Glens Falls faces financial trouble

Posted at: 07/24/2014 12:12 PM
Updated at: 07/24/2014 12:28 PM
By: WNYT Staff

New York State Comptroller Tom Dinapoli released a report Thursday morning pointing to sources of financial trouble for the city of Glens Falls.

Comptroller Dinapoli says Glens Falls has burdensome debt costs, including the city-owned Civic Center, but he says Glens Falls is better off than many upstate municipalities.

The Glens Falls Civic Center costs city taxpayers about $600,000 a year. The city didn't need the state comptroller to tell them that.

But that's one of the items in a new report out today that identifies Glens Falls as a city that has some financial problems, but seems to be addressing them.

Among other things, the city plans to unload the Civic Center at public auction next month, and it's looking at the feasibility of consolidating more services, including the police department with the Warren County Sheriff's Office.