, Inc. Combined, the CIC and BCA represent more than 600 local firms, totaling more than 30,000 employees. These trade associations are involved in virtually every aspect of public works, commercial and private construction in the region.

Share article on socal media or email:

View article via:

Pdf Print

Contact Author

Lisa Santacruz