Quoted from mikechristine1

Over 3,000 EXISTING vacant residential units and they are stealing from the taxpayers to create more apartments with rental costs that will be more than twice what you can own a house for---and ownning a house you have an asset instead of just throwing money away.

How many dwellings are in the city anyway?

Quoted from JackBauer

How many dwellings are in the city anyway?

There are, ball park, 22,000.   I base this on the assessment roll.  There's just under 10,000 one family houses, just a few over 5,000 two family houses, and just under 500 three familiy houses.   The city doesn't list 4+ apartment buildings in an easy means for the taxpayers to know the answer to your question, you know, the "keep it hush hush" mentality of the dems.  

How in the hell does one of the highest taxed counties in the country be almost broke???? WTF!!!

Schenectady's streets should be clean, maintained and paved in gold. Crime should be at a minimum. Demand should be higher than the supply for home buyers. Home values should be soaring. The school system should be the best in the state. Demand should be higher  than the supply for private businesses/retail. Not ONE parcel should be vacant.

What the hell????

Draw your own conclusions!

Quoted from mikechristine1

There are, ball park, 22,000.   I base this on the assessment roll.  There's just under 10,000 one family houses, just a few over 5,000 two family houses, and just under 500 three familiy houses.   The city doesn't list 4+ apartment buildings in an easy means for the taxpayers to know the answer to your question, you know, the "keep it hush hush" mentality of the dems.  

I can post the whole breakdown tomorrow for all 2 plus units. It took me a long time copying and pasting from the pdf to excel but I have all the breakdowns on my computer but not this phone.

Quoted Text

City's big payment leaves little money
Schenectady faces tough financial year ahead after $1M outlay to the county
By Lauren Stanforth
Published 09:02 p.m., Sunday, March 4, 2012
  

SCHENECTADY — The $1 million payment to the county last week for back taxes, which depleted the city's fund balance to just $75,000, has cast a shadow over what spending in the city will look like in 2013.

Add to that the estimated $3.7 million bill that is soon due to the city school district, also for back taxes, as well as a 17 percent cut in federal community development block grant money, and the budget forecast looks grave.

But city officials say all is not lost, citing other revenues they hope will trickle in — namely a renegotiation that must occur with the county on how much the city of Schenectady receives in sales tax revenue.

The city agreed to pay the county $1 million last week after the county threatened to sue over a policy put in place under former Mayor Brian U. Stratton, in which the city decided it no longer had to make the county whole on unpaid property taxes. The city's law office recently confirmed that City Council did not pass the legislation in time to apply the policy to 2011 taxes.

But as a result of the unbudgeted payment, the city's "rainy day" fund is now almost at zero. It has at least another estimated $5 million in restricted reserves, but that money is saved for emergencies, like unexpected worker's compensation claims.

New York state only requires that a municipality keep enough cash on hand to get through one or two months of bills and payroll.....................>>>>.......................>>>>......................Read more: http://www.timesunion.com/loca.....44.php#ixzz1oF8oDLMh

Quoted from mikechristine1

There are, ball park, 22,000.   I base this on the assessment roll.  There's just under 10,000 one family houses, just a few over 5,000 two family houses, and just under 500 three familiy houses.   The city doesn't list 4+ apartment buildings in an easy means for the taxpayers to know the answer to your question, you know, the "keep it hush hush" mentality of the dems.  

To follow this chart, first column is Owner then Unit Size then number those units in the city, then average assessment of those unit types and then total assessment units times average assessment.

25% of the 4+Unit buildings are Section 8 housing.  They do pay taxes though.  Just thought it was high ratio.  

Owner     Units     Count     Total Units     Ave. Assessment     Total Assessment
City Owned     4     1     4     $65,200     $65,200
City Owned     5     1     5     $85,900     $85,900
City Owned     6     1     6     $112,000     $112,000
City Owned     9     1     9     $197,100     $197,100
City Owned     14     1     14     $125,000     $125,000
Private     4     351     1404     $133,180     $46,746,100
Private     5     73     365     $158,399     $11,563,100
Private     6     66     396     $200,723     $13,247,700
Private     7     20     140     $232,015     $4,640,300
Private     8     28     224     $273,057     $7,645,600
Private     9     9     81     $302,389     $2,721,500
Private     10     11     110     $366,918     $4,036,100
Private     11     4     44     $263,150     $1,052,600
Private     12     18     216     $412,656     $7,427,800
Private     13     3     39     $431,567     $1,294,700
Private     14     1     14     $622,600     $622,600
Private     16     5     80     $372,460     $1,862,300
Private     17     1     17     $100,000     $100,000
Private     18     2     36     $886,700     $1,773,400
Private     19     1     19     $435,800     $435,800
Private     20     1     20     $866,400     $866,400
Private     21     2     42     $670,800     $1,341,600
Private     22     1     22     $598,800     $598,800
Private     24     2     48     $1,168,200     $2,336,400
Private     34     1     34     $1,086,300     $1,086,300
Private     36     1     36     $1,248,500     $1,248,500
Private     38     1     38     $1,353,000     $1,353,000
Private     61     1     61     $1,851,500     $1,851,500
Private     64     1     64     $2,830,100     $2,830,100
Private     102     1     102     $3,407,800     $3,407,800
Private     120     1     120     $3,138,300     $3,138,300
Private     122     1     122     $4,069,700     $4,069,700
Private     136     1     136     $4,074,800     $4,074,800
Private     148     1     148     $4,346,200     $4,346,200
Private     160     1     160     $4,372,800     $4,372,800
Private     168     1     168     $5,766,100     $5,766,100
Section 8     4     2     8     $269,400     $538,800
Section 8     19     1     19     $460,000     $460,000
Section 8     30     1     30     $1,446,800     $1,446,800
Section 8     49     1     49     $1,457,200     $1,457,200
Section 8     50     1     50     $2,892,300     $2,892,300
Section 8     83     1     83     $2,548,000     $2,548,000
Section 8     220     1     220     $5,601,300     $5,601,300
Section 8     248     1     248     $8,312,700     $8,312,700
Section 8     292     1     292     $9,919,400     $9,919,400
Section 8     295     1     295     $9,836,200     $9,836,200
Union College     4     1     4     $148,900     $148,900
Union College     5     1     5     $233,200     $233,200
Union College     6     1     6     $245,900     $245,900
Union College     9     2     18     $267,050     $534,100

Quoted from bumblethru

How in the hell does one of the highest taxed counties in the country be almost broke???? WTF!!!

Schenectady's streets should be clean, maintained and paved in gold. Crime should be at a minimum. Demand should be higher than the supply for home buyers. Home values should be soaring. The school system should be the best in the state. Demand should be higher  than the supply for private businesses/retail. Not ONE parcel should be vacant.

It's called working together! The City is being run into the ground by fiscal incompetents. The smart ones all moved into Town Hall for bigger salaries. Instead of cutting the bloated City budget the rubber stamps actually spent $50,000 more. And two of the worst got re-elected.

WHAT IS THIS ABOUT?

COMMITTEE MEETING NOTICE
FOR Monday, @ 5:30 PM March 5, 2012 ROOM 110
The Council President reserves the right to add or delete any agenda item prior to Committee Meeting.

HEALTH & RECREATION
1. Woodlawn Park Study Discussion – Gary Hughes, Spero Zoulas

CITY DEVELOPMENT & PLANNING
1. St. Patrick's Resolution -
2. CPH-Land Bank Ordinance - Steve Strichman

GOVERNMENTAL OPERATIONS
1. PH Discussion - Ethics - John Polster
2. Recognize March as Red Cross Month -
3. FOIL Program-"GOVQA" - John Polster

Public Safety
1. Open Container Waiver - Bombers Burrito Bar - Denise Brucker

Public Service & Utilities
1. Revocable Permit - Key Bank - Carl Olsen

CLAIMS
1. Art. 7 1875 State Street - John Polster
2. 115 Broadway - John Polster
3. 832 Grant Ave. - John Polster
4. Proctors v. City - John Polster

Revenues trickling in? Renegotiate sales tax formula? Anyone care to research info on how the current agreement was arrived at?  Apparently the other guy that was running for Mayor was telling the truth about the finances, not quite enough cared. 75k, good thing the cops didn't get their new trucks and cars, we'd be down to about 0k. Or did they get them?

Add another name to the "enemies list." Welcome Dirt2.

welcome Dirt2

Here's to hoping hamburg or another aka attacks me, instant charter membership on the enemie's list. Especially since I brought up the fine public servants. I should probably be thrown in jail eh hamburg?

Quoted from Dirt2

Revenues trickling in? Renegotiate sales tax formula? Anyone care to research info on how the current agreement was arrived at?  Apparently the other guy that was running for Mayor was telling the truth about the finances, not quite enough cared. 75k, good thing the cops didn't get their new trucks and cars, we'd be down to about 0k. Or did they get them?

It is hard to find 'enough to care' when 60% of the electorate is on schenectady's lucrative entitlement programs!  The folks that do care 'did' vote for the other guy! This is what happens when the liberals 'create and invite an illiterate, lazy, dumbed down society' to reside here!!! they would lose power otherwise.

dependency is making us a slave state

Quoted from GrahamBonnet

dependency is making us a slave state

Uh....yup!