Common Council To Hear Treasurer’s Report City Hall Could Face $1.6M Loss In Sales Tax By LIBBY CUDMORE • Special to www.AllOTSEGO.com ONEONTA – The bad news: Oneonta could face as much as a $1.9 million shortfall in sales tax, according to city Finance Director Virginia Lee. “I’ve outlined a mild, medium and severe – one, two and three – scenarios for loss of sales tax,” she said. “Mild would be $478,000. Medium would be $861,000, and severe scenarios could…
Online home of The Freeman's Journal and Hometown Oneonta
Advertisement
Oneonta City Budget
City Manager’s First Budget Through Hearing Unbruised By LIBBY CUDMORE • HOMETOWN ONEONTA Edition of Friday, Nov. 28, 2014 When City Manager Martin Murphy joined City Hall in early October, Day One he started on his first budget, a $21.6 million spending plan for 2015 that Common Council will act on in December. Murphy is no stranger to budgeting; previously, he was Cortland County administrator. “We were working with a $125 million budget, so it was much larger than what…