Capital Region villages under significant fiscal stress, State Comptroller reports

Capital Region villages under significant fiscal stress, State Comptroller reports

ALBANY, N.Y. (NEWS10)-- The village of Saugerties, the village of Cambridge and the village of Coxsackie were named three of nine villages under fiscal stress for 2024, according to the New York State Comptroller Thomas DiNapoli. Based on self-reported data from these municipalities, the comptroller's office has designated the villages under moderate and significant fiscal stress. Get the latest news, weather, sports and entertainment deliv…

Village of Cambridge under ‘severe fiscal stress’

Cambridge was one of just three villages considered in “significant fiscal stress,” per New York State Comptroller Thomas DiNapoli’s report.

Nine NY Villages Designated to be in “Fiscal Stress” - Finger Lakes Daily News

Nine villages were designated in fiscal stress under his office’s Fiscal Stress Monitoring System (FSMS) for their fiscal year ending in 2024. State Comptroller Thomas DiNapoli’s office evaluated all non-calendar year local governments that filed their financial reports in time to be scored and designated […]