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State audit of Mechanicville finances finds poor bookkeeping, budgeting

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A problem that started years ago in the city of Mechanicville’s Finance Department and then snowballed has resulted in a critical audit from the state Comptroller’s Office. The audit released Wednesday cites the city for poor bookkeeping and budgeting that makes it difficult to tell how much money the city has. City officials failed to reconcile accounts and report cash totals and actual spending to the City Council, the audit says. City officials have blamed ...


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