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Comptroller audit shows Little Falls under significant fiscal stress

Comptroller audit shows Little Falls under significant fiscal stress The state comptroller s office has released an audit of the city of Little Falls financial condition. Posted: Jul 1, 2021 4:54 PM Updated: Jul 1, 2021 5:38 PM Posted By: WKTV LITTLE FALLS, N.Y. – Comptroller Thomas DiNapoli’s Office released the results of a municipal audit in Little Falls on Thursday, saying the city is in “significant fiscal stress” due to poor management of financial operations. The report reads, in part: The council and city officials did not adopt structurally balanced budgets, properly monitor the city’s financial operations or take appropriate actions to maintain the city’s fiscal stability.

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