NORWICH – An all-inclusive regular report on economic development activities that Chenango County’s taxpayers fund does not exist despite some town leaders’ requests for one whenever such activities come before the Board of Supervisors.
According to Clerk of the Board R.C. Woodford, the only resolution on the books that mandates a quarterly report for economic development has to do with a revolving loan fund. When asked if he knew of any other quarterly report mandated for economic activities on behalf of the county, Woodford said, “I don’t know of one.”
The revolving loan fund was created in 1994 with an aggregate load of $50,000. It is administered by the Chenango County Planning and Development Department. Through the years, however, legislators incrementally upped the total dollars available until finally, in 2001, the fund’s ceiling was eliminated. With the later action came a mandated request for a quarterly report.