Mayor Palmieri today announced he will conduct four community meetings to present his proposed budget and address questions from the residents.
The Mayor’s $72.5 million proposed budget increases spending by less than 1% annually compared to the City’s FY 2008-2009 budget 10 years ago.
Over the past six years, the City successfully executed its financial recovery plan, resulting in credit rating upgrades by all three of the leading financial institutions, Fitch Ratings and Standard & Poor’s Global.
The City has also seen tremendous improvement in its fiscal stress score according to New York Comptroller Thomas DiNapoli’s Fiscal Stress Monitoring System.
The schedule for the community budget meetings is as follows;
· North Utica– Monday February 26th 6:30pm, North Utica Senior Center (50 Riverside Dr.)
· West Utica- Wednesday February 28th 7:00pm,
· West Utica Senior Center (717 Court St.)
· South Utica- Monday March 12th 6:00pm, Notre Dame Elementary School (11 Barton Ave)
The Mayor’s Proposed Budget, as well as, his power point presentation and budget message can be found on the City website at http://cityofutica.com/.
