Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Village of Lowville to apply again for DRI funding
LOWVILLE, N.Y. — The Village of Lowville is hoping the fourth time’s the charm in applying to win $10 million in state funding to help

Short lane reduction on Onondaga Lake Parkway near low railway bridge begins Tuesday
SALINA, N.Y. — A portion of the Onondaga Lake Parkway (State Route 370) in the town of Salina on Tuesday will be reduced to one

SUNY union ratifies new contract with New York State
ALBANY, N.Y. — Gov. Kathy Hochul on Friday announced the ratification of a four-year labor agreement with United University Professions (UUP), which includes more than

Chemung Financial to pay Q3 dividend of 31 cents in early October
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock. The banking company will pay the dividend on Oct. 2, to shareholders of record as of the close of business on Sept. 18. At Chemung Financial’s

Gillibrand pushes bill to designate Finger Lakes a National Heritage Area
ROMULUS, N.Y. — New York state’s Finger Lakes region would be designated as a National Heritage Area under a proposal that U.S. Senator Kirsten Gillibrand (D–N.Y.) recently announced. Gillibrand on Aug. 14 visited Buttonwood Grove Winery in Romulus to push the proposal in a news conference. National Heritage Areas (NHA) are established by Congress to

Nugent begins expanded role as Syracuse University general counsel
Gabe Nugent, formerly with Barclay Damon LLP, is now serving in the role. Nugent had been serving as the university’s deputy general counsel and succeeds Daniel French as general counsel. French is a Barclay Damon partner and co-chair of the firm’s white collar & government investigations practice area and the higher-education practice area, Barclay Damon

Grossman St. Amour partner named to Health Foundation board
SYRACUSE — Linda Gabor, partner at Syracuse–based Grossman St. Amour CPAs PLLC, was recently appointed to the board of trustees of the Health Foundation for Western & Central New York. The Health Foundation is an independent private foundation that advocates for continuous improvement in health and health care for the people and communities of Western

Inflation Reduction Act clean-energy tax credits
“We’ve had so many questions about it recently, says Jessica LeDonne, director of policy and legislative affairs at The Bonadio Group, which offers accounting, tax, and consulting services from offices in Albany, Batavia, Buffalo, East Aurora, Rochester (HQ), Syracuse, and Utica. The questions range from “Am I eligible?” to “What do I need to do?”

New York state local sales-tax collections rise 3% in July
“Local sales tax growth in July continued at a moderate pace, similar to growth rates from before the pandemic,” DiNapoli said in the release. “This may be slower than some local officials anticipated after two years of more robust growth, making careful cash flow monitoring especially important.” For July 2023 compared with July 2022, nearly

Bonadio’s Hammond elected secretary/treasurer of NYS Society of CPAs
SYRACUSE — Timothy J. Hammond, a principal at The Bonadio Group, in its Syracuse office, was recently elected secretary/treasurer of the New York State Society of Certified Public Accountants (NYSSCPA) board of directors for the 2023-2024 term. He began his term of office on June 1, along with the NYSSCPA’s other officers, according to a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.