The Daily Gazette
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Schenectady’s financial picture better

City spent $2.3 million less than expected

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Schenectady might find a $2.3 million nest egg under the tree this year. Finance Commissioner Ismat Alam said she was confident she could replenish the city’s empty savings account before leaving for her new job next year at Proctors. “I will make sure the fund balance is where it needs to be,” she said. Given the city’s financial trouble this year — among other things, officials drained a savings account to pay a $1 million ...

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December 1, 2012
7:12 a.m.

[ Flag Post ]

McCarthy is an idiot if he does not hire Cuthert.... Wait we already knew that when he fired him. Who is the bigger man here, Cithbert who continued helping the city without being paid or McCarthy who fired him because he was not bowed to by him?

December 1, 2012
8:34 a.m.

[ Flag Post ]

Cuthbert was spot on about the County sales tax ripoff. There would be no deficit if we received our per capita share of County sales taxes. 42% of the population gets 15%? Don't forget joke Metroplex which gives millions to the towns, zero in direct payments to the City while taking prime City commercial property permanently off the tax rolls. The biggest problem in the City is the clueless Mayor and his Democratic rubber stamps.

December 1, 2012
9:58 p.m.

[ Flag Post ]

There aught to be money left over. They have conveniently ignored last winter's savings on plowing and salting, both which were nearly non existent due to fair weather. When we get a lot of snow and freezing they are quick to tell us what it costs, but when there is a windfall savings all we hear is more crying over money.