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Fiscal Stress Monitoring System: School District Results for 2023-24

This report highlights Fiscal Stress Monitoring System (FSMS) results for school districts that reported for school fiscal year (SY) 2023-24, which ended on June 30, 2024. Of the 670 districts scored, 22, or 3.3 percent, received a fiscal stress designation. This is six more than in SY 2022-23. The report also includes a look at districts that have experienced chronic fiscal stress over the twelve years since FSMS began and a brief analysis of the system’s companion set of environmental indicators.

DiNapoli: 22 School Districts Designated in Fiscal Stress

Twenty-two school districts were designated in some level of fiscal stress under New York State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending June 30, 2024, up from 16 districts in fiscal stress the prior year. The low number of districts with stress designations largely reflects recent increases in state and federal aid.

DiNapoli: Disgraced Top Officials at School for At-Risk Students Arraigned on Public Corruption Charges

New York State Comptroller Thomas P. DiNapoli and Westchester County District Attorney Susan Cacace announced that two former officials at the Greenburgh-Graham Union Free School District, which serves at-risk students from kindergarten to 12th grade, were arraigned today on an indictment charging them with multiple public corruption offenses.

New Yorkers in Need: Homelessness in New York State

Homelessness in New York State has grown sharply, more than doubling between January 2022 and January 2024. A key reason for the increase has been the mass arrival of asylum seekers to New York in this period. While the homelessness increase was driven mostly by New York City, the rest of the State’s regions also experienced increases during this time period.

State Comptroller DiNapoli Statement on the Governor's 2025 Executive Budget

New York State Comptroller Thomas P. DiNapoli released the following statement on Governor Hochul’s Executive Budget proposal:

“The Executive Budget proposal put forth today by Governor Hochul comes at a time of continued economic growth and improving revenues. State Operating spending is projected to grow by 7.9%, which is above the rate of inflation. I’m particularly concerned about the out-year budget gaps of $23.2 billion for the next three fiscal years, even as the Governor proposes to extend the personal income tax surcharge on high earners.

DiNapoli: Numbers of Homeless Population Doubled in New York

Homelessness in New York state has grown sharply, more than doubling between January 2022 and January 2024, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Homelessness grew by 53.1% from January 2023 to January 2024, more than four times the rest of the nation.