Two school districts in Tompkins County and one school district in Steuben County have been identified by the State Comptroller’s Office as being under some level of fiscal stress.
In Steuben County, Arkport school saw its fiscal stress score increase from the previous year placing it in moderate fiscal stress. Both the Trumansburg and Newfield school districts scored in the “susceptible to fiscal stress” level.
School districts are given a fiscal stress score based on several factors: year-end fund balance, operating deficits and surpluses, cash position, and reliance on short-term debt for cash flow. The higher the score the more severe the level of stress.
Complete List of School District Fiscal Stress Scores
School Districts in Stress for Fiscal Year Ending 2022
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