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Unatego, Cooperstown Schools Under Fiscal Stress, State Says

Unatego, Cooperstown Schools Under Fiscal Stress, State Says ALBANY – State Comptroller Tom DiNapoli has updated his list of schools under fiscal stress, and Unatego and Cooperstown central school districts are on it. No locals schools are under “significant stress,” the most dire category, but Unatego is on the “moderate stress” list and Cooperstown is in the “susceptible to fiscal stress” category.…

Town Of Otsego Overestimated Revenues, State Auditors Find

Town Of Otsego Overestimated Revenues, State Auditors Find FLY CREEK – The Otsego Town Board “did not adopt realistic budgets; budgets varied significantly from the actual results each year,” state Comptroller Tom DiNapoli concluded in an audit of town finances released over the weekend.  The Town of Otsego includes the Village of Cooperstown west of the Susquehanna River. An analysis showed divergences at high as 64 percent between estimated and actual revenues over four years. In her response to DiNapoli, Supervisor Anne Geddes-Atwell…

Unatego, Richfield Springs School Districts, Towns Of Lauren, CV Under Fiscal Stress

Unatego, Richfield Springs School Districts, Towns Of Laurens, CV Under Fiscal Stress ALBANY – No Otsego County municipality or school district falls into the “significant” category of fiscally stressed public entities as determined by state Comptroller Thomas DiNapoli. However, two fall into the second worst “moderate” category – the Town of Cherry Valley and Unatego Central School District. And two more — the Town of Laurens and Richfield Springs Central School district — are in the “susceptible” category. REVIEW REPORT…