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(WHITE PLAINS, NY) Westchester Legislators passed a bi-partisan 2018 budget by a vote of 12 to 5. This budget funds a functioning government while attempting to address the fiscal mess and long-term budget hole of over $100M left by the outgoing Astorino Administration.
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(WHITE PLAINS, NY) PKF O’Connor Davies, the County’s independent auditors, advised Westchester Legislators yesterday that the proposed 2018 Westchester County Budget includes unsecure revenues – such as $29M for the proposed airport deal - which leaves it structurally imbalanced. Without a recurring revenue source, this budget will collapse and the County will be further down the road toward another negative adjustment to our credit rating.
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(WHITE PLAINS, NY) The Westchester County Citizens Budget Advisory Committee’s (CBAC) findings were bleak. Today, in a report to the Board of Legislators Committee on Budget & Appropriations, CBAC outlined their take on the 2018 Proposed Budget.
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(WHITE PLAINS, NY) After a thorough review of the Astorino Administration’s proposed 2018 Operating Budget, Westchester Democrats have discovered a potential budget gap in the range of roughly $120M-$155M. A gap of this size will take time to fix - with the fiscal impact being an Astorino tax increase of nearly 30%.
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In a unanimous vote Monday night, Westchester County Legislator David Tubiolo (Yonkers & Mount Vernon), Chair of the Board’s Committee on Seniors & Constituencies, joined with his colleagues in passing a Local Law that will extend the County’s property tax exemption for Cold War Veterans.
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