State audit criticizes Nisky record-keeping

Niskayuna water tower, photo shot May 2014 by Peter R. Barber

Niskayuna water tower, photo shot May 2014 by Peter R. Barber

Niskayuna town officials provided little oversight of certain duties of the town receiver of taxes and assessments, according to an audit released Friday by Comptroller Tom DiNapoli. “For example, the receiver failed to perform bank reconciliations and did not deposit more than $740,000 of water fees in a timely manner,” according to a press release.