N.Y. Comptroller's Office to identify struggling municipalities

04/9/2013 | Reuters

The Fiscal Stress Monitoring System, a system from New York Comptroller Thomas DiNapoli, is designed to identify local governments that are facing fiscal strain and allow the Comptroller's Office to step in with assistance and training before the problems become severe enough to require drastic measures such as bankruptcy. The first locales on the list are set to be released in May, DiNapoli's office said.

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