thinks that the State of NY can pick and chose one Palm Sunday over another to close Nassau OTB
Roman Catholic believers and Greek Orthodox believers do not observe the same holiday on the same day.
Is it any wonder that NY State is bankrupt when it can't be bothered to read NY Const. Art. 1, Sec. 3 and NY PML Sec 109
Bettors must bet and the faithful must pray whenever they wish.
DiNapoli warns about state’s fiscal challenges
The state budget may have been completed on time, but the state still faces serious fiscal challenges, Comptroller Thomas DiNapoli said in a report today.
The
$136 billion budget, adopted March 28, relies on more than $4 billion
in temporary and non-recurring revenue and $5.1 billion in federal
assistance for Superstorm Sandy recovery expenses, DiNapoli said.The largest budget gimmick is the transfer of at least $1.75 billion from reserves held by the State Insurance Fund to cover operating expenses through the 2016-17 fiscal year. The 2013-14 fiscal year started April 1, and the state budget was passed on-time for the third year in a row—a first since 1984.
“The governor and the Legislature deserve credit for once again adopting budget bills ahead of the April 1st deadline,” DiNapoli said in a statement. “Nevertheless, New York continues to struggle to meet serious fiscal challenges. The recently passed state budget restrains spending growth, but it also contains temporary resources and revenue assumptions that may fall short.”
DiNapoli said the budget adds $385 million in new public authority debt for state and local facilities, and $750 million in public authority debt related to transportation needs. Also, the budget allows for increased borrowing by public authorities, which do not need public approval to increase their debt load.
DiNapoli warned that the budget relies on risky estimates. For example, the spending plan estimates tax receipts to be $200 million higher than Gov. Andrew Cuomo’s budget proposal.
The budget also doesn’t address the potential fiscal impact of the federal budget sequestration, which DiNapoli said could lead the state to a decline of $290 million in federal aid.
Letter: Why close racetrack on Palm Sunday?
Photo credit: AP | In this photo provided by New
York Racing Association, Stay Thirsty, left, with Ramon Dominguez
aboard, captures The G1 Cigar Mile horse race at Aqueduct in New York.
(Nov. 24, 2012)
To see what's wrong up in Albany, one only
needs to look at the fact that the Aqueduct Racetrack was closed on
Palm Sunday. On an average Sunday, The Big A has a total handle of
between $6 million and $7 million, of which New York
State takes a percentage.Racing also injects money into the industry, paying jockeys, trainers, grooms, etc. Hundreds of employees -- pari-mutuel clerks and racing officials -- help put on the show, which the state gets a piece of in income taxes.
All of this, worth thousands upon thousands of dollars, was lost because on an antiquated law. Not being allowed to race on Christmas or Easter is OK, but Palm Sunday? The New York Racing Authority races on Thanksgiving, and that's a holiday that the vast majority of us celebrate.
Changing this law would be a slam-dunk revenue creator.
Gerard Bringmann, Patchogue
Editor's note: The writer is both a racing fan and a practicing Catholic.
all Nassau OTB employees should have the choice to work and/or bet on any Sunday that they wish.
They too may meet the dearly departed of NYC OTB someday.
OPEN ON 1ST PALM SUNDAY, OTB RAKES IN $2M - NY Daily News
www.nydailynews.com/.../open-1st-palm-sunday-otb-rakes-2m-articl...
OPEN ON 1ST PALM SUNDAY, OTB RAKES
IN $2M. By Jerry Bossert / NEW YORK DAILY NEWS. Monday, April
14, 2003, 12:00 AM. Print · Print; Comment ...OTB FACES HAND SLAP OVER PALM - NY Daily News
www.nydailynews.com/.../otb-faces-hand-slap-palm-article-1.667233
Apr 16, 2003 – By Jerry Bossert
/ NEW YORK DAILY NEWS ... Aqueduct was also closed on Palm
Sunday, but OTB thrived on action from around the
country.
No comments:
Post a Comment