HILLSDALE–Covid-19’s impact on town and county finances plus road projects dominated business at the Hillsdale monthly Town Board meeting online July 14.
Town Supervisor Peter Cipkowski reported that Columbia County is projecting a $12-million budget shortfall this year due to lost revenue from lockdowns related to the pandemic. Mr. Cipkowski added that the actual shortfall as of mid-July is $6 million, noting that projections are “on target.” To help stanch a drain on county revenue, the supervisor said that county workers are being furloughed one pay period per month.
Mr. Cipkowski reported on other casualties of the financial pinch created by Covid 19:
• Hillsdale received no money from the state in May and June
• The tourism board did receive $20,000 but the amount represents only 20% of past state support.
• Hillsdale sales tax revenue is down by 4.6% or $1 million
• Current property tax delinquency is $1.3 million, the highest it has been since 2015. The delinquent properties include large commercial parcels. Read more…