Comptroller: After one-time items Peekskill's Q2 shows a $55,000 net surplus
Comptroller Tony Tracy told the council the city is tracking close to budget for the second quarter of 2026 after removing one-time revenues and expenses; he flagged parking-meter revenue shortfalls, ambulance-contract and snow-overtime increases and a $3.9 million one-time receipt tied to a pilot program.
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Tony Tracy, the city comptroller, presented the city's 2026 second-quarter budget-to-actual review and said the accounting shows the city roughly on track once one-time items are excluded. "So it is showing a projected excess of about $3,900,000," Tracy said, then explained he removed that one-time pilot payment and a separate $2.5 million bond/insurance-related litigation expense from the operating totals to assess the run rate.
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