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Fiscal Stress

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This Westchester School District Under Fiscal Stress, State Comptroller Says This Westchester School District Under Fiscal Stress, State Comptroller Says
This Westchester School District Under Fiscal Stress, State Comptroller Says A Westchester County school district was among 33 statewide to be under “fiscal stress,” according to the New York State Comptroller. According to Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System, the Mount Vernon School District was “susceptible to fiscal stress,” for the school year that ended in 2019. The Comptroller said that the Fiscal Stress Monitoring System “analyzes a set of six financial indicators to create an overall stress score. The fiscal stress score determines if a district is in ‘significant fiscal stress,’ ‘moderate stress,’ ‘susceptible to stress’ or ha…

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by Zak Failla
Schools
Westchester School District Among 26 Flagged As 'Fiscally Stressed' Westchester School District Among 26 Flagged As 'Fiscally Stressed'
Westchester School District Among 26 Flagged As 'Fiscally Stressed' Twenty-six school districts, including two in the Hudson Valley, have been designated as fiscally stressed under New York State Comptroller Thomas P. DiNapoli's Fiscal Stress Monitoring System.  Rhinebeck Central School District in Dutchess County was flagged as one of seven New York districts that are experiencing "moderate fiscal stress."  Port Chester-Rye Union Free District, which approved a nearly $80 million school construction bond issue last spring and has another one on the ballot next month for major Middle School renovations, was labeled "susceptible to fiscal stre…

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by Jon Craig