Saratoga County Receives Clean Audit 

BALLSTON SPA— Saratoga County received a clean audit report, demonstrating the excellent fiscal stewardship of the Treasurer’s Office and depicting an important measure of financial stability for county government, county Acting Treasurer JoAnn Kupferman announced. The audit also reaffirms the County’s strong credit ratings by both Standard and Poors (AA+) and Moody’s (Aa1) and reflects the County’s responsible and transparent financial practices. 

The independent auditor, EFPR Group, reported that Saratoga County received an unmodified opinion (clean opinion) for FY2023, in a report dated Oct. 23, 2024. According to the report, the auditor found the financial statements are presented fairly and in accordance with accounting principles generally accepted in the United States of America (GAAP).  Additionally, the audit did not identify any deficiencies in internal control and noted the County’s exceptionally light debt burden. 

Review of the County’s financial reports for the past 10 years shows that the County has seen an exponential growth in investment income, a steady increase in its fund balance, and has consistently kept expenditures below revenues, providing for the County’s financial stability. 

Saratoga County’s financial reports spanning the years 2006 to 2023 can be found at www.SaratogaCountyNY.gov/Treasurer.