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Village Wins Grant to Study Possible Dissolution after 2 Big Claims

Monday, June 23, 2014 | 0

The Village of Prospect has received a $25,000 grant from the state for a study on how to cope with two workers’ compensation claims that will likely exceed $600,000 and sink the village financially, the Utica Observer-Dispatch reported.The rural village 100 miles west of Albany has a population of 291, and it collects only $28,000 in property taxes a year. Prospect Mayor Francis Righi said in a press release from the Office of Gov. Andrew Cuomo that the village was grateful for the grant to study options, including dissolution of the village. “This study will help the Vi...

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