NORTH GREENBUSH — Town Comptroller Michael Chaires Sr. insists that North Greenbush has stemmed expenditures since a recently surfaced audit report warned of the government becoming “insolvent” if heavy fund balance spending continues.
The Cusack & Company report, addressed to “the Supervisor and Members of the Town Board” in late May, was shared by Democratic Councilwoman Mary Frances Sabo with the Times Union on Monday after she obtained a copy on Oct. 6. It was not distributed to her when it was released, due to what Chaires described as an error.
The four-page document details perceived fiscal weaknesses, including losses in the town fund balance, which dropped from $11.3 million to $3.2 million between the end of 2022 and 2024…