Small town missing big money - NEWS10 ABC: Albany, New York News, Weather, Sports

Small town missing big money

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STOCKPORT, N.Y. - Officials in the Columbia County town of Stockport say hundreds of thousands of dollars is missing from the town finances, and now the former town supervisor is in hot water.

A private firm revealed an audit that the county's smallest town of 2,800 people is missing at least $250,000 from its budget.

The curent Stockport Town Supervisor, Matt Murell, ordered an audit of the town's finances after taking office in January because an audit had not been conducted in years.

Murell hired a private accounting firm to analyze the town's books and get to the bottom of the missing money.

Murell says the town's bookkeeper, Mark Fitzgerald, retired just as the audit got underway, and reportedly delayed the release of spending records, which stalled the audit. However, he still does not believe any theft took place.

Murell is now asking the state Comptroller's Office to investigate.

Pulcher tells NEWS10 he supervised the town's budget for years and has no idea what happened to the money.

Meanwhile, major cuts need to be made, such as reducing the police department's funding from $74,000 to under $12,000, leading to significant layoffs and the elimination of patrol units.

The board plans to hold a meeting on October 30th at the Stockport Town Hall in order to pass the budget by November 20th.
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