From The Desk Of yonkers Newswire Editor Brian Harrod.....
IT IS HITTING THE FAN: Yonkers Faces "Significant’ Fiscal Stress"
PHOTO: The official website of the Office of the New York State Comptroller. Thomas P. DiNapoli says things are not looking good for Yonkers
ALBANY – The City of Yonkers is among the six municipalities in the state that Comptroller Thomas DiNapoli has classified as having significant fiscal stress. The review covers fiscal year 2020.
The City of Yonkers fell within the significant stress list based on data as of February 27, 2021 from annual financial reports submitted to the comptroller.
The Fiscal Stress Monitoring System and resulting fiscal stress designations rely on data from annual financial reports submitted by local governments to the comptroller’s office.
The list included non-calendar fiscal year-end municipalities that did not file their annual fiscal reports.
They include the following villages:
Bloomingburg, Sullivan County
Buchanan, Westchester County
Catskill, Greene County
Chatham, Columbia County
Ellenville, Ulster County
Elmsford, Westchester County
Fishkill, Dutchess
Hunter, Greene
Larchmont, Westchester
Monticello, Sullivan County
Mount Kisco, Westchester County
Piermont, Rockland County
Pomona, Rockland County
Saugerties, Ulster County
Sleepy Hollow, Westchester
Spring Valley, Rockland County
Washingtonville, Orange County
https://yonkersnewswire.com/index.php/2021/04/05/it-is-hitting-the-fan-yonkers-faces-significant-fiscal-stress-by-brian-harrod/
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