Proposed Albany Budget Decreases Taxes Again, in Albany Spending Increased

For the fifth year in a row, taxes will go down in the city of Schenectady under Mayor Gary McCarthy's proposed budget.

McCarthy is submitting a spending package to City Council that contains a tax decrease of one half of 1%.

McCarthy says the city continues to make progress in several areas.

The budget plan features about $2.9 million in revenue from the casino, up around $265,000 compared to last year.

McCarthy is also looking to increase his salary to $112,000 per year.

A public hearing on the budget is set for October 15th.

Council must adopt a budget by the end of the month.

Meanwhile, Albany Mayor Kathy Sheehan is set to release her spending plan Tuesday.

Sheehan presents her $179 million package to Common Council.

It increases spending by about 1 1/2 %, includes 1% raises for the city's white collar workers, and contains more money to deal with neighborhood concerns such as traffic safety.

It also continues the $90 per unit fee for trash removal that was set to expire at the end of the year.

But according to the Times-Union council will introduce a measure to extend the fee structure at its next meeting on the 7th.

The budget will again depend on $12 1/2 million from the state.

Sheehan has said this isn't something that can be fixed with tax hikes or service cuts.

Photo: Getty Images

Sponsored Content

Sponsored Content

News Radio 810 & 103.1 WGY · The Capital Region's Breaking News, Traffic & Weather Station
Listen Now on iHeartRadio