State Comptroller Thomas DiNapoli has issued fiscal stress scores for 17 cities in New York -- including Utica.

DiNapoli says Utica improved its score and moved out of a "fiscal stress' designation.  However, DiNapoli says Utica is still in close proximity to the “susceptible to fiscal stress” category.

The monitoring system uses financial indicators including year-end fund balance, short-term borrowing and patterns of operating deficits.

It creates an overall fiscal stress score which classifies whether a municipality is in “significant fiscal stress,” in “moderate fiscal stress,” is “susceptible to fiscal stress” or has “no designation.”

The scores were for cities that have fiscal years ending between March 31st and July 31st.

 

 

 

 

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