When Medley Centre’s developer missed an investment milestone earlier this year, it was clear that he’d have to pay a penalty. Last night, the East Irondequoit school board provided some insight into what that penalty could be. According to media reports, board members voted to asses the developer, a firm owned by Scott Congel, a […]
taxes
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Richards: County budget includes new costs to city taxpayers
Mayor Tom Richards just issued a press release addressing what he calls “unannounced charges to city taxpayers” in the proposed 2014 county budget.
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Penfield may privatize plowing
The Town of Penfield may start using a private contractor to plow some of the town’s subdivisions in the winter. The rest of the plowing would still be done by Penfield’s public works employees. Officials want to know if the move would save money, says Town Supervisor Tony LaFountain, through reductions in overtime and equipment […]
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Unshackle agenda
Unshackle Upstate has released a five-point plan for job growth and lower taxes in the parts of the state that aren’t New York City. It focuses primarily on eliminating or changing certain taxes and surcharges. But Unshackle officials also highlight the potential benefits of fracking the Marcellus Shale. | Fracking could create 12,000 to 15,000 […]
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Unshackle Upstate wants fracking, lower taxes
Unshackle Upstate has released a five-point plan for job growth and lower taxes in the parts of the state that aren’t New York City. The plan focuses primarily on eliminating or changing certain taxes and surcharges. But Unshackle officials are also highlighting the potential benefits fracking the Marcellus Shale. During a press conference this morning […]
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Ratings games
Yesterday, the bond rating firm Standard & Poor’s upgraded the county’s ratings for several bonds. But last month, Moody’s Investors Service downgraded the county’s rating.
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Republicans fight for Henrietta’s top job
In Monroe County’s suburbs, Henrietta is sometimes invoked as a pejorative or a cautionary tale of dominance by shopping plazas and big box commercial development. “We don’t want to be Henrietta,” residents tell their elected officials. Yet those same people shop in Henrietta’s stores and eat in its restaurants. Henrietta is misunderstood. It’s not all […]
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Lej Dems, county administration react to Moody’s downgrade
Democratic Legislator Paul Haney says that Monroe County has real financial problems and that a recent action by Moody’s Investors Service to downgrade it’s bond credit rating “has certified” as much. The financial analysis company downgraded the county’s rating yesterday, and this afternoon County Legislature Democrats held a press conference to address the action. Haney […]
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Moody’s lowers Monroe County’s credit rating
Moody’s Investors Service has lowered Monroe County’s bond rating, which could translate to higher borrowing costs. The move follows an approximately two-year period where Moody’s first increased the county’s rating, then held it steady. The financial services company issued the action yesterday and it also changed the county’s ratings outlook — its prediction of future […]
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City budget cuts Mounted Patrol, 311 hours
But more would be invested in youth and recreation and the library system.
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Democrats fell off the cliff and can’t get up
Some Democrats are crowing about the fiscal cliff outcome, and criticizing Republican Speaker of the House John Boehner for not having control of his party. Yesterday, many bloggers and political pundits cast President Obama as the clear winner in the fiscal cliff showdown. But as Obama signed the new tax bill into law yesterday morning, […]
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POLITICS: The devil in the details
You won’t hear about it on the news until a disaster happens, but there could be a deteriorating gas pipeline in front of your house or near your kids’ school. With only two local companies offering combined Internet and cable services, you might not be aware of how inferior those systems are — and how […]
