I am very excited about the next five to 10 years for the city of Gloversville and Fulton County. While many challenges remain, we are making headway in several areas. In the past two years, our tax rate has not increased. I will recommend decreasing the rate for 2014. In 2009, our general fund balance was $1,197,000, and at the end of 2012, it was $3,418,000.