Watertown Daily Times | Ogdensburg finances looking better, according to comptroller report

 

OGDENSBURG — The city’s bottom line has improved significantly during the past three years, according to Ogdensburg Comptroller Timothy Johnson.

“Basically, in summary, we’ve had a fairly good year financially,” Mr. Johnson told City Council Monday following a presentation on the municipality’s finances through the end of 2018. “In the last three years that I’ve been here this is the best year we’ve had.”

To shore up his point, Mr. Johnson said the city saw unanticipated savings in some areas, and pointed to an increase in sales tax revenue as another windfall for municipal coffers.

As a result, the city ended 2018 with a general fund balance of…

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