Albany – Assemblymember Cahill announced that the Assembly passed a budget bill that includes $231 million for capital projects backed by state dollars. The measure provides funding for road and infrastructure projects statewide. These expenditures will inject a much needed boost to the economy while making roads and bridges safer.
“Numerous construction projects throughout New York have continued without reimbursements from the state. Many of them were approved a long time ago,” said Assemblymember Cahill. “During these tough economic times, the state must honor its commitment to fund these important projects that boost our economy and improve the safety of our roads.”
The legislation also funds two programs at the 2009-10 budget level: the Consolidated Local Street and Highway Improvement Program (CHIPS), which assists municipalities in financing construction, reconstruction or improvement of local highways and bridges. Additionally, the Municipal Streets and Highway Program which provides municipalities with state funds to draw federal matching grants for local highway and bridge projects was funded at last years level.
“Combined with $210 million in federal funding, this legislation will begin to put New Yorkers back to work,” Assemblymember Cahill said. “New York’s roadways, railways and bridges are essential links in our economy, so the efficiency and safety of these systems must remain a major priority.”
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