Syracuse Mayor Stephanie Miner's proposed election year budget includes no increases in taxes or fees; there are also no proposed layoffs. But despite spending cuts and consolidations, the city's fund balance takes a big hit, in order to fill a multi-million dollar budget hole.
It was a positive State of the City that Syracuse Mayor Stephanie Miner presented in her yearly address to common councilors last night. But beneath the reports of economic development progress, public safety initiatives and new schools construction, lurks more fiscal challenges.
Local governments continue struggling in the wake of the recession. At a Local Government Leadership Institute meeting in Syracuse Wednesday, officials looked for answers to some of the problems they still face following the Wall Street meltdown.