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You are here: Home / Archives for Financial Restructuring Board

Financial Concerns Top Issue in 2025 State of the City

January 31, 2025 By WRFA Radio Leave a Comment

Financial concerns were the top issue for 2024 according to Jamestown Mayor Kim Ecklund’s State of the City report. The 100-page report details highlights, achievements, and challenges of Ecklund’s first year in the city’s top executive … [Read more...]

Filed Under: Local News Tagged With: 2024 City Budget, audit, Financial Restructuring Board, Fire Ambulance, Fleet Maintenance Facility, Homeless, Kim Ecklund, State of the City

City Looking Into Ways To Get $1.3 Million Medicare Reimbursement From NYS

October 24, 2024 By WRFA Radio Leave a Comment

A program to move city retirees from city health insurance to a Medicare program that was supposed to save the city $1.3 million is currently costing the city instead. In 2017, the Teresi administration had a contract with the state that would … [Read more...]

Filed Under: Local News Tagged With: 2025 city budget, Eddie Sundquist, Elliot Raimondo, Ericka Thomas, Financial Restructuring Board, Jamestown City Council, Jeff Russell, Medicare, Medicare Advantage plan, Sam Teresi, Tony Dolce

Past Budgeting Issues Lead To 7.79% Tax Increase in Proposed 2025 City Budget

October 9, 2024 By WRFA Radio 3 Comments

Past budgeting issues have led to a proposed 7.79% tax increase in the City of Jamestown's 2025 budget. Mayor Kim Ecklund, presenting her first budget as mayor since taking office in January, said problems in the 2024 budget led to issues for the … [Read more...]

Filed Under: Local News Tagged With: 2024 City Budget, 2025 city budget, Andy Goodell, Central Garage, Financial Restructuring Board, Fire Ambulance, Fleet Maintenance Building, Jamestown City Council, Jamestown Splash Pad, Juneteenth, Kim Ecklund, Medicare Advantage plan, Rite Aid

Fleet Maintenance Building Receives State Grant

September 26, 2024 By WRFA Radio Leave a Comment

A $1 million state grant has been secured for the Fleet Maintenance Building project on Washington Street. Jamestown Mayor Kim Ecklund announced the administration had been able to secure the Financial Restructuring Board (FRB) funds. However, … [Read more...]

Filed Under: Local News Tagged With: bond, Central Garage, Eddie Sundquist, Ericka Thomas, Financial Restructuring Board, Fleet Maintenance Building, Jamestown City Council, Kim Ecklund, Mark Roetzer, Sam Teresi

City Facing Having To Bond For Additional Funding For Fleet Maintenance Building

March 19, 2024 By WRFA Radio Leave a Comment

The City of Jamestown is facing having to bond for even more funding for the Fleet Maintenance Building on Washington Street due to cost overages. City Comptroller Ericka Thomas said $4,890,000 has been spent to date on the project, "The BAN that … [Read more...]

Filed Under: Local News Tagged With: City of Jamestown, Ericka Thomas, Financial Restructuring Board, Fleet Maintenance Building, Mark Roetzer, Russ Bonfiglio

City Looking at Re-Bonding For Additional Costs Related to Central Garage Project

June 7, 2023 By WRFA Radio Leave a Comment

Costs for the new Central Garage project on Washington Street are currently at $3.9 million. City Council Public Works Chair Randy Daversa provided that cost update to council at its work session Monday night. He stated at the meeting the project … [Read more...]

Filed Under: Local News Tagged With: American Rescue Plan, Central Garage, Eddie Sundquist, Financial Restructuring Board, Jeff Lehman, Marie Carrubba, Randy Daversa, Sam Teresi, Smart City Capital Investment Program

City Council Approves Firefighter’s Contract, Appointment of New Comptroller

July 26, 2022 By WRFA Radio Leave a Comment

Jamestown City Council has approved a new contract with the Jamestown Firefighter's Union. This is the second time Council voted on a contract this year after voting down the one presented to them in January. Council President Tony Dolce said … [Read more...]

Filed Under: Local News Tagged With: American Rescue Plan, American Rescue Plan Act, Eddie Sundquist, Financial Restructuring Board, Fleet Maintenance Building, Jamestown City Council, Jamestown DPW Vehicle Maintenance Building, Jamestown Professional Firefighters Association, Jamestown Urban Renewal Agency, Jeff Lehman, Joe Bellitto, John Sellstrom, Ryan Thompson, Tony Dolce

Mayoral Candidates Weigh In On Proposed $12.9 Million Borrowing Plan

September 13, 2019 By WRFA Radio Leave a Comment

JAMESTOWN - Two of the three candidates for mayor of Jamestown say they support a recently unveiled proposal to borrow up to $12.9 million to help pay for a variety of capital investment projects in the city. On Monday Jamestown mayor Sam Teresi … [Read more...]

Filed Under: Local News Tagged With: 2019 Election, David Wilfong, Eddie Sundquist, Financial Restructuring Board, Sam Teresi, Smart City Capital Investment Program

City Council Approves Healthcare Buyout Program

October 31, 2017 By WRFA Radio Leave a Comment

JAMESTOWN - The Jamestown City Council approved the new health insurance buyout program for Medicare eligible retirees. On Monday night the council voted unanimously to accept the $1.5 million in state grant funding to help pay for the voluntary … [Read more...]

Filed Under: Local News Tagged With: Arcade Financial Service, Financial Restructuring Board, Health Insurance Buyout Program, Jamestown City Council, Northwest Financial Services, Sam Teresi, Tim D’Angelo

City Council to Consider Healthcare Buyout Program for Medicare Retirees

October 17, 2017 By WRFA Radio Leave a Comment

JAMESTOWN - When the Jamestown City Council holds its next voting session in two weeks, it will act on a resolution to utilize $1.5 million in state aid as part of a voluntary health insurance buyout program for eligible retired city … [Read more...]

Filed Under: Local News Tagged With: Financial Restructuring Board, Health Insurance, Health Insurance Buyout Program, Jamestown City Council, Joe Bellitto, Sam Teresi

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