As the finances of local governments continue to face structural stresses, Gov. Andrew Cuomo said at a news conference this afternoon he believes there’s an opportunity for many to restructure.

Shoveling more and more “subsidies” as the governor put it, won’t work.

“Our solution has been to come up with annual subsidize to get the city from year to the next, but that just kicks the can down the road and doesn’t really restructure it,” he said.

Cuomo told reporters in New York City today he wants to “do something real” with a local government restructuring board he initially proposed during the State of the State address in January.

The governor sees that opportunity in the coming expiration in June of the binding arbitration for police and fire unions, he said.

“Let’s put together a financial restructuring group, a financial restructure group and local governments that are in financial distress that are before the board can work with them to restructure the government,” Cuomo said.

Local government lobbyists are expected to be briefed with further information from the governor’s office in the near future on what the board would specifically entail.

Cuomo also made the case yet again for the consolidation of local services and governments, an issue he’s pressed since his days as attorney general.

“We have to restructure those local governments so they’re financially solvent,” Cuomo said. “I don’t want to subsidize the problem.”

The talk comes as some local government leaders, most prominently Syracuse Mayor Stephanie Miner, push Albany and the Cuomo administration to assume a larger and broader role in aiding municipalities reeling from fiscal stresses.

Miner, the state Democratic Party co-chairwoman, split with Cuomo this year over a plan that would allow communities and school districts to tap into savings in a new pension tier at the expense of future savings in the future.

The plan was ultimately retooled in the budget by adopting  a pension smoothing propsoal similar to a program created by Comptroller Tom DiNapoli’s office.