Stop NYS From Giving $850M Taxpayer Funds to Buffalo Bills &Reverse Cuts to Child Services
Stop NYS From Giving $850M Taxpayer Funds to Buffalo Bills &Reverse Cuts to Child Services
The Issue
New York is giving the Buffalo Bills $850 million in taxpayer funds for a new stadium, the biggest pro sports subsidy of all time.
Just four days ago, NY announced a $800 million cut to children and family services.
The Bills owner is worth $5.8 billion.
FURTHER READING
Taxpayers would be on the hook for $850 million in construction costs for a new Buffalo Bills stadium under a deal announced by New York Gov. Kathy Hochul on Monday, which would make it the largest direct public subsidy for a National Football League stadium in history.
Hochul’s office on Monday unveiled a three-way agreement between the state, Erie County and the football club to build a new $1.4 billion stadium with at least 60,000 seats in the town of Orchard Park, the team’s longtime home. Under the deal, New York state would pick up $600 million of construction costs, with Erie County kicking in $250 million.
The Bills, which are owned by the billionaire Pegula family, and the NFL would pick up the final $550 million and sign a 30-year lease to use the stadium, according to Hochul’s office. State lawmakers will be asked to approve the state’s share of funding as part of the state budget, according to the governor’s office.
Hochul and legislative leaders are in the final stretch of budget negotiations before the start of New York’s fiscal year on Friday.
The costs wouldn’t be limited to construction, however. If approved, the state and county would also chip in about $400 million total for maintenance, repair and capital improvements over the length of the agreement, paid out in annual installments and pushing the total public subsidies past $1.2 billion over three decades.
Among the many cuts in Hochul's recently proposed budget, her first as Governor of New York State, the Office of Children and Family Services is looking at an $800 million dollar cut in funding. In the 2021-22 budget, OCFS received $4.5 billion. Now, the cut would bring them down to $3.7 billion. That office oversees and reviews DSS and CPS agencies across New York.
Hochul is prioritizing corporate sports, and the well-being of billionaires bank balances over struggling New York families and childrens.
We must say "NO" the misallocation of our tax dollars in such a way.
840
The Issue
New York is giving the Buffalo Bills $850 million in taxpayer funds for a new stadium, the biggest pro sports subsidy of all time.
Just four days ago, NY announced a $800 million cut to children and family services.
The Bills owner is worth $5.8 billion.
FURTHER READING
Taxpayers would be on the hook for $850 million in construction costs for a new Buffalo Bills stadium under a deal announced by New York Gov. Kathy Hochul on Monday, which would make it the largest direct public subsidy for a National Football League stadium in history.
Hochul’s office on Monday unveiled a three-way agreement between the state, Erie County and the football club to build a new $1.4 billion stadium with at least 60,000 seats in the town of Orchard Park, the team’s longtime home. Under the deal, New York state would pick up $600 million of construction costs, with Erie County kicking in $250 million.
The Bills, which are owned by the billionaire Pegula family, and the NFL would pick up the final $550 million and sign a 30-year lease to use the stadium, according to Hochul’s office. State lawmakers will be asked to approve the state’s share of funding as part of the state budget, according to the governor’s office.
Hochul and legislative leaders are in the final stretch of budget negotiations before the start of New York’s fiscal year on Friday.
The costs wouldn’t be limited to construction, however. If approved, the state and county would also chip in about $400 million total for maintenance, repair and capital improvements over the length of the agreement, paid out in annual installments and pushing the total public subsidies past $1.2 billion over three decades.
Among the many cuts in Hochul's recently proposed budget, her first as Governor of New York State, the Office of Children and Family Services is looking at an $800 million dollar cut in funding. In the 2021-22 budget, OCFS received $4.5 billion. Now, the cut would bring them down to $3.7 billion. That office oversees and reviews DSS and CPS agencies across New York.
Hochul is prioritizing corporate sports, and the well-being of billionaires bank balances over struggling New York families and childrens.
We must say "NO" the misallocation of our tax dollars in such a way.
840
Supporter Voices
Petition created on March 30, 2022