New York State comptroller Thomas DiNapoli is conducting an audit of the city of Long Beach, which declared a fiscal emergency last month and faces a $10.25 million deficit.

“Under the prior administration, in certain departments, there were some questionable practices in terms of the receipt of funds,” Long Beach City Council member Scott Mandel said in a statement.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.