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DiNapoli releases list of fiscally stressed cities, villages

MARCH 22, 2019 | by Jason Subick | THE DAILY GAZETTE (NEW YORK)

Using its ‘Fiscal Stress Monitoring System’ the Comptroller's office evaluated all local municipalities with non-calendar year budgets. The fiscal stress system evaluated financial indicators including year-end fund balance, cash position, short-term cash-flow borrowing and patterns of operating deficits.

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