Plattsburgh Mayor Colin Read issued his 2019 budget proposal Friday afternoon. He says the $59 million plan makes progress towards improving the city’s fiscal status.
Mayor Read was surrounded by charts tracking the city’s status on tax rates, general fund balances and comparisons to similar cities. He says the common council set 2019 budget targets that have been met. “We met and exceeded their expectations for revenues without having to raise taxes. We increased the fund balance. Our expenditures are lower than they targeted and so that gives them a little bit of leeway to still meet their expenditure target and come up with some capital improvements they’d like to see.”
A public hearing on the mayor’s budget is set for Sept 13.