Business is instrumental in generating tax revenue and McCoy said he has plans to pursue economic development by “creating an incubator at 112 State St.” that will provide local entrepreneurs with the free space, phones and other tools to concentrate on making a new business work.
“We will be able to do this by partnering with area businesses, including Tech Valley Communications, who has agreed to supply the necessary telephone and Internet lines,” said McCoy.
Much of the work to revive Albany County finances and government lies in the future, but McCoy said there are some things achieved in the first two months of 2012 that are steps in the right direction.
“We are working on the consolidation of departmental administrative functions to create efficiencies, starting with the departments of health and mental health,” said McCoy. “We have changed some of our billing practices and collected over $600,000 by doing this.”
McCoy said he had plans to use grant money to establish a countywide Domestic Violence Court to help local courts and establish consistency.