Village Board of Trustees Ballston Spa

Village Trustees approves use of CPA firm

Village of Ballston Spa Board Meeting(11/13/2018) from Ballston Journal on Vimeo.  Budget advisory committee chairperson, Larry Woolbright, presents ideas to the Board of Trustees in an effort to help find solutions to fiscal challenges and findings in a recent New York State audit.

BALLSTON SPA – BST & Co. CPAs, an Albany based accounting firm, has been selected unanimously by the village Board of Trustees to help correct issues found in a recent state audit of accounting practices. The vote was accepted during the regular meeting of the board on Tuesday, Nov. 13.

The final contract is contingent on the firm’s detailed scope of work offered and clarification of its hourly rate, details Trustee Noah Shaw said are necessary to ensure getting “in depth” and a “level of detail…required”.

READ Findings NYS Audit of Village of Ballston Spa recordkeeping

The village has been addressing finances and budget issues for and made several cuts to family activities while increasing taxes. The state comptroller’s audit said the now resigned Treasurer Christopher Hickey provided inaccurate reports to the board.

The report also says board members Mayor John Romano, trustees Stuart Hodsell and Bob Cavanaugh are additionally responsible for allowing the inadequate accounting practices since the comptroller’s 2012 audit.  Democrats and Trustees Shaw and Shaun Raymond were excluded as not serving during the time period audited.

VIEW Preliminary Village Budget for 2019

The budget advisory committee, a citizen’s group led by Larry Woolbright, made several recommendations including the implementation of a standard general ledger and requiring a newly hired Treasurer’s active participation in community and board meetings. Serving on the committee with Woolbright are resident Liz Kormos, Village Photo business owner Peter Martin and area real estate broker Rory O’Connor.

“We urge you to act on them as soon as possible to enable their completion well before the budgeting process begins for next year’s budget,” Woolbright said directly to board officials.


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