The Daily Gazette
The Locally Owned Voice Of The Capital Region

Audit: Duanesburg town surplus too big

Merrihew: Projects to require cash

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Having a robust fund balance is generally considered a good thing for municipalities. Extra funds carrying over from one budget year to the next can offset future or unanticipated costs. And that pot of money can help insulate taxpayers from bearing the brunt of an unexpected dip in revenues or an emergency big-ticket expenditure. But in Duanesburg, this pool of unspent money is a little too robust for the liking of state auditors. The state ...

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April 26, 2012
6:02 p.m.

[ Flag Post ]

A surplus is a not all bad. But keep in mind that taxpayers are paying for services they may never received. Either they may pass or they may sell their property. Also they are denied the opportunity to vote on projects.