Gov. Andrew Cuomo yesterday proposed spending $750 million through the Regional Economic Development Councils, but Majority Leader John Flanagan isn’t quite ready to sign on on that just yet.

“I think what we need to be doing is a wise economic policy for the state of New York,” Flanagan said in a brief interview Monday afternoon.

“I don’t know where the money is coming from. Frankly, I don’t know who is going to be making those decisions. I can guarantee you this: That money isn’t going out the door unless the Legislature has a big say. That’s the way it’s going to be.”

Flanagan last week pledged more oversight of the REDCs, which assess and submit projects for funding to the Empire Development Corp., doled out in an annual award show in Albany at the end of the year.

Flanagan and Cuomo have increasingly been at odds for the last several weeks, with the governor blaming the Senate GOP conference for failing to come to terms for a special session of the Legislature in December, which would ostensibly have resulted in the first pay raise for lawmakers since January 1999.