Mayor Patrick Madden Statement on Office of NYS Comptroller’s Release of City of Troy Financial Audit

Mayor Patrick Madden Statement on Office of NYS Comptroller’s Release of City of Troy Financial Audit

FOR IMMEDIATE RELEASE | FEBRUARY 17, 2016
Media Contact: John Salka, Deputy Director of Public Information
[email protected] / (518) 279-7131

Mayor Patrick Madden Statement on Office of NYS Comptroller’s Release of City of Troy Financial Audit

“Today’s release of the audit by the Office of State Comptroller is a critical step toward confronting the fiscal challenges facing the City of Troy. While many of these concerns highlighted in the audit are not new, we are appreciative of the work and insights provided by Comptroller DiNapoli’s office and thank them for their recognition of this administration’s proactive response to addressing their concerns. There will be no quick fixes and there will be difficult decisions ahead, but by working together with the City Council and our residents I am confident we can rebuild the City of Troy’s financial standing.”

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