NYS Comptroller's Office Removes Fiscal Stress Designation for Various Local Governments in New York City

Apr 28, 2023
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The NYS Comptroller's Office recently announced the removal of fiscal stress designation for several local governments in New York City. This comes as a positive development for these entities, signifying a significant improvement in their financial stability and overall performance. The removal of fiscal stress designation indicates a successful effort in managing budgets, reducing debt levels, and implementing strategic financial planning.

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Kapil Mohan
Great news for NYC! ??
Oct 6, 2023