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Finance

13 Stories
Posted on: November 2, 2023

City To Digitize More Historical Records

Historical Documents website

City officials announced today they have received a $50,000 grant from the New York State Archives and are embarking on an initiative to digitize historical records.

The city secured the grant through the Chamberlain’s office, which is responsible for the ...

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Finance
Posted on: August 31, 2023

City's Fiscal Condition Improves: Comptroller

Poughkeepsie seal

City officials have been notified by the Office of the State Comptroller that this year’s preliminary “Fiscal Stress Score” has improved from “Significant Fiscal Stress” to “Susceptible to Fiscal Stress.” The two-step improvement in the Comptroller’s rati...

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Finance
Posted on: January 23, 2023

Council Members Participate in Training

Poughkeepsie seal

Common Council members recently participated in key training programs hosted by the city’s Corporation Counsel, Development, and Finance departments.The members received more insights on the city’s planning and zoning laws and budgetin...

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Finance
Posted on: March 2, 2022

City Creates New Website Providing Insights and Easy Views of Budget

The city has launched a website providing the public with easy ways to look at the approximate $103 million budget and its various components, as well as offering new insights on vital demographic information in the city.

The website features graphics and ...

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Finance
Posted on: October 15, 2021

Mayor Rolison Releases Proposed 2022 Budget

Poughkeepsie placeholder

Mayor Rob Rolison announced today that, despite considerable fiscal challenges related to the COVID-19 pandemic, his 2022 preliminary budget stays under the state’s property tax cap, lowers the tax rate, bolsters youth services and maintains other essenti...

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Finance
Posted on: August 16, 2021

Pandemic Takes Toll on City of Poughkeepsie Finances, City Confident of Stabilization Going Forward

Bridge in autumn

Subject to finalization of the annual audit, city officials announced the 2020 general fund deficit was $938,816, directly related to the effects of the Coronavirus Pandemic.

Mayor Rob Rolison said strong fiscal measures were taken early enough in the cour...

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Finance
Posted on: September 23, 2020

City of Poughkeepsie Receives Annual Fiscal Grades from Office of State Comptroller

The City of Poughkeepsie announced today that it has received its annual fiscal stress grades from the Office of the State Comptroller. For the year ending December 31, 2019, the City received a rating of “significant fiscal stress” and a rating of “moder...

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Finance
Posted on: April 21, 2020

City to Permit Partial Payments on Real Estate Taxes; Amendment Moves to Common Council for Approval

City leaders have announced an initiative to amend the City’s Tax Code to permit partial payments on real estate taxes. Councilmembers Natasha Cherry (D-6th Ward) and Yvonne Flowers (I-5th Ward), both members of the City’s Finance Committee and sponsors o...

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Finance
Posted on: January 15, 2020

Poughkeepsie Names New Finance Commissioner to Succeed Brady

City of Poughkeepsie Mayor Rob Rolison announced today that Brian Martinez has been selected to succeed William Brady as the City’s Commissioner of Finance. Brady is retiring at the end of January.

Brady served in Mayor Rolison’s admini...

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Finance
Posted on: April 21, 2020

City to Permit Partial Payments on Real Estate Taxes; Amendment Moves to Common Council for Approval

City leaders have announced an initiative to amend the City’s Tax Code to permit partial payments on real estate taxes. Councilmembers Natasha Cherry (D-6th Ward) and Yvonne Flowers (I-5th Ward), both members of the City’s Finance Comm...

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Finance
Posted on: September 23, 2020

Poughkeepsie Receives Annual Fiscal Grades from Office of State Comptroller

The City of Poughkeepsie announced today that it has received its annual fiscal stress grades from the Office of the State Comptroller. For the year ending December 31, 2019, the City received a rating of “significant fiscal stress” an...

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Finance
Posted on: October 28, 2021

City Creates Website Devoted To American Rescue Plan Act

People working at a laptop

Mayor Rob Rolison has announced the creation of a website that enables the public to find out more about the federal American Rescue Plan Act, provide important feedback and track the city’s use of these funds.

The city has been awarded a total o...

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Finance
Posted on: March 15, 2022

City’s Share of County Sales Tax to Increase Under New 10-Year Agreement

City of Poughkeepsie logo

The cities of Poughkeepsie and Beacon and Dutchess County have reached a new 10-year agreement governing the distribution of sales tax by the county to cities and towns. 

The agreement was recently approved by the Beacon City Council and was appro...

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Finance