BALLSTON SPA – After Mayor John Romano and the Village Board appointed Bill Lewis fire chief Monday, the new chief talked about Saturday’s incident in which a 14-year-old Ballston Spa youth was rescued from the main Saratoga County sewer line. [Read more…]
MILTON – The Town Board voted 4-1 Wednesday to ask its engineering consultant to estimate costs for a “forensic” study to determine whether Saratoga County should take over the Heritage Springs sewer system. [Read more…]
BALLSTON SPA – The Village Board on Monday voted to replace the control panel at the village water plant on Rowland Street in the town of Milton. [Read more…]
BALLSTON SPA – The Village Board on Monday released $39,216.18 for an “interest and principal payment for the sewer, DPW truck and Police car bonds.” [Read more…]
Update 4/6/15, 4:53 p.m. – The meeting and public hearing planned for Wednesday, Apr. 8 has been cancelled as per the Town of Milton.
MILTON – More people than usual turned up for the Town Board meeting Wednesday, most of them with concerns about the proposed Fair Oaks development.
BALLSTON SPA – Sewer and water rates would rise about 20 percent under Mayor John Romano’s tentative budget, the mayor told the Village Board on Monday. [Read more…]
BALLSTON SPA — Repairs to the Bath Street sewer line will begin about June 1 and take three to four weeks, according to discussion at this week’s Village Board meeting. [Read more…]
BY JIM TRACY
Village officials need to improve their handling of finances and record keeping based on a recent state audit, but Ballston Spa Mayor John Romano said village finances are sound.
Auditors from the state Comptroller’s Office, reviewing the village’s financial records dating back as far as 2006, concluded that the village had unrealistic budgets, poor financial record keeping and failed to properly address financial instability.
Romano said the press release issued Wednesday can be misleading and gave a plausible explanation for any shortcomings that the state found.
“Overall, our financial health is very good given the state of the economy,” Romano said. “Our general fund is healthy, too. We have adequate cash to operate.”
State auditors pointed specifically to the increased deficits in the sewer fund from $67,336 in 2006 to $260,720 in 2009-10. State officials said it forced the village to increase interfund loans to the sewer fund to more than $270,000 to meet its cash flow needs.
Romano, however, said there were two reasons for the sewer deficit funds, and Treasurer Chris Hickey has a plan is in place to eliminate the deficit by the end of this budget year without raising sewer taxes.
Romano said the first unexpected glitch in the budget was a sewer line break on Saratoga Avenue in 2009 that cost the village an $109,000 that it didn’t anticipate.
Second, a large, amount of money owed to the village by one of its largest sewer users expected for the 2009 budget year was paid late, causing it to fall into the next budget year.
Romano pointed out that despite a sewer deficit in the past he and the village board have not raised sewer taxes nor do they plan on it in the near future.
State officials issued six recommendations to improve financial handling and village officials have agreed to them, according to both the state press release and Romano.
State officials did point out two positives in the village finances.
Financial conditions improved from the last audit in 2006. And the sewer fund deficit of $143,000 was half of its previous high deficit.
“We have a deficit on paper, but the village has plenty of cash,” Romano said. “Some accounts had deficits but others had surpluses.”