New York Senate Republican leader Dean Skelos (R-Rockville Centre) speaks...

New York Senate Republican leader Dean Skelos (R-Rockville Centre) speaks with reporters after a meeting with legislative leaders and the governor at the Capitol in Albany on Tuesday, June 18, 2013. Credit: AP / Tim Roske

One of former Sen. Dean Skelos’ last legislative victories could wind up being a state budget highlight for Nassau and Suffolk counties: a $400 million pot of money in the 2015-16 state budget for “transformative” projects, primarily on Long Island.

Empire State Development Corp., the Cuomo administration’s economic-development agency, is still weighing proposals for uses of the money. Additionally, Long Island also is earmarked for a separate $150 million of the state’s share of financial settlements.

Though no timetable has been set, some insiders think the money could be doled out as part of next year’s budget process. Gov. Andrew M. Cuomo is set to present budget ideas Jan. 13.

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Snowy mix hits region ... What's the future of NUMC? ... LI Swifties ready for the big game ... Chow down in Charleston ... What's up on Long Island

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Snowy mix hits region ... What's the future of NUMC? ... LI Swifties ready for the big game ... Chow down in Charleston ... What's up on Long Island

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