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March 28, 2024

New York State's State Comptroller raises concerns about local governments missing critical deadlines and not filing required financial information

On March 27, 23024, New York State Comptroller Thomas P. DiNapoli announced that six villages were designated in fiscal stress under the Fiscal Stress Monitoring System (FSMS). DiNapoli’s office evaluated all non-calendar year local governments and designated one village in “significant fiscal stress,” one in “moderate fiscal stress,” and four as “susceptible to fiscal stress.”

The following items are also posted on the Internet. Click on the text highlighted in color to access a particular report.

 

List of Villages and Cities in Fiscal Stress - Municipalities in Fiscal Stress

 

List of Villages and Cities that Failed to File Financial Information - Municipalities that Failed to File or Inconclusive List

 

Complete List of Fiscal Stress Scores - Data Files

 

FSMS Search Tool - Tool

 

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NYPPL Blogger Harvey Randall served as Principal Attorney, New York State Department of Civil Service; Director of Personnel, SUNY Central Administration; Director of Research, Governor’s Office of Employee Relations; and Staff Judge Advocate General, New York Guard. Consistent with the Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations, the material posted to this blog is presented with the understanding that neither the publisher nor NYPPL and, or, its staff and contributors are providing legal advice to the reader and in the event legal or other expert assistance is needed, the reader is urged to seek such advice from a knowledgeable professional.
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