Friday, May 15, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Events

Astorino talks about Westchester County budget and elephant in the room

Bill Heltzel by Bill Heltzel
February 16, 2017
0
Share on LinkedInShare on FacebookShare on Twitter

So what”™s new? Marsha Gordon asked. Any interesting meetings lately?

Robert P. Astorino, the Westchester county executive, had just spent 40 minutes detailing his proposed $1.8 billion county budget for 2017 to 120 or so business people at a Nov. 16 breakfast meeting at Tappan Hill Mansion, in Tarrytown.

And everyone in the room knew what Gordon, president and CEO of The Business Council of Westchester, was asking.

There have been rumors that President-elect Donald Trump will ask Astorino to head the U.S. Department of Housing and Urban Development. That”™s the same federal agency that Astorino has battled for years over a consent decree that requires the county to build affordable housing in predominantly white towns and to ensure that the towns do not use exclusionary zoning practices.

Astorino downplayed the rumor ambivalently.

It”™s crazy. It”™s insane to hear his name bandied about for a cabinet position. And he does not expect the position to be offered to him.

But, “If the phone rings, yeah, I”™ll take the call. I”™ll see what he has to say.”

Even so, there is something to be said about staying on a job he loves in a county he loves and not uprooting his family.

“So it”™s insane, but it”™s nice to be considered for anything like that. But I don”™t anticipate it.”

Asked afterward how the rumor got started, Astorino said he knows 13 of the 16 executive committee members of the transition team, as well as Trump, whom he backed for president and with whom he has golfed and been friends with for 15 years.

“So, I think with my seven years of dealing with HUD and seeing the ugliness of that federal agency and suggesting along the way how to fix it, maybe they thought I”™d be a good secretary of that agency.”

He also vouched for Trump during his presentation.

“No matter how you feel about his politics, I can tell you on a personal level, he”™s a lot different.”

“And I think you”™re going to see the pragmatic side of him, because things have to get done.”

Most of Astorino”™s talk was devoted to the pragmatic.

He has proposed a $1.8 billion “flat” budget that keeps spending on par with the previous six years. Essential services would be maintained, no employees would be laid off, the $140 million reserve fund would not be tapped and property taxes would not be raised.

That means services such as the Bee-Line bus routes would not be cut and Westchester Community College tuition would remain the same.

The county had to solve a big problem to balance its budget this year. Sales tax revenues came in lower than expected and health care costs came in higher, creating a $30 million shortfall. The hole was plugged by selling county land on Austin Avenue in Yonkers for $15 million and refinancing tobacco bonds for another $15 million.

Next year, in Astorino”™s budget, the county will find new revenue by privatizing Westchester County Airport. He has negotiated a 40-year deal with Oaktree Capital Management that includes $111 million in revenue, beginning with a $15 million payment next year.

Tying the 2017 budget to the airport deal could corner county legislators. They have until Dec. 27 to review, amend and approve the budget as well as approve a complicated airport lease.

If the legislators balk, the burden of cutting services or raising taxes could fall on them.

Six weeks, warned legislative chairman Michael Kaplowitz in a press release, might not be enough time to approve the airport lease. While it may be a good deal, a contract of this length and scope requires serious investigation and review, he said.

Astorino also outlined a capital budget that would invest $110 million in parks and recreation, $72 million in buildings and structures and $50 million in roads and bridges.

Long-term, he said the county needs to unlock revenue from county assets, as it did when it sold the Austin Avenue property in Yonkers this year.

A deal to lease 60 acres of county land at the Grasslands Reservation in Valhalla for a $1.2 billion biotech research and medical offices complex could be completed by the end of the year.

The old model of sitting on government property and raising taxes to plug budget gaps, Astorino said, “is so broken.”

This page is available to subscribers. Click here to sign in or get access.

Previous Post

Business leaders try to gauge what Trump presidency means for Westchester economy

Next Post

College of New Rochelle to auction five homes amid financial crisis

Related Posts

Embattled former New Britain Mayor Stewart suspends gubernatorial campaign
Business Journals

Embattled former New Britain Mayor Stewart suspends gubernatorial campaign

May 15, 2026
Rockland County awards $178K in tourism grants  to nonprofits
Business Journals

Rockland County awards $178K in tourism grants to nonprofits

May 15, 2026
Eye on Small Business: Oak Park Fitness Trainer, White Plains
Business

Eye on Small Business: Oak Park Fitness Trainer, White Plains

May 15, 2026
Next Post

College of New Rochelle to auction five homes amid financial crisis

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

U.S. and world news for May 15
News

U.S. and world news for May 15

by Gary Larkin
May 15, 2026
0

US President Donald Trump and China's leader Xi Jinping inspect a guard of honor during a welcome ceremony at the...

CNN Wire: As Trump fuels Vance vs. Rubio speculation, his vice president makes anti-fraud push

CNN Wire: As Trump fuels Vance vs. Rubio speculation, his vice president makes anti-fraud push

May 14, 2026
U.S. and world news for May 14

U.S. and world news for May 14

May 14, 2026
CNN Wire: Trump administration pauses new hospice, home health providers’ enrollment in Medicare

CNN Wire: Trump administration pauses new hospice, home health providers’ enrollment in Medicare

May 13, 2026
U.S. and world news for May 13

U.S. and world news for May 13

May 13, 2026
CNN Wire: Israel is worried Trump will strike ‘bad deal’ with Iran

CNN Wire: Israel is worried Trump will strike ‘bad deal’ with Iran

May 12, 2026
No Result
View All Result

Latest News

U.S. and world news for May 15
News

U.S. and world news for May 15

by Gary Larkin
May 15, 2026
0

US President Donald Trump and China's leader Xi Jinping inspect a guard of honor during a welcome...

Embattled former New Britain Mayor Stewart suspends gubernatorial campaign

Embattled former New Britain Mayor Stewart suspends gubernatorial campaign

May 15, 2026
Rockland County awards $178K in tourism grants  to nonprofits

Rockland County awards $178K in tourism grants to nonprofits

May 15, 2026
Eye on Small Business: Oak Park Fitness Trainer, White Plains

Eye on Small Business: Oak Park Fitness Trainer, White Plains

May 15, 2026
INAUGURAL YOUTH SYMPOSIUM FOR NEXT GENERATION LEADERS

Inaugural Youth Symposium for Next Generation Leaders

May 15, 2026
Logo Westfair Business Journal

Latest News

U.S. and world news for May 15

Embattled former New Britain Mayor Stewart suspends gubernatorial campaign

Rockland County awards $178K in tourism grants to nonprofits

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.