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Binghamton treasurer seeks new deputy role as office budget rises 14%
Summary
Treasurer Larry Sutton presented a $59,460.95 increase to his 2026 budget — a 14.07% rise driven mainly by a proposed deputy treasurer position and negotiated union salary increases.
BINGHAMTON, N.Y. — The city treasurer on Thursday outlined a 2026 operating budget that would grow by $59,460.95, a 14.07% increase over 2025, chiefly to fund a new deputy treasurer position and modest union-pay increases.
Treasurer Larry Sutton told the Council assembled as a committee of the whole that the proposed deputy position carries a $53,000 annual salary. "Based on my risk assessment of the Treasurer's Office I'm requesting the addition of a Deputy Treasurer for 3 main reasons," Sutton said, listing enhanced separation of duties and cash control,…
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