Authorizes Little Falls, New York, to issue bonds to liquidate deficits in its general, golf, and water funds.

This bill authorizes the city of Little Falls in Herkimer County, New York, to issue serial bonds up to $3.4 million to liquidate deficits in its general, golf, and water funds. It requires the city to prepare quarterly budget reports, quarterly trial balances, and a three-year financial plan. The state comptroller can review and make recommendations on the affordability of any proposed issuance or contract.

Authorizes Little Falls, New York, to issue bonds to liquidate deficits in its general, golf, and water funds.

This bill authorizes the city of Little Falls in Herkimer County, New York, to issue serial bonds up to $3.4 million to liquidate deficits in its general, golf, and water funds. It requires the city to prepare quarterly budget reports, quarterly trial balances, and a three-year financial plan. The state comptroller can review and make recommendations on the affordability of any proposed issuance or contract.