Plattsburgh city finances on track - WCAX.COM Local Vermont News, Weather and Sports-

Plattsburgh city finances on track

Posted: Updated:

The city of Plattsburgh gets a good report card for its spending.

New York State Comptroller Thomas DiNapoli stopped by Plattsburgh to deliver his report of the city's finances. It's part of a statewide effort to keep a financial profile on cities and towns in New York.

Plattsburgh rated well overall, with a stable financial history over the past few years. The one negative in the report was the city spent a good amount of its fund balance or rainy day funds to maintain its tax rates.

"That's not something you can do forever. We think the way we've done it is we've used our fund balance over the worst of the reaction to the national recession, and going through the next couple of years we won't need as much fund balance to keep things sane," said Mayor James Calnon, R-Plattsburgh.

Calnon gives credit to previous Common Councils in Plattsburgh for setting the standard of the city's steady spending.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.