Wednesday, December 17, 2014

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Saratoga County

Mayor McCarthy vetoed Schenectady's 2013 budget proposal

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Albany/HV: Mayor McCarthy vetoed Schenectady's 2013 budget proposal
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SCHENECTADY, N.Y. -- "People in Schenectady were already paying high taxes. Every dollar counts to people who live here. It's our job to pair the budget down, and that's what the council did," explained Vincent Riggi, Schenectady City Council Member.

Riggi said Mayor Gary McCarthy vetoes the city's budget on Friday afternoon, but gave no reason for why he vetoed it. Council members said they spent some time drafting the plan before approving it last week.

"The mayor's proposed budget to us was 4.1 percent, and an increase in the garbage fee of $20 per year," noted Riggi.

The city council's plan that McCarthy vetoed, included an increase of 1.7 percent. But, if the city reverts to the mayor's original spending plan, taxpayers would see a tax hike of 4.1 percent. The city council could override the veto with five votes.

"The mayor is saying, apparently, he wants to go back to the table and talk about this," Riggi added.

Riggi said he's concerned with what the budget could mean for the city, knowing Schenectady's revenue sources are limited.

Riggi explained, "There's only three sources of revenue we have: state aid, which we're obviously not going to get anymore with the downstate flooding. The other thing is sales tax, we're locked into that for eight years, that's not going to change. And the only other source of revenue is John Q public, the taxpayer."

YNN reached out to Mayor McCarthy's office for comment, but our calls were not returned. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP