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Finance Committee Allocates $1 Million for 2024 Road, Bridge, and Culvert Program

Following a comprehensive review of budget accounts, the Cattaraugus County Legislature Finance Committee made the decision on November 15 to add $1 million to the 2024 road, bridge, and culvert program. This decision comes as part of the 2024 capital program, which initially included $22.5 million for road, bridges, and culverts, along with $4.2 million for buildings and grounds. This represents a $7 million reduction compared to the budget allocated for both programs in the current year.

Finance Committee Chairman, Andrew Burr, R-Gowanda, expressed that the $289.7 million spending plan for 2024 was “tight”, citing $7 million in new unfunded state mandates as the reason behind the cut in capital programs. These mandates include $3.2 million in FMAP Medicaid funding proposed to be withdrawn by Gov. Kathy Hochul, $1 million in new funding for legal defense of indigents, a $1 million loss in property foreclosures, and $500,000 for drug treatment for jail inmates.

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The allocation of $1 million in new capital funding from the countyÔÇÖs general fund balance was a strategic move to address the funding gap. Additionally, a change was made to the tentative budget presented by County Administrator Jack Searles, where $77,341 was restored to the Olean Airport improvement account.

Furthermore, the tentative budget was noted to contain no revenue from tribal casino funds, and despite this, Searles expressed optimism about the economy, projecting $1.9 million in next sales tax receipts in 2024.

The tax levy, or the amount to be raised by property taxes, saw an increase of $2.3 million in the 2024 budget, totaling $57.5 million. Despite this, the property tax rate remained in check due to a 17% increase in the assessed value of property in the county. The full value tax rate is expected to decrease by 10.7% in 2024, with projected revenues set to increase by $13 million.

A public hearing on the amended tentative budget was held in the James J. Snyder Legislative Chamber to address any concerns or feedback from the community.

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