Show/Hide COVID-19 PANDEMIC: MASKS REQUIRED IN ALL COUNTY OFFICES & FACILITIES | Vaccines | FAQ | More COVID info Albany County, NY Home Contact Info Translate Search HOME OUR COUNTY GOVERNMENT DEPARTMENTS BUSINESS RECREATION County Comptroller - Meet the Comptroller About Us Fraud Hotline Newsroom Annual Financial Reports Audited Financial Statements Audits State of the Fiscal Addresses NEWS Albany County Issues $23 Million of Serial Bonds at 1.53% and Maintains AA Rating with a Stable Outlook Despite Pandemic Albany County maintained its strong credit rating and reputation in the municipal bond market resulting in an impressive savings for its taxpayers. 07/01/2021 11:42 am March was the Certified Government Financial Manager Month 04/08/2021 11:35 am Albany County Issues $40 Million Notes at an Impressive 0.2499% Interest Rate 12/10/2020 11:50 am More News Office of the Albany County Comptroller Department of Audit & Control Susan A. Rizzo, Albany County Comptroller Harold L. Joyce Albany County Office Building 112 State Street Room 1030 Albany, NY 12207 Phone (518) 447-7130 Visit me on Facebook! Government County Comptroller Print Share & Bookmark Press Enter to show all options, press Tab go to next option Font Size: + - Dear Albany County Residents: Welcome to the Albany County Department of Audit & Control. I am proud to serve the taxpayers as the first woman to be Albany County Comptroller. Since taking office in January of 2020, I have worked diligently to professionalize the Comptroller’s Office and ensure a smooth transition. The Department’s staff has worked in collaboration with other County departments to implement procedural changes in the Comptroller’s Office, which will increase efficiency in its operations and provide the highest quality of service to the County taxpayers. The Department of Audit continued to effectively uphold its responsibility to audit over 55,000 expense/vendor claims, conduct over ten departmental petty cash reviews and maintain its hotel and motel audit program by inspecting 30-40 hotels. The Department also completed a Time and Attendance audit, which identified several areas to improve policies and procedures related to tracking and recording of Albany County employees’ time and attendance. The recommendations from this audit will substantially reduce the risk that inappropriate or erroneous payroll time records would go undetected. The Department will continue to oversee the implementation of the recommended changes. Due to the strong County financials and the team of professionals in the Comptroller’s Office, Albany County maintained its strong credit rating and reputation in the municipal bond market, which resulted in an impressive savings for its taxpayers. Despite the COVID-19 shutdown, S&P Global Ratings (S&P) reaffirmed the County’s overall long term credit rating as AA with a Stable Outlook, ensuring a lower interest rate, while other municipalities have been downgraded. In June, the Comptroller completed a refinancing of a portion of the County’s outstanding debt that will save the taxpayers over $1 million at a 0.598% interest rate. Additionally, the County issued a minimal $4.1 million new debt. Proceeds will be used to purchase equipment for Shaker Place Rehabilitation & Nursing Center, maintain various County roads and improve the Sheriff’s Public Safety Building at interest rate of 1.7%. This rate is lower than initial expectations. As part of this borrowing process, the Comptroller’s Office already identified additional funds to transfer to debt reserve to pay down its existing debt. These additional reserves will further strengthen the County’s financial position. Additionally, the Comptroller and her staff will continue to draw upon their investment experience to professionally manage the County’s investments. I am a results driven individual with a history of achievement in the private sector. I represented the interests of the City of Albany’s taxpayers as its Chief City Auditor and I am excited to continue my service as the Albany County Comptroller. I will faithfully represent your interests to the best of my abilities by delivering results, savings, and accountability throughout the County. I consider public service to my community to be one of the greatest privileges. Please continue to visit the website periodically for more information as we continue to reduce wasteful spending, uncover additional revenue opportunities, and professionally invest County funds. Thank you for your time and interest in the Department of Audit & Control and the opportunity to serve you with integrity through fiscal accountability. Sincerely, Susan A. Rizzo Albany County Comptroller County Directory [PDF] Contact Us Sitemap Harold L. Joyce Albany County Office Building 112 State Street Albany, NY 12207 (518) 447-7000 We are on Created By GRANICUS - Connecting People and Government