N.Y. Comptroller Seeks Solutions to Local Fiscal Stress

After reporting that many local governments in New York are struggling to keep their financial houses in order, Comptroller Thomas DiNapoli is examining possible solutions, including creation of a “super control board.” The comptroller at this point is not working with Gov. Andrew Cuomo on legislation that could establish such a control board, said Jennifer Freeman, communications director for DiNapoli. Some solutions may be legislative, while others could include performing audits and providing classes on long-term fiscal planning, she added.

- Bond Buyer

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