Oneida County finishes 2011 with $6 million surplus
By: Jennifer Lee
Updated: April 19, 2012
Oneida County officials say their commitment to fiscal stability helped the County finish the 2011 year with a $6 million surplus.
According to County Executive Anthony Picente, the surplus is a result of many tough choices and decisions made by his administration over the past four years.
But, Oneida County Comptroller Joseph Timpano says the surplus doesn't mean everything is back on track.
"This is to get up to a level where we can maintain for the future. Like the county executive mentioned we still have a lot of burdens out there like the 2 percent tax cap and retirement always increasing," explained Timpano.
The County Executive has written a letter in hopes of the Board of Legislators to adopt five different measures to insure that the County maintains its fiscal stability.
