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Bethlehem closes 2024 with surpluses, but tighter years may be ahead
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Bethlehem closes 2024 with surpluses, but tighter years may be ahead
DELMAR—Bethlehem Town Comptroller Michael Cohen said the town’s financial position is currently stable and trending positive, he said, but growing personnel costs and long-term uncertainty—especially around pensions, federal funding, and inflation—pose serious budget challenges ahead. Bethlehem’s four major operating funds finished 2024 in the black, bolstered by higher-than-expected revenues and lower personnel costs across departments. But wit…
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