Cortland County’s Budget and Finance Committee met Tuesday (October 15) afternoon for their first official review as a group of the tentative 2020 budget, which Chairman Kevin Whitney released at a special meeting last week.
So far, Legislators have yet to propose any changes or alternatives to avoid a 7% tax lexy increase recommended by Whitney to cover a $2.4M rolling deficit.
The committee on Tuesday passed through Chairman Whitney’s recommendation to exceed the state tax cap, which will now require a supermajority vote of 60% of the full legislature to do so.
Committee members have indicated they’d still prefer trying to find ways to avoid doing so, but so far no suggestions have been brought forward. In case it’s needed, they approved the measure to lift the cap by a 5-1 tally.
Another special Budget & Finance meeting has been scheduled for Tuesday at 4 p.m. to continue the discussion.
A public hearing on the budget has also been set for the October 24 legislative session.