• LinkedIn
  • Twitter
  • Facebook

716-285-9141

Niagara USA Chamber

Niagara County’s Chamber: Advocacy. Opportunity. Choice.

Niagara USA Chamber
  • About Our Chamber
    • A Message From Our President…
    • Our Mission
    • Our Team
      • Officers
      • Executive Leadership
      • Board of Directors
    • News
      • Chamber News
      • Legislative News
      • Members in the News
    • Partners & Affiliates
      • Niagara USA Chamber Resources eBook
      • Niagara Business Organizations
      • Business Resources & Networking
    • Events
    • Calendar
  • Membership
    • Why Join
      • Health Insurance
      • Small Business Support
      • More Benefits & Savings
    • Apply Now
    • Membership Rates
    • Member Directory
    • Members in the News
  • Get Involved
    • Become a Member
    • Network & Learn
    • Join a Committee
    • Sponsor or Advertise
  • Advocacy
    • Development Issues
    • Tax Issues
    • Energy Policies
    • Local Assets
    • Health Insurance
    • Legislative News
    • Elected Representatives for Niagara County
  • Niagara County at a Glance
    • Weather
    • Relocating to Niagara County
    • Visiting Niagara

Niagara Gazette: SCHEER: Finally, the casino cash stalemate is over

  • By Elena Woods
  • June 14, 2013
  • Legislative News

Gov. Andrew Cuomo signed the sheet of paper at 4:07 p.m. Thursday.

“It’s done,” he said. “Congratulations.”

With that, Cuomo put a symbolic end to the great casino cash debate, arguably one of the darkest periods in the history of Niagara Falls, which is saying something around here.

Casino revenue, while a source of controversy at times, has become the lifeblood of the local municipal government.

Not only has it helped pave tattered roads and finance capital improvement projects, it has provided a stable source of income for a community where the tax base and population been trending down for many years.

It seems only after the Senecas stopped paying did the community truly realize just how important the money has become.

Thursday marked the official start of a new beginning, a time to not only celebrate the reunion of warring factions in the state and Senecas, but an opportunity for representatives in city government to finally breathe a little easier again.

After Cuomo’s announcement, Controller Maria Brown characterized her feelings in a single word: Overwhelmed.

It was, after all, Brown’s staff that had the unfortunate task of monitoring the city’s rapidly dwindling accounts in the months since the Senecas stopped making regular casino cash payments.

After Cuomo’s speech, Councilwoman Kristin Grandinetti could be heard thanking the Lord almighty for helping to bring Cuomo and Seneca Nation of Indians’ President Barry Snyder Sr. to terms.

Councilman Charles Walker admitted he was planning to call next week for the creation of a nine-member panel to figure out what the city could do in the absence of casino revenue moving forward.

He too was relieved to hear Cuomo and Snyder assure him he could cancel his plans.

And then there was Mayor Paul Dyster, the guy who kept telling everyone — day in and day out and amid mounting financial pressure — to stay calm, be patient and have faith that it would all turn out OK.

When many others did not, Dyster trusted what Cuomo and his people kept telling him.

It paid off on Thursday, in spades. His “I-told-you-so” moment came in the form of a visit to his city by Cuomo himself.

“This is one of the great, happiest days of my life,” Dyster said.

The money — all $89 million of it — does not make for an immediate fix for all that ails Niagara Falls financially.

It is expected to arrive in a matter of weeks and when it does Brown said the first order of business will be addressing the city’s current general fund needs.

In the near-term, she said, the money will allow the city to take care of its most pressing problem – an extremely delicate cash flow situation that turned normally routine things like paying vendors and meeting payroll into daily concerns.

In the months ahead, Brown said the city should be able to move beyond addressing everyday financial concerns so it can once again focus on longer-term goals, including making good on capital projects and creating a sound plan for future spending.

She credited Cuomo and Snyder with getting over their issues and getting the job done when it mattered most.

“This is tremendous news,” she said.

It looked like all hope might be lost last week when Snyder called Cuomo a “bully” and the on-again, off-again negotiations between the two sides appeared to break down. To their credit, both Snyder and Cuomo managed to rise above the rhetoric and get themselves back to the bargaining table where they hammered out what Cuomo characterized as a “win-win-win” deal for all parties involved.

The new agreement makes the city whole again, allows the Senecas to continue their exclusive gaming operations in Western New York and assures the state of tens of millions of dollars in slot machine revenue each year through 2023, the anticipated end to the now-extended gaming compact.

While the last two items are important, they pale in comparison to the first. With the return of casino revenue, as Cuomo said, Niagara Falls is “back in business – big time.”

There’s still a lot of work to do, obviously, but at least the city can stop focusing on budgetary problems and start talking about making some progress again.

At long last, the battle is over, the money is coming and there’s peace in the land.

Now, as Snyder said so succinctly on Thursday: “Let’s move forward.”

 

Source:
Scheer,M. (2013 June 13). SCHEER: Finally, the casino cash stalemate is over. Niagara Gazette. Retrieved from http://niagara-gazette.com.

Share

Related Posts

Member Spotlight – Aquarium of Niagara

February 26, 2021

What You Need To Know And Do About The Cares Act

March 31, 2020

COVID-19 Business Resources

March 19, 2020

Niagara USA Chamber Postpones Awards Gala

March 12, 2020

Recent Posts

  • Member Spotlight – Aquarium of Niagara
    February 26, 2021 - 11:16 am
  • Niagara USA Chamber Golf Classic
    August 5, 2020 - 1:19 pm
  • Copier Fax Business Technologies StayWell Initiative
    May 23, 2020 - 10:34 pm
  • US Chamber of Commerce Foundation Announces $5,000 Grant Application to Small Business
    April 17, 2020 - 3:27 pm
  • What You Need To Know And Do About The Cares Act
    March 31, 2020 - 7:34 pm

Archives

  • February 2021
  • August 2020
  • May 2020
  • April 2020
  • March 2020
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • November 2018
  • October 2018
  • September 2018
  • April 2018
  • March 2018
  • January 2018
  • November 2017
  • October 2017
  • August 2017
  • July 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • March 2016
  • February 2016
  • January 2016
  • February 2015
  • September 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • August 2011
  • July 2011
  • June 2011
  • April 2011

Calendar

June 2013
M T W T F S S
« May   Jul »
 12
3456789
10111213141516
17181920212223
24252627282930

Categories

  • Breaking News
  • Business
  • Chamber News
  • Community News
  • Events
  • Events
  • Featured
  • Legislative News
  • Members in the News
  • Uncategorized
  • Home
  • Blog
  • Legislative News
  • Niagara Gazette: SCHEER: Finally, the casino cash stalemate is over

Privacy Policy

© 2019 - Niagara USA Chamber

  • LinkedIn
  • Twitter
  • Facebook
  • About Our Chamber
  • Membership
  • Get Involved
  • Advocacy
  • Niagara County at a Glance
  • About Our Chamber
    • A Message From Our President…
    • Our Mission
    • Our Team
      • Officers
      • Executive Leadership
      • Board of Directors
    • News
      • Chamber News
      • Legislative News
      • Members in the News
    • Partners & Affiliates
      • Niagara USA Chamber Resources eBook
      • Niagara Business Organizations
      • Business Resources & Networking
    • Events
    • Calendar
  • Membership
    • Why Join
      • Health Insurance
      • Small Business Support
      • More Benefits & Savings
    • Apply Now
    • Membership Rates
    • Member Directory
    • Members in the News
  • Get Involved
    • Become a Member
    • Network & Learn
    • Join a Committee
    • Sponsor or Advertise
  • Advocacy
    • Development Issues
    • Tax Issues
    • Energy Policies
    • Local Assets
    • Health Insurance
    • Legislative News
    • Elected Representatives for Niagara County
  • Niagara County at a Glance
    • Weather
    • Relocating to Niagara County
    • Visiting Niagara
  • LinkedIn
  • Twitter
  • Facebook

716-285-9141