QUICK LINKS:

Moody's gives positive review to NY state budget

Created: 04/04/2014 8:24 PM WHEC.com

An influential rating agency is giving a positive review to the state budget approved by New York leaders.

Moody's Investors Service says Friday the nearly $140 billion budget signed Tuesday by Gov. Andrew Cuomo is a "credit positive."

Moody's analysis singles out investments in education and praises state leaders for reaching a deal before the end of the fiscal year.

The $138 billion spending plan expands pre-kindergarten education and provides tax relief to homeowners and corporations.

It comes with an additional $5 billion in one-time federal aid for Superstorm Sandy rebuilding and the rollout of the Affordable Care Act for uninsured New Yorkers.





News10NBC/WHEC-TV welcomes your opinion and interaction on our website, but please remember to keep it clean. If you're advertising for another business, being profane, vulgar or slanderous your post will be deleted. By commenting on this website, you agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use. Comments are not pre-screened before they posted.

Winter Weather Advisory

NY AREAS AFFECTED: Genesee; Niagara; Northern Erie; Orleans
Expires: 3/4/2015 1:00 AM

Winter Weather Advisory

NY AREAS AFFECTED: Livingston; Monroe; Northern Cayuga; Ontario; Wayne
Expires: 3/4/2015 1:00 AM

Winter Weather Advisory

NY AREAS AFFECTED: Allegany; Cattaraugus; Chautauqua; Southern Erie; Wyoming
Expires: 3/4/2015 1:00 AM

Winter Weather Advisory

NY AREAS AFFECTED: Chenango; Cortland; Delaware; Madison; Northern Oneida; Onondaga; Otsego; Seneca; Southern Cayuga; Southern Oneida
Expires: 3/4/2015 7:00 AM

Winter Weather Advisory

NY AREAS AFFECTED: Chemung; Schuyler; Steuben; Tioga; Tompkins; Yates
Expires: 3/4/2015 7:00 AM

Rochester

Overcast
15°
30° | 5°
  • Feels like: 8° F
  • Wind: SSW 5mph
  • Humidity: 74%
  • Wed Morning snow showers
    36° | 18°
  • Thu Mostly cloudy
    18° | 7°
  • Fri Mix of sun and clouds
    24° | 1°
  • Sat Times of sun and clouds
    36° | 7°