AIM incentive funding
 

AIM incentive funding

NYS is offering additional Aid and Incentives to Municipalities (AIM) funding to encourage local government consolidations.

 

Location Consolidation Ref. Projected
savings*
Projected
AIM incentive#
Net change
in government
spending
Batavia Town into City (1) $212 K $790 K $578 K  (increase)
Seneca Falls Village into Town (2) $393 K $495 K $102 K  (increase)
Albion Village into Town (3) $210 K $440 K $230 K  (increase)
Oneonta Town into City (4) $320 K $556 K $236 K  (increase)
Lake George Village into Town (5) $150 K $0 ($150 K) (decrease)
Waddington Village into Town   $42 K $60 $18 K  (increase)
Edwards Village into Town (6) $27 K $85 K $58 K  (increase)
Potsdam Village into Town (7) $44 K $570 K $526 K (increase)

 

*In some cases a fraction of the projected savings include cost shifts rather actual savings, but for simplicity there has not been adjustment for this factor.

 

#All amounts on an annual basis

 

Table assembled by Steve Yurgartis.

 

Unfortunately it appears that the AIM incentive funding often results in a net increase in government spending.

 

 

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