RESOLUTION NO. 387
SETTING FORTH REPORTING DATES FOR FINANCIAL UPDATES TO THE LEGISLATURE
Introduced: 9/11/23
By Peter, A. Joyce, Feeney, Beston, Chapman, Clay, Cleary, Miller, Commisso, Ethier, Fein, R. Joyce, Lekakis, Mayo, McLaughlin, McLean Lane, Miller, Plotsky, Reidy, Reinhardt, Ricard, Rosano, Simpson, Ward and Willingham:
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WHEREAS, Among its many responsibilities, the Albany County Legislature must make appropriations, levy taxes, and adopt a County Budget pursuant to State law and the Albany County Charter, and
WHEREAS, The Legislature works closely with the County Executive, the County Comptroller, and the Commissioner of the Department of Management and Budget to gain the financial information necessary to make such decisions, and
WHEREAS, The Legislature desires to put in place reporting dates to maximize efficiency and provide for the timely flow of financial information between the involved parties to ensure that the Legislature has the most up to date financial information available to allow it to make financial decisions in the best interests of the residents and taxpayers of Albany County, now, therefore, be it
RESOLVED, By the Albany County Legislature that the County Comptroller shall submit to the Clerk of the Legislature by February 1st of each year a list of all actions the Comptroller has taken in the prior calendar year as public administrator, including what properties or assets were sold and how any resulting funds were spent, as well as the annual reporting documents submitted to the Surrogate's Court, and, be it further
RESOLVED, That the Comptroller shall submit to the Clerk of the Legislature and the Chair of the Legislative Audit and Finance Committee by May 14th of each year a copy of the Annual Update Document submitted to the New York State Comptroller in April each year, as well as a snapshot summary of the unrestricted fund balance as of that date, and, be it furthe...
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