May 27, 2013
Rensselaer County reports $3.3M surplus
Funds will go toward pension expenses, county reserves By Kenneth C. Crowe II Published 10:32 pm, Wednesday, May 22, 2013
Troy - Rensselaer County closed out its 2012 budget with a $3.3 million surplus after paying $1.1 million in unbudgeted legal costs, County Executive Kathleen Jimino said Wednesday.
The county paid about $500,000 for legal expenses for the Troy ballot fraud case and about $600,000 to settle the Hudson River-Black River Regulating District lawsuit.
Jimino said the $3.3 million remaining from 2012 county operations would be applied to county reserves and to pay pension costs.
The county budget reserves will grow to $10.5 million with the application of $300,000. The remaining $3 million will be applied to the county's pension expenses. Jimino said the county's positive financial situation is due to her "administration's actions in making the tough decisions to maintain a stable and affordable tax rate."
County Legislature Chairman Martin Reid, R-Sand Lake, said the audit's findings showed the positive impact of county fiscal efforts.
"The audit is good news, and shows taxpayers the county is doing a very good job managing finances despite increases in mandates and a weak economy," Reid stated.
Jimino and the County Legislature are up for election this fall.
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Dead body found at Empire State Plaza
ALBANY, NY - New York State Police in Albany are investigating the death of a man found at the Empire State Plaza. Investigators tentatively identified the man as a homeless person.
According to State Police, troopers received a report that a body had been found outside agency 4 on the plaza. The cause of death is pending an autopsy which will be performed at a later date.
Authorities said the dead person had frequented the area of the plaza. They will not release the man's name until his family has been notified.
Cops: East Greenbush teen stole $50,000 worth of property
Thomas E. Slivienski
EAST GREENBUSH, N.Y. -- East Greenbush Police arrested a Cohoes teen Tuesday for allegedly stealing more than $50,000 worth of watches, jewelry and electronics from a local residence.
The property was reported stolen Monday night after the resident of a Muriel Avenue home discovered the theft.
May 24, 2013
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