Groups seek to protect NY environmental fund

PHOTO: Willamor Media via Flickr

ALBANY, N.Y. (AP) - More than 100 demonstrators representing 50 environmental groups are seeking to protect the state's Environmental Protection Fund, traditionally a target in state budget negotiations.
The groups on Monday urged lawmakers to save the fund from cuts that would reduce money for closing landfills, opening recycling facilities and creating new parks. Rob Moore of Environmental Advocates noted a new study by the Trust for Public Land that found New York's economy receives $7 in financial benefits for every dollar spent on environmental protection.
Gov. Andrew Cuomo's proposed budget includes $134 million for the environmental fund, the same amount as last year. More than 90 percent of the fund's revenues come from a real estate transfer tax, which generated about $600 million over the past year.