Members of the Common Council said they will propose spending $2 million more than Mayor Stephanie Miner recommended in her 2012-2013 city budget because they expect sales tax revenues to exceed Miner’s estimate.
Councilors today said they had not decided how to use the extra funds. Before allocating the money, they said they would consider comments made at a 6 p.m. public hearing, which attracted roughly 50 residents to city hall tonight.
“This is money that was unanticipated, but is based in reality,” said Councilor Kathleen Joy, who chairs the finance committee. “It’s a good thing.”
Miner’s chief of staff, Bill Ryan, said spending more money “is not a prudent decision” even if more sales tax revenues materialize.
E.J. McMahon, senior fellow at the Manhattan Institute, a conservative think tank, agreed. McMahon, who spoke with representatives from Miner’s office Wednesday, said a financially strapped city like Syracuse, which is balancing the budget with a one-shot infusion of $21 million in extra state aid, should salt away any extra money for the expected tough times ahead….