public finance

WASHINGTON (TNS) — In Donald Trump’s speech, personalities loomed large. Whether it was George Washington’s second best presidency or Elon Musk’s bril...

The changing fiscal landscape could hinder local governments’ budgets, New York State ComptrollerThomas P. DiNapoli warns in his recent report. The co...

Senior citizens are reminded that the deadline to apply for greater property tax savings through New York state's Enhanced STAR property tax exemption...

OLEAN — City council members are considering changing a part of the budgeting process to avoid sales tax shortfalls in the future. The Common Council’...

Social Security benefits may see an adjustment in 2026, with the latest projection indicating the 2026 cost-of-living adjustment is estimated to be ar...

SALAMANCA — For the first time in four years, members of the public spoke at the city of Salamanca’s hearing for the 2025–26 budget. The Common Counci...

OLEAN — The city will spend less money in the next fiscal year but raise property taxes over the state-mandated tax cap under a proposed spending plan...

OLEAN — City officials expect to cover a sales tax shortfall by using overtime to cover open positions and reviewing all purchases. Mayor Bill Aiello ...

WASHINGTON (TNS) — Social Security’s deep popularity among voters has earned it a reputation as the third rail of politics, meaningCongressis afraid t...

The federal deficit will be $21.1 trillion in the 10-year period from 2025 to 2034, according to projections in the Congressional Budget Office’s bian...

SALAMANCA — The Salamanca Common Council has passed a nearly $12 million city budget for the 2025–26 fiscal year that includes an increase to the tax ...

SALAMANCA — With the district-wide vote less than three months away, the Salamanca City Central School is beginning to shape its preliminary numbers f...

DEAR RUSTY: I have reached my full retirement age (66 plus 8 months) and plan to apply for Social Security this month, but I've seen articles that say...

A newly proposed state mandate causes yet more consternation out of Albany under which the state Fire Prevention and Building Code Council would requi...

Most area sales taxing bodies saw lower receipts in 2024 than in 2023, the state's fiscal watchdog reported, and all reported December collections low...

DEAR RUSTY: Why were the Social Security funds moved from the Social Security account to the General Fund with the government? Is it not then called a...

SALAMANCA — For the first time since 2022, the Common Council is considering a city budget with a property tax increase. With tentative appropriations...

OLEAN — A spending and hiring freeze across city government has been triggered by six-figure sales tax losses. In a letter obtained by the Times Heral...