City of Lockport Works With State to Help Close Deficit
The New York State Financial Restructuring Board has agreed on Tuesday, Feb. 24 to do a comprehensive review of the City of Lockport’s operations. This follows last year’s audits of the city’s finances by the State Comptroller’s Office. In addition, on March 4 the Senate passed a bill (S1692), introduced by State Sen. Rob Ortt and Assemblywoman Jane Corwin, to amend the city’s borrowing authorization. Read the related Buffalo News article and more about the bill by clicking on the links.
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