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Schenectady's 2013 proposed budget

Taxes are going up and jobs are being cut, but City Council members said the proposed 2013 budget is nowhere near as bad as they expected.

Despite the city’s deteriorating financial situation, taxes in the proposed budget would go up “only” 4.18 percent — a far cry from the 22 percent tax increase that the mayor said the city was facing, Gazette reporter Kathleen Moore wrote.

A full version of the story about the proposed budget can be found HERE. The executive budget summary is available below, with the entire budget below that.

Mayor Gary McCarthy presented his proposed $78.88 million budget to the City Council on Sunday afternoon, saying that the tax increase “doesn’t seem like that bad of a number.”

“It’s when you couple that with county and then school taxes that you get the overall tax that is clearly a burden,” he said.

For the average property owner with a house assessed at $100,000, taxes would go up $56 next year, to a total of $1,391.

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Schenectady proposed 2013 Budget Summary

Schenectady Proposed 2013 Budget

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