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Editorial: Mahan plan best way to deal with Colonie deficit

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Colonie Democratic Supervisor Paula Mahan, saddled with an $18 million deficit by her Republican predecessor, could deal with the problem in a number of ways, none of them particularly appealing. The method she’s chosen — a special, one-time tax assessment averaging roughly $250 per residence and business — is probably the best. The town could ignore the deficit and continue conducting business as usual. That’s basically how it got into trouble in the first place. ...

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April 12, 2008
9:07 a.m.

[ Flag Post ]

As a long time Colonie resident I am still trying to recover from shock and disappointment at the years of mismanagement by the former supervisor and former town board. Mary Brizzell should hang her head in shame for her years of deceptive handling of town finances.

I agree with the editorial. The one-time payment is the best option. We've had artificially lower taxes for years and now we've got to make up for that. Hopefully there will be payment plans for lower income people. It is really unfortunate that an unexpected bill will hit town residents at the same time as the cost of living is skyrocketing.

A real issue is how to make sure such mismanagement doesn't happen again. How do we assure proper fiscal practices in the town?