DiNapoli: Mount Vernon Officials Failed to Establish Basic and Routine Financial Policies

Posted to Applied Web NY on Thu, 09/17/2020 - 14:29

The City Council of Mount Vernon did not have adequate financial information for the effective management and fiscal oversight of city operations because officials failed to file annual financial reports, provide interim financial reports and issue audited statements. In addition, they did not have financial information available to develop multiyear financial or capital plans, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

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