New York Real Estate values continue to erode while many area's launch a nice comeback according to an article published in USA Today.Read more
Over the past 15 years I have been employed in both the finance sector on Wall Street and as a Finance Director at a Fortune 40 Corporation. At present, I serve as the CFO of a Westchester-based non-profit. Academically, I have multiple graduate degrees—in financial economics, public administration and American history. I mention this because it is relevant on two fronts. Firstly, I am both educated and extensively experienced to the nuances of large-scale budgeting, general management (both private and public) and the policies that impact them. Secondly, I am the paradigm resident who bears much of the burden of the New Rochelle budgeting process. While I enjoy very much hearing about how national and local politicians are constantly "working for the middle class," I write this letter as an established middle-class member. As such, I am demanding that the City Council execute the following initiatives so as to truly “work” for us.
2) Publicly remand and striking from the record of inflammatory September 2012 comments made by the Citizens’ Panel for Sustainable Budgets regarding residents’ acceptance of taxes and decreased services as serving some “higher public purpose.”Read more
ALBANY, NY -- The New York State Department of Taxation and Finance today announced the additional extension of certain tax filing and payment deadlines for taxpayers directly affected by Hurricane SaRead more
Leah Rae of the Journal News is reporting that Port Chester officials are finding it is not a simply matter to charge residents a sewer fee. New Rochelle Mayor Noam Bramson is seeking to institute a similar fee in New Rochelle.
Rae reports that like New Rochelle, sewer costs were paid by the City as part of the overall municipal budget. The latest idea in municipal finance, driven by Andrew Cuomo's Property Tax Cap (actually, a law to cap property tax growth at 2% or the rate of inflation), is to shift municipal costs out of the budget, supported primarily by property taxes, and into fees which can be assessed non-profits and other businesses and residents that do not pay property taxes.
Like New Rochelle, Port Chester gets its water from a Suez/United Water subsidiary company.Read more
New Rochelle Board of Education Meeting on August 28, 2012. Discussion Item: Echo Bay Development.
In attendance, Schools Superintendent Richard Organisciak, Board of Education President Chrisanne Petrone, Board of Education Vice President Deidre Polow, Board of Education Members David Lacher, Jeffrey Hastie, Valerie Orellana, Rachel Relkin, Naomi Brickell, and Mary Jane Reddington.
ORGANISCIAK: OK. Echo Bay. Who would have ever thought that we would be talking about Echo Bay in the educational part of this building? Echo Bay proposal…uh…we were invited...
PETRONE: Yeah, I was. Richard had reached out to me. I was invited to go to a meeting. I was obviously out of the country as was Dee so I had asked Rachel to kind of go to the meeting on behalf of me and Dee and just gather information so I am sure you can give us update but Rich if you can talk a little about that.Read more
Are we selling off yet another City Owned Property that has been poorly managed and cared for, for how much and why?
I didn’t even realize it was owned by the city. There is some great work going on in that area and I sure hope this is part of the plan and we see the true value for that property.
I saw this today when I received an e-mail from the city because I have subscribed to Current Bids & RFPs on www.newrochelleny.com which sends out updates and new items. If you go to the city web site you can sign up to get information sent to you on several different items. Just go to the city site and click on the "Notify Me" heading on the lower left hand side of the page and you can sign on to receive e-mails on many different important things going on in the city.I see these things because I subscribe. What about the citizens that don't. We need to develope a better way to let the community know what is being done with our tax dollars.Read more
I have heard several people suggest that the Larchmont tax exemption request is no big deal because it amounts to “only” $38,000 each year. To them I ask, do you want to give $38,000 every year to Larchmont? How about Rye, or Scarsdale, or Pelham? And if so, why?
It is a trick to compare the $38,000 against a budget of $230 million in order to “prove” that is such a small number as to not matter at all. But it matters enormously.
Every year many New Rochelle residents go to City Hall to contest their property taxes, arguing that their homes are overvalued. And in many cases, their assessments are lowered and they owe New Rochelle less in taxes. But that does not mean that New Rochelle receives less tax revenue. It means the tax burden is then reapportioned among the other residents.Read more
County Executive Rob Astorino Addresses the New Rochelle Republican City Committee
Westchester still has the highest taxes in the Country despite efforts by County Executive Rob Astorino to pare down the budget. Astorino said he along with Republicans on the County Board of Legislators were doing their part to hold the line and keep costs down. But because of mandated Medicare and pension costs, savings had to be sought elsewhere in the budget. An "overly aggressive Federal Government," he said, has been pushing for a housing settlement by trying to get the County to change the zoning. The Federal government is also trying to force landlords to accept Section 8 housing. He also spoke of the recent court decision on this housing and cited Nan Hayworth as the only elected official helping the County.
An interesting question by John D'Alois was posed. He asked how the County came to withdraw from ICLEI. Astorino answered that after his appearance on the Sean Hannity show he was flooded with emails about the central planning and zoning by the UN. The money funding for ICLEI was stopped.