DiNapoli Announces Latest Fiscal Stress Scores

State Comptroller Thomas DiNapoli's Fiscal Stress Monitoring System has designated 40 municipalities across the state as "fiscally stressed."

That includes 10 counties, 10 cities and 20 towns.  14 communities have been listed in the second highest category of "moderate fiscal stress", including the City of Little Falls.

Rome and Utica received no designation.

Another 18 municipalities have been listed in the third category as "susceptible to fiscal stress."

“The challenges facing local governments across the state are real,” said DiNapoli. “Our monitoring system has shown that for those localities experiencing financial hardship, it can be difficult to overcome challenges that have been years in the making. Local officials should be carefully examining their scores and using this system to determine how they can budget prudently and develop realistic long-term financial plans.”

This is the fourth year DiNapoli's office has evaluated the financial stability of local governments.