The Daily Gazette
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Schenectady pays debt to school district

Council had held back on making up for unpaid taxes

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The city has finally paid its $3.64 million obligation to the Schenectady City School District. The money is coming a year late, and the delay sent the school district into a financial tailspin. But at least the money finally came. School board President Cathy Lewis said she worried the city would never pay it. “I know cash flow has been difficult for the city,” she said. “It’s not that they were saying they didn’t have ...

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May 25, 2013
8:26 a.m.

[ Flag Post ]

About time. Ms. Lewis is being kind about the fiscal mismanagement in City Hall. Maybe if McCarthy cut spending and taxes across the board he wouldn't be in such dire straits.