Fiscal Stress Monitoring System – Municipalities: Fiscal Year 2021 Results

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Fiscal Stress Monitoring System, New York, OSC, Fiscal Year 2021, September 2022
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This snapshot highlights the results for counties, cities, towns and villages that reported for local fiscal years ending (FYE) 2021. Overall, the influx of federal pandemic relief aid and rapid recovery of sales tax revenues were significant factors in lowering many municipalities’ fiscal stress scores in FYE 2021, especially for calendar year local governments.