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Hudson River-Black River official overpaid after retirement, inspector general finds | The Daily Gazette
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CAPITAL REGION The Hudson River-Black River Regulating District overpaid its former chief financial officer after his retirement, a report from state Inspector General Letizia Tagliafierro said on Thursday.
The report concluded that Richard Ferrara received more than $50,000 in wrongful retirement benefits when he left in October 2019, and that the regulating district took no action to address the mistaken payout. The regulating district has acknowledged the error and an official there said it first alerted the inspector general’s office to the discrepancy.
The HRBRRD maintains reservoirs and regulates water flow in two watersheds in the Adirondacks, including the upper Hudson River. It manages and maintains the Great Sacandaga Lake reservoir in Fulton and Saratoga counties, which controls the Sacandaga River’s flow into the Hudson, as well as the Black River
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Saratoga Economic Development Corp. sues state Authorities Budget Office, saying it’s exempt from oversight | The Daily Gazette
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The economic development organization that has helped bring scores of businesses to Saratoga County is suing the state Authorities Budget Office, contending it’s a private organization not subject to state oversight.
The Saratoga Economic Development Corp. says it is entirely privately operated, and revenue contracts it has with the Saratoga County Industrial Development Agency, Saratoga County, and two local IDAs create a “strictly contractual” relationship.
The lawsuit, filed Thursday in state Supreme Court for Albany County, disputes an October finding from the ABO that the SEDC is subject to state oversight, because “SEDC is sponsored by and affiliated with both Saratoga County and the Saratoga County Industrial Development Agency.”
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