Westchester faces over $32 million deficit

Facebook
Twitter
LinkedIn
Email
Print

WHITE PLAINS – The County of Westchester ended 2017 with a general
fund operating deficit of close to $32.2 million.

County Executive George Latimer blames it on the budgetary practices of
the previous administration. “These policies and decisions have
created a fiscal mess for Westchester County,” he said.

Latimer said the deficit had been presumed for the last few months noting
the former administration of Robert Astorino budgeted $15 million in revenue
tied to the long-term sale of the county airport.

Latimer said the prior administration also negotiated and closed county
employee bargaining unit contract settlements, the costs of which were
not fully budgeted. At the same time, he said the prior administration
failed to come to agreement with the CSEA – the largest employee
union – extending their period without a contract to seven years.
“This is a huge expense to the county with no provision in the 2018
budget,” Latimer said.

The county executive said his administration will develop a game plan
to address the current shortfall for 2017 and 2018, as they address the
2019 spending plan.

“We will be reaching out to meet directly to the bond rating agencies
to deliver a plan for addressing the elements of the current situation,”
Latimer said. “We will speak with the governor and the state legislature
to outline the assistance we need from their authority to get us through
this period.”

 




Popular Stories