SCHENECTADY Mayor to Make Decision on City Budget
SCHENECTADY — The city is facing a Dec. 31 deadline to have a 2024 budget deal in place, and Mayor Gary McCarthy is expected to make a decision on a potential second budget veto soon.
Following Monday night’s City Council meeting, McCarthy stated that he is nearing a conclusion on whether to sign the $109 million budget the council passed on Thursday.
“I’m still looking at some things and I’ll have a decision out tomorrow [Tuesday] or Wednesday,” McCarthy said.
Implications of Missing the Budget Deadline
If the city does not have an approved budget in place by Jan. 1, it may not be able to fund its operations, according to McCarthy. He stated, “I believe there’s no authority to expend any money. That’s the opinion of the [state] comptroller’s office that’s been issued for other municipalities in this situation.”
City Council President Marion Porterfield is still investigating the consequences of the city potentially not having a budget agreement at the end of the year. She expressed hope that McCarthy will sign the council’s second budget, which did not make major changes to the first plan the mayor vetoed.
State Comptroller’s Office Response
Mark Johnson, press secretary for New York State Comptroller Thomas DiNapoli, deferred questions on the topic back to the city. He stated, “Unlike towns and villages, the procedures for adopting and administering city budgets are generally governed by a city’s charter.” Johnson also mentioned that he was not aware of the comptroller’s office issuing guidance related to the city budget process.
Corporation Counsel’s Response
Schenectady Corporation Counsel Andrew Koldin did not respond to requests for comment on the ramifications of the city potentially missing the Dec. 31 budget deadline.
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