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NYS Comptroller


Taxpayers' Guide to State and Local Audits

Audits of Local Governments and School Districts

Village of Yorkville – Budget Review (B3-13-7)

Released: April 10, 2013 -- [read complete report - pdf]

Purpose of Audit

The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the Village’s tentative budget for the 2013-14 fiscal year are reasonable.


The Village of Yorkville is in Oneida County. The Village Board consists of the Mayor and four Trustees. The Village’s tentative 2013-14 general fund budget totals almost $1.9 million.

Key Findings

Based on the results of our review, except for certain matters, we found that the significant revenue and expenditure projections in the tentative budget are reasonable.

  • The Village has very limited fund balance and has proposed a limited contingency account.
  • The Village’s tentative budget complies with the tax levy limit.

Key Recommendation

  • Consider increasing the contingency appropriation in its adopted 2013-14 budget. A contingency account of 5 percent of appropriations ($94,000) would give the Village some flexibility in dealing with unexpected events.

Local Government and School Accountability Contact Information:

Phone: (518) 474-4037; Email:
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236