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New York State Comptroller

Schools
These Long Island School Districts Under Fiscal Stress, State Comptroller Says These Long Island School Districts Under Fiscal Stress, State Comptroller Says
These Long Island School Districts Under Fiscal Stress, State Comptroller Says Multiple Long Island school districts were 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, eight districts were facing financial stress, including five in Suffolk County and three in Nassau County. 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 has …

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by Zak Failla
Lifestyle
These Are Most Financially Stressed Municipalities On Long Island These Are Most Financially Stressed Municipalities On Long Island
These Are Most Financially Stressed Municipalities On Long Island Some Long Island municipalities are among the most financially stressed in the state, according to a new report. New York State Comptroller Thomas DiNapoli released a report highlighting the communities and school districts that are financially stressed, including several on Long Island. DiNapoli said that he “created an early warning system for communities and school districts with fiscal problems. Alerting everyone to potential problems gives local officials and taxpayers the opportunity to be more proactive.” The system analyzed financial indicators, which “measure key drivers of fiscal…

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by Zak Failla