STOCKPORT, N.Y. – Stock port residents face a huge water rate hike if next year's budget is approved. The town is already $250,000 in the hole because of money that went missing, now residents are saying the burden is getting passed down to them.
Matt Murrell, the town supervisor explained, “We have a hole in this year's budget as well asno fund balance for next year.”
In October, a private firm revealed in an audit that the county's smallest town of 2,800 people was missing the money from its budget.
The current 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 could barely get through the towns tentative budget meeting for 2013, held in late October, without residents interrupting – fired up and looking for answers about how the town spent a quarter million dollars it didn't have – leaving taxpayers to foot the bill.
But although residents are outraged, Stockport can't wait; the board has to pass its 2013 budget by November 20th to stay afloat.