Ashland
Ashland, NY · Municipal
WRGB
City of Albany taking out $10 million loan to pay City workers as cash flow dries up
What is the Revenue Anticipation Note (RAN) issued by Albany?. Albany — In the midst of a budget crisis, the City of Albany is taking out a $10 million "Revenue Anticipation Note" to avoid missed paychecks for City employees. Darius Shahinfar, Treasurer of the City of Albany, tells CBS6...
wamc.org
Albany Common Council mulls rule changes after city issues $10 million loan
The Albany Common Council is considering changes that would require the city treasurer to notify them — or seek council approval — before issuing short-term loans. The move comes after the City Treasurer's Office announced it would issue $10 million in short-term loans to cover expenses through the end of the year as the city faces a shortage of cash. The treasurer's notice to potential investors surprised some members of the Common Council, who say they weren't properly consulted.
suncommunitynews.com
Cashman attends Small Business Hearing in Albany
ALBANY | Assemblyman Michael S. Cashman (D-Plattsburgh) attended a legislative hearing in Albany Tuesday morning on the impact and effectiveness of economic development programs that were funded in this year’s state budget. “Throughout the duration of my recent municipal tour, I have been able to sit down and speak...
Mid-Hudson News Network
altamontenterprise.com
‘Bare bones’: Knox poised to raise taxes for first time in a decade, piercing state-set cap
KNOX — Supervisor Traci Delaney, drafting her first Knox budget, is faced with piercing the tax cap. “I went back 20 years with the tax collector and we could not find where taxes had been raised in the last 20 years,” Delaney told the town board on Nov. 4 when all four members of the board who were present voted to adopt a preliminary budget of 2027.
WRGB
Former Assembly Majority Leader Ron Canestrari dies at 83
COHOES, N.Y. (WRGB) — Former New York State Assembly Majority Leader Ron Canestrari has died. Canestrari, a Democrat, served the 106th Assembly District from 1989 to 2013, including time as Assembly Majority Leader. Canestrari also served four terms as Cohoes mayor. Current Cohoes Mayor Bill Keeler says flags will...
NEWS10 ABC
More than half of Troy’s proposed budget goes to public safety, mayor says
Troy city leaders are taking a closer look at next year's budget with a focus on public safety. The proposed 2027 budget includes more than $130 million in spending, and on Monday night, city council members were reviewing how much money is going toward police and fire services. NEWS10's Tyanna Xavier was in Troy with what was being discussed.