The Syracuse Common Council announced on Monday that it will make amends to the city’s 2017-2018 budget to reflect $10 million in state funding for Syracuse schools and reducing spending in other areas.
Mayor Stephanie Miner said in a statement that she plans to veto the changes passed by the Common Council.
The new budget reduces police and fire overtime by $1 million each in order to accommodate 15 newly funded police officers. It also would cut funding to the Land Bank.
“Today’s disheartening actions from the Common Council demonstrate a lack of understanding for the serious challenges affecting the city of Syracuse. I will be vetoing the disingenuous and fiscally irresponsible budget passed today by the Council,” said Miner. “The Land Bank has repeatedly demonstrated its success revitalizing our neighborhoods, returning more than 450 tax delinquent properties back to the tax rolls. Its future is reliant upon the city’s continued support and our shared commitment of neighborhood revitalization.”
The city has funded Land Bank activities at $1.5 million for the past four years, and now that the Land Bank has “a healthy fund balance,” the city can put millions back into its reserves, the Common Council ruled.
The Common Council says that by putting $2 million back into reserves, the next mayor will have a $28 million safety net to provided a two-year window to “identify new sources of funding.”