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Auditor pleased

Auditor commends Schenectady on improved finances

City Finance Commissioner Deborah DeGenova speaks during a meeting of the finance commitee to discuss the city budget audit on Monday, May 20, 2013.
Photographer: Patrick Dodson
City Finance Commissioner Deborah DeGenova speaks during a meeting of the finance commitee to discuss the city budget audit on Monday, May 20, 2013.
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Auditor Jim Cusack, who had harsh words for the Schenectady City Council a year ago, said Monday that he was finally pleased with the city’s financial condition. His audit of the city’s 2012 spending found only minor problems, including old, uncashed checks collected for small fees. Most importantly, he said, the city finally cut back on its expenses to live within its means. Last year, he told the council that it would go “out of ...

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comments

artbarb
May 29, 2013
10:13 a.m.

[ Flag Post ]

why doesn't Kathleen report that the city borrowed $67 million in May? to pay off the $59 million borrowed May 2012 plus additional $7 million? Each year the city borrows MORE & MORE! Property taxpayers OWE MORE & MORE!

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Schenectady - City, Schenectady County, New York
Bond Anticipation Notes
Type of Issue: OS
Location of Sale: FA Corporate Headquarters
Date of Sale: 5/7/2013
Time: 10:30 AM
Amount: $66,886,355.00
Notice of Sale
Official Statement
Final Official Statement
Sale Results

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