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Bassett Halts Changes to Retiree Benefits

Our concerns were heard.” The relief must have been palpable as Bassett Healthcare Network retiree Jan McGrath listened to a voice mail left by Bassett President and Chief Executive Officer Staci Thompson, MHA, FACMPE late Friday afternoon, December 6. Only hours before, McGrath was one of more than two dozen Bassett Healthcare Network retirees who met on Thursday, December 5 to discuss unexpected changes to their Medicare Supplemental Plan, when words like “disappointed,” “betrayed,” “angry” and “shocked” were used over…

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More Work To Be Done To Cut Expenses

On Tuesday, December 3, the City of Oneonta’s Common Council initially declined to pass the tentative 2025 budget that they had approved on November 19. When put to a second vote, six of the seven council members consented to pass the 2025 budget of $20 million, with the caveat that there would be future budget cuts and solutions to cover the deficit while drawing down less of the reserves.…

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Treasurer Virginia Lee Provides Clarification on City Budget

Lee shared, “During 2019, $843,517.00 of the fund balance was used due to investing over $1 million into equipment needs. (In) 2020, the pandemic hit. Due to the leadership of the excellent department heads, over $2 million of expenses were delayed due to the unforeseen consequences of the pandemic, which meant that those delayed expenditures needed to be realized in the future.…

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Uncle Sam, Font of Plenty, Thanks To Printing Presses

EDITORIAL Uncle Sam, Font of Plenty, Thanks To Printing Presses Ain’t Uncle Sam great! At least his ability to print money. After the year-long COVID pandemic, which cost Otsego County government $10.6 million, the federal government is sending it $11 million. That’s $400,000 in profit, from the greatest pandemic in 100 years. The beauty of it is county government, under the guidance of brainy Allen Ruffles, the county treasurer, had already taken steps to stem the bleeding. The Ruffles Plan,…