Contact Us

Colosimo-Testa Wants Hold On Utica’s Borrowing

Kristine Bellino, WIBX

In 2013 the City of Utica increased its annual short-term borrowing to $12 million and projects the same cash-flow needs for 2014.

Utica Common Councilwoman Smantha Colosimo-Testa is requesting that the City and Comptroller’s office put a hold on future borrowing until the City’s audit is complete.

Colosimo-Testa says because the audit is a year overdue, the Common Council can no longer be expected to borrow, or understand the finances of the city, unless their financial obligation with tax payers and the auditors is met.

She added that the hold on borrowing is in the best interest for taxpayers and a step in the right direction for Utica.

Marino: Show Me The Money Trail

More From WIBX

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wibx950.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on WIBX 950 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on WIBX 950 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!