The Erie County Fiscal Stability Authority (Control Board) accepted today a newly revised Four-Year Financial Plan prepared by the Collins’ administration, and as a result, has reverted to advisory status.  The Control Board has been in control status – or a hard board – since November of 2006.  The acceptance of Collins’ new financial plan allowed for the move back to advisory status – or a soft board. 

“I am very pleased that a year and a half into my administration, my team was capable of demonstrating to the Control Board our firm understanding and proper management of county finances,” said Erie County Executive Chris Collins.  “The County’s financial health and respect for hard-earned tax dollars remains the number one priority of my administration.  Despite the weak national economy and increasing cost-shifting from Albany, Erie County is in strong financial shape.  Our plan was also realistic and included several possible fiscal obstacles in the out years.”