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City News

Posted on: September 15, 2022

Cohoes Mayor Bill Keeler Releases 2023 Budget Proposal -1% Property Tax Cut - First Reduction

Budget Cover 2023 proposed

Cohoes, NY (September 15, 2022) – Cohoes Mayor Bill Keeler today released his proposed 2023 city budget. The $25.9 million budget proposal, includes:
• 1% reduction in the property tax rate
• No increase in sewer or water rates
• Full staffing of all city departments; and
• Decrease in spending from the General Fund adjusted 2022 city budget.
“Inflation has exacted a toll on our purchasing power, but we prepared for that possibility when we implemented our Tax Stabilization Plan one year ago. As a result of that planning – as well as an increase in sales tax revenue and savings generated from our recent LED streetlight rollout – we’re able to cut property taxes,” Mayor Bill Keeler said. 

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