99 NEWS HEADLINES FOR WEDNESDAY, 10/29/08
POTSDAM SCHOOL BOARD RAPS COMPTROLLER'S REPORT ON RESERVES--State Comptroller Thomas DiNapoli issued a report last week saying school districts around the state are holding over 400 million dollars they could use to lower taxes. Many schools hold money for paying employee time accruals. Potsdam was not one of the schools on DiNapoli's list. Board members said last night they are mandated to hold a percentage for the Teacher's Retirement System, and they need to be prepared for emergencies.
1.6 MILLION DOLLARS TO BE SHARED BY CLARKSON FOR BIO-MEDICAL RESEARCH--The University has been awarded the funds with U. California-San Diego for work with the US Navy on sensor devices to detect injury and administer medication, with the hope of saving lives on the battlefield. Clarkson Professor Evgeny Katz is a co-principal researcher.
INDUSTRIAL, JOB DEVELOPER KELLY TO MOVE ON--St. Lawrence County IDA Deputy Director Patrick Kelly will assume a similar position in Jefferson County, effective December 1st.