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Treasurer Virginia Lee Provides Clarification on City Budget

Lee shared, “During 2019, $843,517.00 of the fund balance was used due to investing over $1 million into equipment needs. (In) 2020, the pandemic hit. Due to the leadership of the excellent department heads, over $2 million of expenses were delayed due to the unforeseen consequences of the pandemic, which meant that those delayed expenditures needed to be realized in the future.…
December 5, 2024

Standard & Poor’s Keeps Bond Rating For City Hall At Historical A-A- Level

Standard & Poor’s Keeps Bond Rating For City Hall At Historical A-A- Level ONEONTA – Standard & Poor’s has affirmed the City of Oneonta’s long-term rating of “AA-” on outstanding debt. Its report, dated April 9, states that the City of Oneonta, with its strong management and good financial policies and practices, has been able to earn this rating despite Oneonta’s weak economy.…
April 11, 2018

PUTTING THE COMMUNITY BACK INTO THE NEWSPAPER

For a limited time, subscribers to AllOtsego.com pay a reduced rate ($25.00 for one year) and can choose to have $5.00 of the subscription fee donated toward refurbishment of Otsego County’s Civil War Memorial.

Visit our “subscribe” page to sign up