Good News! Bipartisan 'No Tax Increase' Budget Passes in Westchester
DECEMBER 17, 2015
WCA to Serve as a Watchdog in 2016
As many of you know, on Monday, a bipartisan coalition of lawmakers passed a "no tax increase" 2016 Budget for Westchester County. We applaud County Executive Rob Astorino and Chairman Mike Kaplowitz and his colleagues in the County Legislature on working together in a collaborative way to avoid what might have become a fiscal disaster.
But, the budget has some serious structural issues we're watching. As pleased are we are with the collaborative effort, we are concerned that lawmakers have elected to borrow (albeit a smaller percentage) from the Reserve Fund to cover operating expenses. Further, we don't think the new budget addresses systemic issues of healthcare costs, future borrowing, and sales tax projections
Westchester County legislators at WCA headquarters meeting on 2016 budget.
WCA will serve as a watchdog in 2016
The WCA and its members held multiple discussions with Westchester lawmakers during the budget process. The input and concern our members provided during the budget process were invaluable. Going forward, we are assembling a task force to monitor the budget progress to ensure we create an environment that enables Westchester to be a good place to attract and retain business.