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Mayor Jared Kraham’s first budget would also keep property tax rates about even with 2022.
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Property developers are planning to build a $24 million apartment complex and commercial space across from Mirabito Stadium in Binghamton.
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The proposal would prohibit landlords from renting to groups of four or more students in areas zoned as single-family and two-family residential.
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The city would likely demolish the plaza and the adjoining property area before taking public input on a plan to redevelop the land moving forward.
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The City of Binghamton is beginning the process of restoring and potentially moving its historic Ross Park carousel, a fixture of the park and zoo for over a century.
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The renovations include upgrades to locker rooms, dining areas and training facilities as dictated by Major League Baseball standards.
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Binghamton city officials say they plan to address water ponding on the new Recreation Park tennis courts later this year.
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"We're not disparaging, we're not throwing anybody under the bus, but I think we can do a little bit better."
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City of Binghamton officials have been struggling to properly handle public records requests in recent months, sometimes outside the scope of state laws.
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The transition comes as several city departments have vacancies or are currently led by individuals looking to retire in the near future.