ALBANY, N.Y. - The 2013 executive budget for Albany County has been released Wednesday by County Executive Daniel McCoy, and it comes with what could be viewed as good news for some, and bad news for others.
County Executive Dan McCoy first outlined the fate of the Albany County Nursing Home, which was in jeopardy of being closed if the County Legislature could not override New York's 2% property tax cap. McCoy's budget proposes keeping the nursing home open. Albany County would work with Upstate Services Group, which oversees the operations of 11 state nursing homes, to help get the Albany County Nursing Home back on its feet.
"The letter of intent with Upstate Services Group will guarantee the nursing home stays open, and will save the taxpayer no less than $70 million over the next ten years," says McCoy.
McCoy's budget also proposes an 8.9% tax levy hike to help offset the cost of non-funded government mandated programs.
"To put that in perspective, a homeowner with a $200,000 home would see a property tax increase of about $60 per year or $5 per month."
McCoy says his budget is balanced, and would allow vital services in the county to continue.
The budget will be voted on in December and all changes must be accepted and approved by the County Legislature no later than December 8th.
The complete budget message and 2013 Executive Budget released the Albany County Legislature may be viewed at http://www.albanycounty.com/countybudget/2013/executive/