Cuomo, other officials, will forego 2021 raises
Nov 19, 2020 1:00 pm
Keshia Clukey is reporting for Bloomberg Governor Andrew Cuomo announced November 18, he will forgo his scheduled $25,000 raise in light of the state's $16 billion budget for the 2021 fiscal year. “I’m going to ask the commissioners, myself, the other electeds, not to take a raise this year,” Cuomo said during a briefing at the Capitol. He said he will sign an executive order to that effect given the fiscal situation. Cuomo is the nation’s highest-paid governor. His current annual salary is $225,000 and his pay hike was included in 2019 legislation. The New York State Commission on Legislative, Judicial and Executive Compensation November 16, decided judges, state lawmakers and certain executive branch employees would not receive a raise through 2024, citing the growing budget gap and fiscal uncertainty due to the coronavirus pandemic. The state of New York is facing a $14.9 billion budget gap for the fiscal year, which ends on April 1, and an estimated $16 billion gap for the following year, according to the state budget office. Read the full story at Bloomberg [dot] com.