tag:blogger.com,1999:blog-5723709701684173708.post3673738224118089183..comments2024-03-28T10:27:45.855-04:00Comments on The Gossips of Rivertown: The Budget for 2022Carole Osterinkhttp://www.blogger.com/profile/16010623982526286408noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5723709701684173708.post-3132819496829639602021-11-11T14:12:57.456-05:002021-11-11T14:12:57.456-05:00That seems a valid concern. I know a lot of FHA lo...That seems a valid concern. I know a lot of FHA loans (which help small investors buy multi-family properties, like duplexes and triplexes) were underwater in the Capital Region before ERAP money started hitting accounts, but as money is getting to property owners now, tax revenues will presumably catch up. John Kanehttps://www.blogger.com/profile/03300676479057228139noreply@blogger.comtag:blogger.com,1999:blog-5723709701684173708.post-15171993618074534572021-11-11T11:29:41.680-05:002021-11-11T11:29:41.680-05:00There are so many financial worries in this city a...There are so many financial worries in this city and its government. One metric I've not seen reported on at all is the rate of property tax collections. This is vitally important for planning purposes given the City's obligation to cover nonpayments to both the County and HCSD as well as what it says about the underlying health of the city economy.<br />John K. Friedmanhttps://www.blogger.com/profile/05658184081506566069noreply@blogger.comtag:blogger.com,1999:blog-5723709701684173708.post-52731601406553274742021-11-11T11:24:15.397-05:002021-11-11T11:24:15.397-05:00As Gossips has reported elsewhere, ARPA funds are ...As Gossips has reported elsewhere, ARPA funds are being used to close the gap between revenue and expenditures in 2022. It was never clear exactly what that number was, but it was less than $300,000. They will be able to do the same thing for 2023. It appears it's 2024 that we need to worry about. Carole Osterinkhttps://www.blogger.com/profile/16010623982526286408noreply@blogger.comtag:blogger.com,1999:blog-5723709701684173708.post-72130338310695657372021-11-11T11:14:37.633-05:002021-11-11T11:14:37.633-05:00Happy to hear they are keeping the tax levy the sa...Happy to hear they are keeping the tax levy the same, but how much of this year’s budget is being paid with one-time federal covid support and how will that be accounted for next year? Union Jackhttps://www.blogger.com/profile/00202329176999159989noreply@blogger.comtag:blogger.com,1999:blog-5723709701684173708.post-20346420057832890682021-11-11T11:13:41.608-05:002021-11-11T11:13:41.608-05:00Does fiscal stress measure the property and school...Does fiscal stress measure the property and school tax burden relative to AMI? Perhaps the mayor knows. John Kanehttps://www.blogger.com/profile/03300676479057228139noreply@blogger.com