Summary
In his annual State of the City address Tuesday, City of Tonawanda Mayor Ronald Pilozzi offered optimism with three potential development opportunities in the near future, but he also outlined the tightrope he's walking with the city's finances and tax rate.
"City of Tonawanda finances are in a sound and stable condition, especially when compared to other municipalities and the state and federal governments," Pilozzi said. "However, we must recognize the city is operating at a time when our state and national economies and budgets are under extreme stress, developments that will surely impact Tonawanda."See the full content of this document
Extract
Mayor Optimistic On Three Potential Development Sites
Pilozzi noted the city finished the 2010 fiscal year slightly under budget, and its $4.2 million fund balance remained rela...
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