SCHENECTADY, N.Y. – Mayor Gary McCarthy presented the State of the City address Monday night where he laid out his plan of what he hopes to accomplish in 2014.
Schenectady City Hall was a full house as an anxious crowd waited to hear from McCarthy. The mayor covered everything from the city's financial stability to the push to get more people living in Schenectady full-time.
McCarthy highlighted strides made in city policing with certain crimes down 13 percent in two years. He also wants to focus on problematic neighborhood shops.
"Some are really great places, and some are not so good for the city," McCarthy said. "They don't add much value to the city, so I either want to work with them or get them out of business."
McCarthy called the city's financial outlook stable.
"The city's finances are stable, but it's a challenge to keep them there," he explained.
McCarthy referenced the city's budget stating that the Electric City is in a much better place than it was a few years prior.
"We adopted a 2014 capital budget that is less 35 percent less than the 2013 capital budget," he continued.
McCarthy hopes that incentive will encourage more people to move to Schenectady full-time.
In addition, officials are also working with Union College graduate students to develop a capstone project that evaluates city leaders' decisions to determine what they're doing right and what needs improvement.
The students are developing a formal business plan to help market homeownership in the city of Schenectady.
Mayor McCarthy also said the 2013 general fund balance in Schenectady increased $1.4 million since 2011.