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2020 Budget

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Oneonta Could Lose $2.5 Million In Revenue

Oneonta Could Lose $2.5 M From NY Cuts City Hall Can Absorb It, But Cuts Needed By LIBBY CUDMORE • Special To AllOTSEGO.com ONEONTA – With an estimated 20 percent cut to state aid, Oneonta could see a total loss in revenue of $2.5 million in 2020, City Hall’s Finance Director Virginia Lee told Common Council this evening. “With the number of events that have cancelled, I wouldn’t be surprised if we lose $2.5 million,” she said. Last week, Lee…