Two dozen communities in New York have been designated as fiscally stressed under State Comptroller Thomas P. DiNapoli’s new Fiscal Stress Monitoring System. The list includes eight counties, three cities and 13 towns.
The Fiscal Stress Monitoring System and resulting fiscal stress designations rely on data (as of 5/31/2013) from annual financial reports submitted by local governments to the Office of the State Comptroller. This list (sorted in order of fiscal stress score) includes only municipalities with fiscal years ending on 12/31/2012. All towns and counties, 44 cities and 10 villages have a 12/31 fiscal year end.
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