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Economic growth, environmental concerns, and finding ‘balance’ key factors in Geneva’s budget process

Economic growth, environmental concerns, and finding ‘balance’ key factors in Geneva’s budget process

Geneva Mayor Steve Valentino recently discussed the city’s budget process, economic development efforts, and environmental concerns in an interview with FingerLakes1.com. As the city navigates through the 2024 budget season, Valentino emphasized the need for balance between maintaining essential services and minimizing the financial burden on taxpayers.

Valentino acknowledged that the city is facing a potential 20% increase in the tax levy, while the tax rate could decrease, thanks to rising property assessments. “The challenge is creating that balance,” Valentino said, explaining how the council is working to ensure that tax rate reductions offset the impact of higher property assessments on homeowners.

Public safety and infrastructure remain priorities for the city, with rising costs for services like fire protection and emergency medical services. Valentino noted that shared services with neighboring municipalities are being explored as a way to manage costs more effectively. “Efficiency is key,” he said, emphasizing the importance of collaboration with surrounding communities.

On the economic front, Valentino expressed optimism about Geneva’s future. A recently unveiled economic development plan is expected to drive growth, particularly in housing and business development. “We’re positioning ourselves for positive economic opportunities,” he said, highlighting zoning changes and housing initiatives that will facilitate new projects over the next 12 months.

Finger Lakes Partners (Billboard)

One of the city’s long-standing environmental concerns has been the Geneva Foundry site, which recently completed its lengthy remediation process. Valentino, who has been involved in the effort since 1996, called the completion a major milestone. “It feels great to finally have this behind us,” he said, crediting the New York State Department of Environmental Conservation (DEC) and local leaders for their work.

Valentino also addressed the region’s recent harmful algal bloom (HAB) outbreak on Seneca Lake, which made headlines with its intensity. The mayor acknowledged the complexity of addressing HABs, citing multiple potential causes such as agricultural runoff and invasive species. “We need to better understand the root causes and address them,” Valentino said, adding that state and federal funding will be essential for long-term solutions.

As the city continues to work through budget discussions, Valentino highlighted an upcoming event on November 1 to celebrate Geneva’s first responders. The event, organized by local community members, will help raise funds for police, fire, and emergency services.