- Associated Press - Friday, September 25, 2015

ITHACA, N.Y. (AP) - The New York Comptroller’s Office says the upstate city of Ithaca has failed to submit its finances to the state’s Fiscal Stress Monitoring System for the third year in a row.

The Ithaca Journal reports (https://ithacajr.nl/1NYbsXF ) Ithaca is the lone city in New York not to file this year, missing both the April 1 deadline and a June 1 extension.

The Comptroller’s Office has assigned a fiscal-stress score to the state’s municipalities for the past three years. The scores are based on nine variables, including the local government’s level of short-term debt and deficits.

Ithaca Controller Steve Thayer says the city will file its data by the end of the year. Thayer cited short-staffing created by budget constraints as the reason for the city’s delay.


Information from: The Ithaca Journal, https://www.theithacajournal.com

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