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Local News

March 20, 2013

Long details Oneonta finances

(Continued)

“He did a terrific job,’’ Miller said. The next step is to work on the multiyear plan, and to identify and meet the city’s financial and capital needs, he said.

Larry Malone, council member from the Second Ward and chairman of the council’s Finance Committee, also applauded Long’s work.

“It was a great representation, in terms of a summary of where the city is and the long-term challenges,’’ Malone said. Priorities are to meet costs associated in personnel expenses, and thus city services, and accelerate the timetable to improve the city’s infrastructure, he said.

The city already has accomplished street and other maintenance projects but has “many more needs,’’ including an aging water plant, Malone said. A major challenge with be dealing with limited means to increase revenues, he said.

Long’s report includes a summary of completed and in-progress projects and provides details on assessed property values in recent years. The data, he said, will be useful as the city prepares for “uncertain times ahead.”

 

 

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