The New York State Big Giveaway

Dear Nieces and Nephews,

In Friday’s Times Herald-Record, the big two-page article by Mr. McKenna informs us of how the State of New York doled out millions of dollars to various projects in the Mid-Hudson region.

What your Auntie finds very interesting is exactly what or who was on the receiving end of this largess.

Orange County received $8.9 million, Ulster County, $9.3 million and Sullivan County received $1.9 million.

When you look at the three counties discussed in the article, you will find that Sullivan County has designated their $1.9 M to ‘Municipal and Public Good’ projects.  Ulster County has assigned to projects that are mostly ‘Municipal and Public Good’ in nature (no pun intended) such as trail head development on rail trails, shoreline restoration and water district improvements) along with ‘business’ projects, allocating $750K to the Star Estate Development Group for the Star Estate Distillery (hotel and organic farm) and $1M to RIPCO Inc. for development of a Film and TV production studio. Humnn…

Orange County has a mix, with the majority going to “business development”. Interesting.

$2.6 million to Star Kay White a private company that makes flavors for ice cream to help establish their facility in the new Warwick Corporate Park. (They are moving to Orange County from Rockland County)

3 million to Merlin Entertainments (Legoland) “to invest in infrastructure needs for the proposed Legoland New York amusement park in Goshen.” They have already received $4 Million.

$750K to Tuxedo Hudson Management LLC (The LLC’s giveth and taketh away)

$510.9 K to itself for the Composting Facility in Goshen.

It really is like a TV game show, isn’t it? And while we are floored that the Legoland project (funding for a multi-billion-dollar corporation) is getting so much, take a look at this one:

$51,034 to OC “to develop a county-wide natural resource inventory, conduct a vulnerability assessment and develop climate-adaptation strategies”.

 

    

Vulnerability? To what, Stevie? Bulldozers?    

   

Put that in your portfolio.