Warning

JUser: :_load: Unable to load user with ID: 752

Sunday, 29 November -0001 19:03

2012 State of the City

By | News

SARATOGA SPRINGS – Mayor Scott T. Johnson made the annual State of the City address on the afternoon of February 5, at the Saratoga Springs City Center.  The mayor said financial indicators and ongoing economic development indicate the city is relatively strong, and stronger than most in the considerably tougher national economic environment.  Mayor Johnson stressed the city council should remain focused on “fiscal conservatism, good management, and improved efficiency.”

The mayor went on to address the restoration of Saratoga’s rightful share of video lottery terminal (VLT) revenue from New York State. The mayor stated that without a guarantee that those funds will be shared with the city, that it would be “financially irresponsible” to depend on the funds to balance an annual budget.


Mayor Johnson went on to talk about the statewide movement toward legalizing casino gambling. He explained his concerns over the threat legalizing casino gambling would bring to the city, as well as the VLT model brought forth by NYRA. The mayor declared that whatever proposal goes forward, it must include guarantees that Saratoga Springs will receive fair compensation and not threaten the stability of the annual meet at Saratoga Race Course.


“Make no doubt about it, a threat to racing’s future is a threat to our survival,” said Mayor Johnson.


Following the mayor's address, a response on behalf of the city's Department of Finance was issued by Commissioner Michele Madigan. Madigan agreed with Mayor Johnson that relying on non-guaranteed VLT revenue would be irresponsible, but felt the statement was hypocritical and said the basis of the city’s 2012 budget included these non-guaranteed funds.


She said that some of the monetary figures disclosed regarding the city’s unappropriated unreserved fund balance in Mayor Johnson’s speech may have been premature, and said while an increase would be welcome, the numbers would not be final until the end of February.

Read 7141 times

Media

NULL

Blotter

  • Saratoga County Court  Sara N. Babinski, 35, of Schuylerville, was sentenced to 3 months incarceration/ 5 years probation, after pleading to felony DWAI, charged January 2024 in Saratoga Springs.  Thomas R. McCall, 35, of Rensselaer, pleaded to criminal possession of a weapon in the second-degree, in connection with a March 2024 incident in Saratoga Springs, when city police initiated a traffic stop on a vehicle on South Broadway and located a Magnum .357 revolver with ammunition underneath the driver’s seat, according to a statement by Saratoga County District Attorney Karen Heggen. Further investigation determined that the firearm belonged to the defendant,…

Property Transactions

  •   BALLSTON  Frederick Wright sold property at 78 Beacon St to Jacqueline Zielinski for $361,000 Barbera Homes Kelley Farms sold property at 30 Paddock Pl to Erik Weiskopf for $716,959 Harold Tomlinson sold property at 429 Devils Lane to Amy Hotaling for $575,000 CORINTH Khalil Grant sold property at 5049 Rt 9N to Colin Murray for $239,500 Angela Wingle sold property at 83 Clothier Dr to Brittany Dunston for $249,900 Foothills Builders sold property at 49 Black Bear Path to Zachary Yetter for $455,605 Gwendoyln Matson sold property at 116 County Route 10 to Victoria Bourque for $169,000 MALTA  David…
  • NYPA
  • Saratoga County Chamber
  • BBB Accredited Business
  • Discover Saratoga
  • Saratoga Springs Downtown Business Association