[AUDIO] Utica Audit For 2013 Presented To Common Council
The City of Utica Audit for the 2013 was released to the Common Council last night.
Councilman Joe Marino says the biggest takeaway is that the city appears to be overcharging citizens on property taxes due to a financial oversight.
The auditors found that Utica currently has a surplus of over $931,000.
Marino says the problem stems from a lack of proper bookkeeping.
He added that the solution he would like to see is Mayor Plamieri signing off on the resolution that was passed in March calling for Utica to utilize the State Financial Restructuring Board.
Marino said the Restructuring Board would help bring the City’s finances in order so that a better budget can be presented in the future that would save taxpayers in Utica money.