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Town of Cortlandt, NY

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An Important Message on Indian Point

Release Date: April 04, 2018
 View Printable News Story

Our continual and persistent lobbying to the state officials (Governor Cuomo, State Senator Murphy and State Assemblywoman Galef) has been successful.  The 2018 NY State budget will include an additional $24 million into the State's Cessation Fund.  A big achievement for us all.  This fund can only be used by communities in NYS that have closed power plants.

The total amount in this fund will now be $56 million and hopefully each year the State will add to this important fund so when our two nuclear plants close in 2020/2021 there will be more funds for us to tap into to help to some degree to offset our loss of revenue ($32 million collectively each year).

We know these funds will never cover the entire amount of lost revenue; however, anything will help. (click link above to view the press release from the State).