Peekskill mayor: City on rise despite challenges
The mayor of Peekskill says despite challenges, the city is on the rise.
Mayor Frank Catalina delivered his State of the City address Monday night.
He says that Peekskill has been "in the red" by an average of $3 million annually for the past six years.
The mayor says he has chopped the deficit in half, thanks to cost-cutting measures since taking office last year.
The city has also reversed a six-year trend of decreasing property value assessments.
It is now supporting new construction, public projects and investments by private businesses.