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Second quarter on target for Saratoga Springs

By Lombardo David
Thursday, August 8, 2013

The finances of Saratoga Springs appear to be right where they should be, based on second quarter financial information discussed during this week's meeting of the city council.

"The city is largely on target for the second quarter [of 2013]," said Finance Commissioner Michele Madigan during the meeting.

She noted that expenses in the quarter were similar to the same period in 2012.

Below is an overview of the city's second quarter finances.

Madigan noted that June was a very good month for sales tax collections. Additionally, because VLT aid was increased in the state budget, this revenue has been more than expected.

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Saratoga 2Q Financials by DailyGazette

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