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Paterson: \Local governement is too expensive

State mandates require funding that the municipalities often do not have time to budget for, Runion said, citing retirement funds, storm water management and election costs as burdensome mandates.

"I don't think we're different from the other capital region municipalities I've spoken to," Runion said.

Still, Paterson warned in his speech that lean times are ahead and the burden would have to be shared.

"The pillars of Wall Street are crumbling," he said of the financial institution that delivers one-fifth of New York's total revenue. "If we can't spend more, we have to spend more efficiently."

For the full story read the Wednesday, Jan. 14, edition of The Spotlight.

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