Syracuse's fiscal 2025 audit drew an unmodified opinion and one state compliance finding, a $359,214 Culinary Water Fund budget overage. The council adopted a fiscal 2027 budget with no property tax increase and planned to cover a remaining $330,000 gap from reserves.
An Oct. 13 Redevelopment Agency packet proposes selling 1.526 acres near Founder's Park to CT Eatz Holdings LLC for an El Matador restaurant. After credits the buyer would pay $858,647 in cash, and a separate agreement would rebate part of the project's tax increment for up to 10 years.
An Oct. 13 Redevelopment Agency packet proposes selling 1.526 acres near Founder's Park to CT Eatz Holdings LLC for an El Matador restaurant. After credits the buyer would pay $858,647 in cash, and a separate agreement would rebate part of the project's tax increment for up to 10 years.
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The City Council approved a lease-purchase on Sept. 8, 2026 for a $1.2 million fire engine and a $600,000 water tender, paid in five annual installments at a fixed 4.55%, according to the council's minutes.
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Syracuse's Municipal Building Authority authorized up to $11 million in refunding bonds on Sept. 8, 2026 to refinance the 2023 bonds that paid for Fire Station 32. Staff told the council that estimated savings had fallen to about $500,000 and recommended pausing the refinancing itself.
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In April 2025 the Redevelopment Agency board unanimously denied a developer's request to amend the EOS gym's tax-increment rebate agreement. Staff had reported that footings were not finished by the agreement's deadline and that the permitted pool was smaller than the agreement required.