Fiscal Stress Monitoring System | WAMC

Fiscal Stress Monitoring System

NYS Comptroller Thomas DiNapoli in Plattsburgh
Pat Bradley/WAMC

Twenty-five of New York state’s local governments are in some form of fiscal stress, according to a new report by the state comptroller.

Plattsburgh City Hall
WAMC Photo

In 2013, New York state Comptroller Thomas DiNapoli implemented a Fiscal Stress Monitoring System that evaluates local governments. This week the office issued the scores for municipalities with fiscal years that ended on Dec. 31, 2017.  Plattsburgh was among the communities listed with the second-highest level of fiscal stress.  As WAMC North Country Bureau Chief Pat Bradley reports, the score was not a surprise to Mayor Colin Read.

NEW PALTZ – State Comptroller Thomas DiNapoli kicked off a Local Government Leadership Conference at SUNY New Paltz on Wednesday.  He told local officials that the State’s economic indicators are certainly more positive than they were two years ago, but when broken down to individual localities there are still significant challenges to face.

DiNapoli released the Fiscal Stress Monitoring System on Tuesday not to point fingers, but to inform the public so they can be more involved in addressing any issues within their locality.