Special Infrastructure Account
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The Executive Budget includes $3.05 billion to create a new special infrastructure account that will guide investment across a wide range of infrastructure projects throughout New York State, from large-scale complex projects to smaller strategic investments that leverage additional resources or fill gaps in project funding. Funds may also be used to provide low-interest loans that leverage private resources and support an entrepreneurial approach to infrastructure development. Funding is also provided to address structural challenges facing health care providers, encourage local government efficiency and support disaster preparedness and response. The Budget includes specific allocations for the following programs:
- Thruway Stabilization Program ($1.285 billion).
- Broadband Initiative ($500 million).
- Hospitals ($400 million).
- Penn Station Access ($250 million).
- Municipal Restructuring ($150 million).
- Transit-Oriented Development ($150 million).
- Resiliency, Mitigation, Security, and Emergency Response ($150 million).
- Statewide Infrastructure Improvements ($115 million).
- Southern Tier and Hudson Valley Agricultural Enhancement Program ($50 million).
| Category | Available 2014-15 |
Appropriations Recommended 2015-16 |
Change From 2014-15 |
Reappropriations Recommended 2015-16 |
|---|---|---|---|---|
| Capital Projects | 0 | 3,050,000,000 | 3,050,000,000 | 0 |
| Total | 0 | 3,050,000,000 | 3,050,000,000 | 0 |
Note: Most recent estimates as of 01/21/2015