NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY

Adjusted
Approp.
1998-99

Executive
Request
1999-00

Legislative
Approp.
1999-00

 

Change

STATE OPERATIONS  

       

Special Rev.-Fed.

2,200,000

3,000,000

5,750,000

2,750,000

Special Rev.-Other

16,006,000

14,906,000

14,906,000

0

Total for STATE OPERATIONS:

18,206,000

17,906,000

20,656,000

2,750,000

         

AID TO LOCALITIES

       

General Fund

0

0

0

0

Total for AID TO LOCALITIES:

0

0

0

0

         

CAPITAL PROJECTS

       

Capital Projects Fund

12,317,000

12,617,000

12,617,000

0

Total for CAPITAL PROJECTS:

12,317,000

12,617,000

12,617,000

0

Agency Mission

The New York State Energy Research and Development Authority (NYSERDA) is responsible for the management of energy research, development and demonstration programs which are funded by assessments on gas and electric utilities. NYSERDA administers Federal grant programs related to energy efficiency, and issues tax-exempt bonds on behalf of private energy supply companies for energy improvements. The Authority also carries out the programmatic and regulatory functions of the former State Energy Office. Finally, NYSERDA manages the former nuclear fuel processing plant at West Valley in Cattaraugus County and the Malta Rocket Fuel Area Superfund Site in Saratoga County.

Year-to-Year Change

On an All Fund basis, the Governor proposed a decrease of $300,000 or 1.7 percent in State Operations appropriations. Capital Projects increased by $300,000 or 2.5 percent.

Legislative Changes

Provide Spending Authorization for Federal Grant Programs.

$2,750,000

ST/SRF

The Assembly plan provides $2,750,000 in Federal funding for the State’s energy conservation program. This amount reflects the level of Federal grants anticipated to be available during State Fiscal Year 1999-2000.

Legislative Proposals

The Assembly provides $3,000,000 in Petroleum Overcharge Restitution (POCR) funds to be used for energy efficiency and other programs.


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