Fulton Moving Ahead With Financial Restructuring Board Assistance
The city’s budding partnership with the state’s new Financial Restructuring Board for Local Governments has moved from application to discovery as Fulton city leaders learn more about the program and Albany’s administrators identify their model. The NYS Restructuring Board for Local Governments was staffed with 10 appointees last fall to make recommendations to qualified local governments on improving fiscal stability, management and the delivery of public services. The board is empowered to provide awards of up to $5 million per municipality.


