Mechanicville’s Finances Vastly Improved – by T. Mahoney

MECHANICVILLE- City Finance Commissioner Jodie Gilhean released the Treasurer's Report for August 2014. Currently the city has $888,691 cash in hand. The balance at the end of August 2013 was $80,372. Based on those figures the State had declared Mechanicville to be one of the most fiscally stressed communities in New York State.

Read the entire article in the Oct. 2 issue of the Express.

City Adresses $ Problems – by Harold Wessell

MECHANICVILLE, January 16th At the first City Business Meeting of the year, Finance Commissioner Jodie Gilheany reported in part that she did a calculation on the salary increases that were in the budget passed at the end of the year, and knew she wasn't happy with the 3 percent increase for the non-contractual personnel. The cost of the new CSEA contract with fringes was $17,302 and the cost of the non-cractual increases $15,042; which totals $32,343. "And the only extra money we had in the budget was $25,000. Therefore we have to find a way to make up another $7,300." She indicated she would work up some numbers, and would like the Council to consider increasing the percentage that the employee’s non-contractual pay toward their health insurance and of course the dental plan. "We have to cover this somehow."

Entire article in the January 23, issue of the Express.