Comptroller Announces List of Fiscally Stressed School Districts

New York State Comptroller Tom DiNapoli announced the list of school districts that have been designated fiscally stressed by the Comptroller’s Fiscal Stress Monitoring System. The list includes 26 school districts that are fiscally stressed or susceptible to fiscal stress. Districts contained in this report do not include any school districts from the “Big Four” cities of Buffalo, Rochester, Syracuse and Yonkers, which will be released later in the year. The Comptroller’s monitoring system does not monitor New York City districts. Only 12 districts were designated as stressed in both 2018 and 2017.

The Comptroller said:

 “Despite the ongoing financial pressures facing school districts, our fiscal stress monitoring system has revealed encouraging results in several communities. However, school boards and superintendents must remain cautious. Today’s budget decisions can have long-lasting implications and can quickly move a district into fiscal stress.”