Independent auditing firm meets with City of New Rochelle officials to look into yearly & undesignated fund balance
The city's undesignated fund balance was $24,467,799 in 2023. That figure stood at $10,813,821 as of December 2024
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An independent auditing firm met with City Council members in New Rochelle to look into its yearly balance and undesignated fund balance on Tuesday.
The city's undesignated fund balance was $24,467,799 in 2023. That figure stood at $10,813,821 as of December 2024
The announcement was revealed before City Council members.
They expressed frustrations over how and when the money was spent, with many saying they were not aware.
