Without Consequences For Not Filing, Fiscal Stress Rankings Are Pointless
State Comptroller Thomas DiNapoli’s office released its latest fiscal stress rankings last week. Don’t look to see Jamestown, Fredonia or Dunkirk on the lists though. They didn’t file the required reports in time to be included in the rankings. Those who pay attention to local budgets know the news isn’t good for Dunkirk, which is getting by on loans from the state while staving off a financial control board by the skin of its teeth. Fredonia’s village budget approved in April came with a 65% tax increase. Jamestown, meanwhile, is in the best shape of the three but ...