Cohoes, NY (September 15, 2022) – Cohoes Mayor Bill Keeler today released his proposed 2023 city budget. The $25.9 million budget proposal, includes:
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.