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Submitted by Erie County District 3 Legislator Michael Kooshoian
As the year draws to a close, residents, businesses and local governments alike turn their attention to finalizing priorities and setting the stage for the year ahead. In Erie County, this process takes on added significance as leaders navigate the 2025 budget process, focusing on fiscal responsibility, service delivery, and investments to strengthen the region’s future.
For many, December is a time to reflect on accomplishments and set goals for the next year. From a financial perspective, this period is crucial for ensuring everything is in order. Key steps include reviewing financial plans, which takes stock of income, expenses and savings goals, and evaluating whether adjustments are needed to meet targets for 2025. Maximizing tax benefits is another essential year-end practice. Contributing to retirement accounts, reviewing charitable giving, and ensuring deductions are accounted for before Dec. 31 are important items to discuss with your accountant. Lastly, setting 2025 goals can align personal or business objectives with actionable steps.
In Erie County, this proactive approach mirrors how local government leaders are tackling their own fiscal planning. The Erie County Legislature recently adopted a $2 billion budget for 2025, emphasizing stability and forward-looking investments. This budget reflects key themes that resonate with residents: community support, infrastructure development, and fiscal prudence.
I would like to mention several outcomes from our month-long review process.
•The 2025 budget introduces a modest reduction in property taxes, continuing a multi-year trend. This reflects Erie County’s ongoing effort to ease the financial burden on homeowners while maintaining strong revenue streams. Lower taxes align with broader economic strategies to attract and retain residents.
•The budget includes significant allocations for roads, bridges and public transit systems. These upgrades are critical for improving safety, reducing congestion, and supporting economic growth. Projects such as the ongoing maintenance of Erie County’s highways will benefit commuters and businesses alike.
•Recognizing the importance of public safety, Erie County has increased funding for law enforcement and emergency services. Additionally, community programs, such as youth development initiatives and mental health services, receive substantial support in the 2025 budget.
•Erie County’s 2025 budget prioritizes job creation, small business support, and green energy initiatives. Programming to help local entrepreneurs and expand the county’s renewable energy footprint is an essential component of this forward-looking plan.
One challenge for Erie County leaders is balancing immediate needs with long-term priorities. While the 2025 budget avoids drastic cuts, it incorporates measures to maintain fiscal discipline. This includes using federal funds strategically, controlling spending, and building reserves for future challenges.
By focusing on financial planning, infrastructure, and community well-being, Erie County is positioning itself as a stronger and more resilient region in 2025 and beyond.
With the year winding down, many turn their focus to the upcoming holidays and upcoming new year. I would like to wish you and your families a very safe and happy holiday season. However you celebrate, I hope you all enjoy these last few weeks of 2024 in good health, good company and high spirits.
As always, you are welcome to reach out to my district office at 716-832-0493 with any questions or concerns.