Village Of Clinton Susceptible To Fiscal Stress
New York State Comptroller Thomas DiNapoli’s Fiscal Stress Monitoring System has identified 15 villages across the state that are in some level of fiscal stress.
That includes the Village of Clinton, which is listed as “susceptible to fiscal stress.”
The comptroller’s office uses financial indicators including year-end fund balances, cash position and patterns of operating deficits to create an overall fiscal stress score.
DiNapoli says although the number of villages designated as fiscally stressed is small, village officials across the state must be on alert.