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Ogdensburg CFO warns of $100K–$130K in cuts needed to meet 2025 appropriation cap
Summary
CFO Mike Marceau told the council the borough must reduce appropriations by roughly $100,000–$130,000 to meet the 2025 cap, citing consecutive health-insurance increases; the fire chief outlined rising equipment and maintenance costs for the department's budget.
The Borough of Ogdensburg faces significant budget pressure for 2025, borough CFO Mike Marceau told councilors at their Feb. 24 meeting.
Marceau said the borough must cut approximately $100,000–$130,000 from the municipal budget to meet the appropriation cap. He attributed part of the shortfall to rising health-insurance costs, which he said increased 23% in one year, 8% the following year, and 16.4% in the current year. Marceau said the borough may pay health coverage for retiring employees until age 65 and recommended exploring a Joint Insurance Fund (JIF) alternative to the State health plan.
Fire Chief Bill Allen presented the fire department budget and cited rising equipment costs, vehicle maintenance and the need for additional gear and apron repairs. The council discussed potential budget cuts, redevelopment and PILOT revenues as longer-term revenue strategies and touched briefly on the water fund.
No final budget decisions were adopted on Feb. 24; the CFO indicated staff will return with options to meet the appropriation cap and committee members discussed potential program and line-item reductions.
