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ALBANY COUNTY, N.Y. -- Albany County's 2013 budget is adopted with funding for the county-run nursing home. County Executive Dan McCoy had until Wednesday to issue a veto.

However, McCoy says a veto would only make the county's ability to operate more difficult. The budget comes with a 7.6 percent property tax increase, versus the nearly 9 percent increase McCoy called for.

County Lawmakers approved the plan last week but did not vote on a proposed contract with a private company to run the nursing home. This had been a sticking point in negotiations.

McCoy released this statement:

"To bring Albany County to a point of fiscal stability and prospective financial health, it is incumbent for the legislature to take up my proposal on the Albany County Nursing Home. While I commend them for taking a responsible and contemplative approach to the budget they passed, I do not feel that it will pass muster in the coming months absent definitive action on ACNH. We need to protect our seniors as well as the taxpayers and accept financial responsibility by finalizing negotiations to privatize the nursing home.”