News Flash

Finance

7 Stories
Posted on: October 15, 2021

Mayor Rolison Releases Proposed 2022 Budget

Poughkeepsie placeholder

Mayor Rob Rolison announced today that, despite considerable fiscal challenges related to the COVID-19 pandemic, his 2022 preliminary budget stays under the state’s property tax cap, lowers the tax rate, bolsters youth services and maintains other essenti...

Read on...

Featured News
Posted on: August 16, 2021

Pandemic Takes Toll on City of Poughkeepsie Finances, City Confident of Stabilization Going Forward

Bridge in autumn

Subject to finalization of the annual audit, city officials announced the 2020 general fund deficit was $938,816, directly related to the effects of the Coronavirus Pandemic.

Mayor Rob Rolison said strong fiscal measures were taken early enough in the cour...

Read on...

Finance
Posted on: September 23, 2020

City of Poughkeepsie Receives Annual Fiscal Grades from Office of State Comptroller

The City of Poughkeepsie announced today that it has received its annual fiscal stress grades from the Office of the State Comptroller. For the year ending December 31, 2019, the City received a rating of “significant fiscal stress” and a rating of “moder...

Read on...

Finance
Posted on: April 21, 2020

City to Permit Partial Payments on Real Estate Taxes; Amendment Moves to Common Council for Approval

City leaders have announced an initiative to amend the City’s Tax Code to permit partial payments on real estate taxes. Councilmembers Natasha Cherry (D-6th Ward) and Yvonne Flowers (I-5th Ward), both members of the City’s Finance Committee and sponsors o...

Read on...

Finance
Posted on: January 15, 2020

Poughkeepsie Names New Finance Commissioner to Succeed Brady

City of Poughkeepsie Mayor Rob Rolison announced today that Brian Martinez has been selected to succeed William Brady as the City’s Commissioner of Finance. Brady is retiring at the end of January.

Brady served in Mayor Rolison’s admini...

Read on...

Finance
Posted on: April 21, 2020

City to Permit Partial Payments on Real Estate Taxes; Amendment Moves to Common Council for Approval

City leaders have announced an initiative to amend the City’s Tax Code to permit partial payments on real estate taxes. Councilmembers Natasha Cherry (D-6th Ward) and Yvonne Flowers (I-5th Ward), both members of the City’s Finance Comm...

Read on...

Finance
Posted on: September 23, 2020

Poughkeepsie Receives Annual Fiscal Grades from Office of State Comptroller

The City of Poughkeepsie announced today that it has received its annual fiscal stress grades from the Office of the State Comptroller. For the year ending December 31, 2019, the City received a rating of “significant fiscal stress” an...

Read on...

Finance