Mayor Corradino Announces Adoption of the City of Oswego 2027 Operating Budget

OSWEGO – Mayor Rob Corradino announced today that the Oswego Common Council has formally approved the City’s Fiscal Year 2027 Operating Budget following its vote at Monday night’s meeting. The adopted spending plan totals $66,707,928 and reflects the City’s continued commitment to responsible financial management, long-term planning, and the delivery of essential public services.

The approved budget establishes a tax levy of $10.532 per $1,000 of assessed value, compared to the current 2026 levy of $10.376, an increase of 0.93%. For the average homeowner, the impact remains modest: a property assessed at $150,000 will see an annual increase of approximately $24.00.

Mayor Corradino emphasized that the 2027 budget represents months of detailed analysis, collaboration, and careful decision-making. The budget process began on May 1, when department heads initiated their internal reviews and submitted preliminary proposals. “This was one of the most challenging budget cycles we have faced in recent years,” Mayor Corradino said. “Yet it resulted in a responsible, balanced plan that protects the services our residents rely on while avoiding any significant increase in the tax levy.”

The Mayor noted that the City confronted substantial cost pressures throughout the development of the spending plan. Retirement costs increased by 13%, healthcare expenses rose by 15%, utilities climbed by 10%, and contractual wage obligations continued to grow. “These double-digit increases required us to scrutinize every line item and ensure that every dollar spent was justified,” Corradino said. “Despite these challenges, we produced a budget that maintains fiscal discipline and continues our investment in infrastructure, equipment, and essential city operations.”

The 2027 budget supports ongoing improvements to streets, sidewalks, public facilities, and critical equipment, while sustaining the high level of service residents expect from departments across the City. Mayor Corradino highlighted that the plan reflects both short-term needs and long-term priorities, including strengthening core services, modernizing infrastructure, and maintaining financial stability. Mayor Corradino expressed his appreciation for the teamwork that made the budget possible. “I would like to thank our department heads, the members of the Common Council, and my staff for their dedication and professionalism throughout this process,” he said. “Creating a budget that protects taxpayers while meeting the needs of our community is truly a team effort. Their hard work and collaboration ensured that we delivered a responsible plan that does not place an undue burden on our residents.”

The 2027 Operating Budget will take effect on January 1, 2027.