LOCAL • INDEPENDENT • FREE Volume 14
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Issue 30
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July 24 – July 30, 2020
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saratogaTODAYnewspaper.com
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518- 581-2480
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Revenue Recap, Park Perks, Rapid Testing & A Big Resignation OCCUPANCY TAX
SALES TAX REVENUE
by Thomas Dimopoulos Saratoga TODAY
former levels immediately upon the reopening of our downtown,” city Finance Commissioner Michele Madigan told the council this week. “It is generally held that it will be months, if not years before the new economy establishes itself well. In addition social, behavioral and consumer changes due to closed businesses, widespread unemployment and other results of COVID-19 will continue to affect revenue collection well into the future.”
SARATOGA SPRINGS — As the city begins to move toward budget season – a 2021 budget must be approved by the end of November – the estimated revenues that will factor into that budget are anticipated at nearly $8 million less than was budgeted for 2020. “Even with the phased reopening, our city cannot expect revenues to rise to
See Story pg. 9
GOT CHANGE?
GREENBELT TRAIL Part of a Bigger Plan Coin Shortage Hits Home Town of Wilton
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SARATOGA SPRINGS — Members of the community should smash their piggy banks and collect change to deposit at local banks this upcoming month.
To help aid the nation-wide Town of Greenfield coin shortage or coin circulation disruption, the Adirondack Trust Company along with other banks have started an initiative to motivate the community to deposit coins. T S “Like other banks, we’re taking certain steps to be aware T S of what our positions are. There ! are certain things happening in retail all over the country that ! lots of different banks Town of are Milton responding to,” Patrick Reilly, chief marketing officer at à Adirondack Trust, said. See Story pg. 10 GE YS
by Opal Jessica Bogdan Saratoga TODAY
Town of Malta
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