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Kauffman Talks Finance

Just a day after New York State Governor Andrew Cuomo delivered his 2014 State of the State address, Richard Kauffman, Chairman of Energy and Finance with the New York State Energy Research and Development Authority,  visited the students and staff at

Farmingdale State College for a special presentation to help decipher Cuomo’s speech. 

 

New York State Assemblyman Chad Lupinnacci and Farmingdale State College President Hubert Keen also attended the presentation on Jan. 9, to learn more about some of the changes in state finance for 2014. 

 

According to Lupinnacci, who is an adjunct professor at Farmingdale College, Cuomo had some very good points, which included extending middle class tax cuts, and looking at tax cuts in terms of corporate taxes, inheritance taxes and manufacturing taxes that will affect upstate New York.  

 

“We want to keep families on Long Island,” Lupinacci said. “We want to keep sure jobs continue to be produced and that tax revenue comes from those jobs.” 

 

Lupinacci added that while he was pleased with Gov. Cuomo’s presentation, he would have liked to see more discussion on the state’s implementation of the Common Core Learning Standards. 

 

After the introductions, Kauffman took the stage to discuss state spending, which he said has been held at 2 percent, resulting in a significant tax decrease this year. 

 

According to Kauffman, the state has adopted a four-step plan to accomplish this. The plan for reducing taxes includes tax cuts for businesses, a property tax freeze, property tax reform and estate tax reform. 

 

Speaking to an audience of predominantly undergraduate students, Kauffman said that the state will provide full scholarships for the top 10 percent of high school graduates planning to attend a SUNY or CUNY school for math or science.

 

Kauffman also discussed new legislation impacting those caught texting behind the wheel. According to Kauffman, people under 21 years of age caught texting and driving will lose their license for a year.  

 

For drivers over 21, the penalties will be more severe. Earlier this year, the state passed legislation that automatically gives the driver 5 points on their license if caught texting at the wheel. 

 

Although Kauffman delved into topics that have the most impact on the audience of predominantly college students, he debriefed attendees on calls for a minimum wage hike, plans for corporate tax cuts, and plans to allow limited use of medical marijuana at 20 hospitals in the state. 

 

For more details on Gov. Cuomo’s address, visit www.governor.ny.gov/SOS2014/2014-State-of-the-State.

News

Oyster Bay Town officials are mulling an override of the state’s 2 percent property tax cap for the second consecutive fiscal year. On Aug. 12, the town held a hearing to approve local legislation, giving the Town Council authority to pierce the cap.

 

However, according to Marta Kane, a spokesperson with the Town of Oyster Bay, Supervisor John Venditto and the members of the Oyster Bay Town Council are not certain if they will entertain a repeat of last year, when the board adopted a $277 million budget, increasing the tax levy by $15,964,647—or 8.8 percent. 

Village officials have teamed up with James Faith Entertainment—founders of the Great South Bay Music Festival in Patchogue—to organize Farmingdale’s first ever two-day music festival, this September 13 and 14. 

 

“Farmingdale is another town that is starting to move forward,” festival producer Jim Faith told the Farmingdale Observer, last May. “[The inaugural festival] will be small, but we’ll start growing it... music festival always take a few years to catch on.” 

 

Faith said that when he first started the Great South Bay Music Festival, back in 2007, it too started small, growing little by little each year. For its inaugural year, Faith booked folk musician Richie

Havens to headline the event. Now, more than eight years later, the festival has featured numerous big name musicians, including: the Doobie Brothers, WAR, Billy Squier, Taking Back Sunday, moe., and Blues legend B.B. King, to name a few. 


Sports

Register now as classes fill up quickly and you don’t want to miss out on the chance to join in trapeze workshops at Eisenhower Park’s I.FLY this fall.

 

“I.FLY was designed to give kids and adults the ability to fulfill their dreams of being in the circus,” says instructor Anthony Rosamilia.  “Flying through the air never gets boring.  At I.FLY, we help people create lifelong memories.” 

After more than a month of group play, on Aug. 16, fourteen teams went head-to-head for a shot at the 2014 Farmingdale Baseball League’s 9/11 Tournament Championship. Here are some highlights from Saturday’s championships. 

 

8U Finals

Long Island Rangers 8 - Farmingdale Greendogs 9


Calendar

McKevitt Mobile Office Hours - August 21

Artisan Market - August 23

Blood Drive - August 24


Columns

1959: The Year The Music Stopped Playing
Written by Michael A. Miller, mmillercolumn@gmail.com

The Eccentric Heiress Of ‘Empty Mansions’
Written by Mike Barry, MFBarry@optonline.net

Yellow Margarine And A Pitch For The Ages
Written by Michael A. Miller, mmillercolumn@gmail.com