Peekskill Mayor Frank Catalina Explains 'No' Vote On 2015 Budget

Peekskill Mayor Frank Catalina released a statement regarding the 2015 budget that was adopted during a meeting at City Hall on Monday, Dec. 1. Catalina and Republican Council Members Joe Torres and Vincent Vesce all voted "no" on a budget that called for a 2.2 percent property tax increase. "Peekskill's financial condition has worsened to the point where Moody's Bond Rating Agency recently downgraded the City's bond rating," Catalina said in a statement.

http://ift.tt/1zPj83K