ECONOMY IN CRISIS SECTION
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Saturday, November 21, 2009
Top Breaking It Down Story
$5.6 million dollars of stimulus funds come into Otsego County
RICHFIELD SPRINGS, N.Y. (WKTV) - The small village of Richfield Springs received a huge check on Friday from the American Recovery and Investment Act, otherwise known as the stimulus bill. Read more » More Breaking It Down Stories
Local governments receive more than $300,000 to improve records managementsHERKIMER & OTSEGO COUNTIES (WKTV) - Local governments and community organizations have received more than $300,000 to use toward improvements to records managements systems, State Senator James Seward said. Read more » 
Utica-Rome area bucking trends in latest unemployment numbers
 UTICA/ROME, N.Y. (WKTV) - The Utica/Rome area is actually bucking both national and state trends in the latest unemployment numbers released Thursday. Read more » 
Mohawk Valley Region receives more than $12 million in Restore NY grants
(WKTV) - Governor David Paterson has announced the award of $14.9 million for Central New York as part of the third round of Restore NY grant program, with numerous communities in the Mohawk Valley seeing a portion of that funding. Read more »
Vernon receives recovery funds for water infrastructure projects
VERNON, N.Y. (WKTV) - The U.S. Department of Agriculture (USDA) has awarded a $4,875 grant to the Town of Vernon to fund an engineering and environmental reports for the proposed sanitary sewer collection system, Congressman Michael Arcuri said. Read more »
Picente proposes early retirement plan for County Workers; could result in county savings
UTICA, N.Y. (WKTV) - Oneida County Executive Anthony Picente is proposing an Early Retirement Plan for Oneida County employees who retire by January 1. Read more » 
Local existing home sales stay flat; national numbers surge
(WKTV) - Existing home sales nationwide have jumped in the last few months while,locally things haven't changed too much. Read more »
Otsego and Oneida Counties receive stimulus funding for affordable housing
ALBANY, N.Y. - Governor David A. Paterson announced the award of $45 million in affordable housing grants through the American Recovery and Reinvestment Act (ARRA). Read more » 
What does Cash for Clunkers mean for area dealers and their customers?
(WKTV) - It's a program that's been so successful that it's burned through nearly all of its billion dollar funding. Now officials say the Cash for Clunkers program might be out of gas unless it gets more funding. So what does this mean for dealers in our area who are counting on the program for new car sales? Read more » 
House approves $2B more for 'cash for clunkers'
WASHINGTON (AP) - The House has voted to rush an additional $2 billion into the popular but financially strapped "cash for clunkers" car purchase program. Read more » 
Cash for Clunkers takes effect - but is it right for you?
(WKTV) - The $1 billion dollar "Cash for Clunkers" program is scheduled to start Monday. Read more » 
Foreclosure rates increase for Utica-Rome area
Foreclosure rates in Utica-Rome have increased for the month of May over the same period last year, according to First American CoreLogic, the leading collector of national, state and local data on home prices, foreclosure and delinquency activity, real estate sales volume and mortgage loan activity. Read more » 
Funding comes to Oneida, Herkimer, and Madison Counties for workforce development
UTICA, N.Y. (WKTV) - The Workforce Investment Board of Oneida, Herkimer and Madison Counties announced $751,773 in funding for two job related programs. Read more » 
Richfield Springs and Canastota to receive stimulus funds for clean water projects
ALBANY, N.Y. (WKTV) - Governor David A. Paterson announced Thursday numerous clean water projects selected to receive American Recovery and Reinvestment Act (ARRA) funding. 22 communities from across the State will be awarded $130 million for the construction of water treatment plants and the installation of sewer system upgrades, including Madison and Otsego Counties. Read more »
More than $50,000 in arts funding awarded to Utica-Rome organizationsUTICA / ROME, N.Y. (WKTV) - More than $50,000 in funding for arts and cultural organizations are headed to the Utica-Rome area from the New York State Council for the Arts. Read more »
Dramatic projected increase for county's mandatory retirement payments
ONEIDA COUNTY, N.Y. (WKTV) - Oneida County's mandatory retirement payment is projected to increase from $1.7 million to $7 million, according to the Oneida County Comptroller Joseph Timpano. Along with the 2011 total disbursement, a tax levy increase of 7.0% could be possible. Read more » 
Stimulus: Sooner or later?
UTICA, N.Y. (WKTV) - 85 days have passed since the American Recovery and Reinvestment Act was signed into law. At the heart of the plan is infrastructure work much of it slated to be used for transportation. None of that work has begun in the Mohawk Valley. It won't start until next week according to contractors. Read more » 
Proposed Oriskany School District budget draws criticism
(WKTV) - A spending increase, and jobs on the line. Oriskany Superintendent, Michael Deuel, says the proposed budget will increase spending by 2.85%, which equates to a 2.5% tax increase for residents. Read more » |
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