Albany City Treasurer Darius Shahinfar and Chief City Auditor Susan Rizzo will be running in Tuesday’s Democratic primary to replace retiring Albany County Comptroller Michael Conners on the ballot this fall.
The tax rate will decrease from $4.65 percent per $1,000 of assessed valuation to $4.50, making the effective tax rate 3 percent lower than it was in 2016.
Town officials have been aware of a deficit in the water district fund for years, but continued with its budgeting practices into 2014, the audit report found, and the town's court did not conduct several basic, documented accounting practices.
A third of the Suburban Council school districts, typically thought of as wealthy, are deemed by the state comptroller to be susceptible to fiscal stress, part of a statewide trend as taxes are capped and property values stagnate.
