Niagara Gazette —
The purpose is to provide a third-party analysis for local officials to use when making decisions and to provide more information for the public, creating a better informed citizenry, DiNapoli said.
"If you don't give the public more of a chance to be informed about what's going on - honest number - it's going to be hard for them to have the kind of input that's going to help move public policy in the direction that's going to be in the interest of what the community wants," DiNapoli said. "That's kind of what democracy should still be all about."
Mayor Paul Dyster compared the fiscal profile to a regular doctor's check up.
"If you don't know what's happening to you, you are not going to be in a position to figure out what to do to fix the problem," Dyster said. "The earlier you know what is going on, the more options you have for a remedy."
Dyster - who was praised by DiNapoli for his efforts to plan for the city's future - said he and City Controller Maria Brown try to think of "five-year plans" when considering the city's finances.
"We want to look past the problems of today and look toward problems that we are facing in the future," Dyster said.
Dyster said the city's financial problems go beyond the stoppage in casino funds and he appreciates the state's efforts to help Niagara Falls and other communities get out ahead of those and other issues.
"We need a very strong partnership with the state to get us out of this situation," Dyster said.