The NYS Comptroller’s Office is now conducting fiscal stress tests for Counties, cities, and towns.
The System’s financial indicators are based on nine different calculations in the following five categories: Year End Fund Balance, Operating Deficits, Cash Position, Use of Short-term Debt and Fixed Costs.
The lower the score the better.
Fiscal stress scores of
65% and more = Significant stress
55% and more = Moderate stress
45% and more = Susceptible to stress
Hartford scored a very impressive low score of 3.3%
By copying or clicking on the link below, you will find the Comptroller’s fiscal stress score for Hartford (page eight) and other municipalities in the state for the year ending 2012.
Click to access municipalities_summary_list.pdf