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HQ move is latest win for Saratoga County in long-running GlobalFoundries saga


HQ move is latest win for Saratoga County in long-running GlobalFoundries saga | The Daily Gazette
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The GlobalFoundries Fab 8 site in Malta is shown at groundbreaking in a July 2009 Gazette file photo and July 2019 in an aerial image provided by the computer chip maker.
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MALTA The announcement last week that computer chip manufacturer GlobalFoundries would move its headquarters to New York was a milestone in a journey that began nearly a quarter-century ago.
New jobs won’t immediately be transferred to the Fab 8 semiconductor factory in Malta because many of the headquarters functions and personnel already had been moved there from Silicon Valley. ....

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For Saratoga County Partnership it's bed tax or bust


For Saratoga County Partnership it s bed tax or bust
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Saratoga Partnership President and CEO Shelby Schneider speaks at an event at Wiswall Park on Wednesday, Oct. 14, 2020, in Ballston Spa, N.Y. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times Union
MALTA – Since its establishment in 2015, Saratoga County Prosperity Partnership had enjoyed generous funding from the county coffers, about $4.2 million over six years.
But no more. The new county leadership will adhere to the what the county is legally obliged to provide to SCPP,  half of the county’s bed or hotel tax revenue, and nothing more. And as the pandemic continues to ravage county tourism, that decision could cripple SCPP s 2021 operations, since that amount is so uncertain. ....

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Saratoga County panel to weigh possible discipline over pandemic pay program


Saratoga County panel to weigh possible discipline over pandemic pay program
County also forgives overpayment to Partnership
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BALLSTON SPA – A 7-hour marathon meeting of the Saratoga County Board of Supervisors, much of it in closed, executive session, authorized Ballston Supervisor Eric Connolly “to decide and facilitate what, if any, action should be taken to any personnel as a result of the findings” about the county s pandemic pay program.
On Thursday, Connolly wouldn t say what steps he ll take to determine recommendations regarding the roundly criticized and discarded plan that paid some employees, administrators and elected officials time and a half for every hour worked during the early days of the pandemic. ....

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Partnership seeks amended funding deal with Saratoga County


Partnership seeks amended funding deal with Saratoga County
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Saratoga Partnership President and CEO Shelby Schneider speaks at an event at Wiswall Park on Wednesday, Oct. 14, 2020, in Ballston Spa, N.Y. An event was held to unveiled the town s comprehensive economic development plan and also to show off the newly repaired fountain fed by the Historic San Souci Spring. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times Union
MALTA – A sharp decline in hotel occupancy taxes in Saratoga County is forcing Saratoga County Prosperity Partnership, which is funded by the tax, to propose a new funding agreement with the county. ....

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