The object of the monitoring system is to help New York State local officials deal with fiscal
challenges and to identify clearly those local governments and school districts
that are moving towards, or are already in, fiscal stress. Such monitoring of
the fiscal health of local governments and school districts should allow for early
actions to prevent these entities from ending up in severe fiscal stress. The
preventive actions – ideally developed with active participation from citizens
who will be affected − should result in less cost and less disruption to vital
services.
The Fiscal Stress Monitoring System evaluates local
governments (counties, cities, towns and villages)and school districts based on both financial and
environmental indicators. The financial indicators will be calculated using financial data that is filed in
annual update documents (AUDs) by each local government and in annual financial reports (ST-3s) for
school districts. A score will be calculated for each financial indicator to arrive at an overall score for
each local government and school district, which will then be used to classify whether the unit is in
“significant fiscal stress,” “moderate fiscal stress,”is “susceptible to fiscal stress,” or “no designation.”
Below are the stress scores for entities from Herkimer and Oneida Counties. For a full explanation of the scores visit the Comptroller's link above.
Herkimer County
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Oneida County
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The website will also give you a full fiscal self assessment of each municipal entity if you click on their scores.
