New York Financial Control Board plans to meet in October instead of this month.

The seven-member New York State Financial Control Board has tentatively scheduled to meet on Oct. 8 instead of this month, and official with the state panel said yesterday.

"The governor's and the mayor's schedules were conflicting," said Michael J. Zino, deputy director of capital and finance for the control board.

Gov. Mario M. Cuomo, chairman of the board, and Mayor David N. Dinkins, also a member of the board, had both planned to be out of the country in September. Mr. Cuomo is heading to Japan. Mayor Dinkins had intended to lead a large contingent of public officials and private citizens to South Africa, but this week postponed the trip until later this year.

The board met in July and August and had tentatively sheduled a meeting for September. The rescheduled meeting is part of the board's stepped-up efforts to closely monitor the city's budget process.

In light of the city's pressing fiscal problems, the control board, created in 1975 to oversee the city's finances, decided in July to meet more frequently than its one formal, annual meeting.

The board, which is made up of four public officials and three private members, has not overseen the city's finances since it stepped aside in June 1986 and returned the fiscal reins to the mayor and administration. It could return if a number of events trigger a takeover.

In light of city Comptroller's Elizabeth Holtzman's concerns that she expressed in an August meeting about the city's budget problems and her call for a fall-back plan, administration officials had been slated to present a financial contingency plan this month. Ms. Holtzman is also a member of the control board.

Commenting on such a plan, Philip R. Michael, director of the city's Office of Management and Budget, said, "We don't have one in place, in terms of specifics."

He noted that his office will "be able to satisfy her concerns" when the board meets in October.

The members of the board, who voted in July and August not to take over the city's finances, will also discuss the success rate of the city's budget gap-closing plans for fiscal 1992, which began July 1. And a joint effort between the city and the state that was announced in August to reform their program relationships, is also expected to be discussed.

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