State Comptroller audit of Lockport budget finds shortfalls

Nov 12, 2016

The office of State Comptroller Thomas DiNapoli has completed a review of the 2017 budget being proposed for the City of Lockport.

The review identified two key shortfalls in the budget. The city is facing negotiations in 4 collective bargaining agreements and more than 50 city retirements. These factors led to a recommendation for an increase in contingency appropriations. The adoption of a tax overlay is also suggested to prepare the city for an anticipated shortfall in the collection of property taxes.

Credit City of Lockport website / WBFO News

It is up to the Common Council to take action on the results of the review.