The scrimping, saving and belt-tightening is paying off, as residents of Oswego County will only see a small increase of less than one percent in their property taxes for 2014. But what do the county's cost-saving measures mean for the average Oswego County homeowner?
The proposed tax rate would go up 16 cents for every $1,000 of assessed property value, translating to about an extra $15 tacked onto a homeowner's bill. While the rate is the highest it's been in six years, it still keeps the rate lower than it was in 2005, by more than 20 percent.
Municipalities and school districts in New York state will soon get graded on their fiscal health. A fiscal monitoring system run by the state comptroller's office will publicly identify local governments that may be heading towards a fiscal cliff.
New York state has a variety of programs intended to save taxpayer dollars by helping governments share services or eliminate certain government entities altogether. A New York state Assembly hearing in Syracuse this week tried to find out whether these programs work.
Governor Andrew Cuomo was at Fort Drum yesterday, touring a former coal plant that's being converted to a biomass facility. He responded to questions from reporters about the statewide property tax cap.
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.