Binghamton New York Mayor Jared Kraham Signs 2025 City Budget

Today (November 4, 2024), City of Binghamton Mayor Jared M. Kraham signed the 2025 City Budget into law. A bipartisan majority of the Binghamton City Council approved the 2025 budget, 6-1.

Mayor Kraham thanked City of Binghamton Council Members and department heads for their hard work on the budget review process to ensure that the City has the best possible spending plan on behalf of taxpayers.

The $108 million spending plan continues to deliver the results residents deserve, from critical services that support priorities like public safety, paved streets and clean drinking water to transformative projects that improve neighborhoods and help build a better future. As importantly, the 2025 Budget protects taxpayers, with smart spending and responsible fiscal management. - City of Binghamton Mayor Jared M. Kraham

Mayor Kraham outlined some of the 2025 City of Binghamton budget highlights, including working to bring the Police Department back to full staffing, which will help support neighborhood foot and bike patrols and invest in the technology and resources that help solve and prevent crimes.

The budget also outlines the design of a new fire station on the North Side, tearing down the Binghamton Plaza, which Mayor Karham noted is one of Binghamton's most notorious eyesores. The plan will pave the way for new development and better access to public green space.

The 2025 budget also includes investing millions in Binghamton neighborhoods, including infrastructure improvements, new housing and support for first-time homebuyers, plus senior homeowners who need help making repairs.

Binghamton Mayor Jared M. Krahams's vision is to continue to push Binghamton forward, with a growing economy, stronger neighborhoods, and some of the lowest crime rates on record.