ALBANY, NY — Six villages in New York State have been designated as being in fiscal stress.

The Village of Saugerties in Ulster County was classified as being in “significant fiscal stress,” while the Village of Coxsackie in Greene County was listed in “moderate fiscal stress.” The four villages classified as “susceptible to fiscal stress” are: Chateaugay in Franklin County, Sackets Harbor in Jefferson County, South Dayton in Cattaraugus County, and Whitehall in Washington County.

The office of State Comptroller Thomas P. DiNapoli evaluated the fiscal health of 519 villages, which predominantly have a fiscal year ending on May 31, based on self-reported data for 2023. The scores also cover 17 cities with non-calendar fiscal years, including Buffalo, Rochester, Syracuse, and Yonkers, each of which have fiscal years ending on June 30.

“The number of local governments in stress remains low after emergency federal aid helped many stabilize their finances over the past few years,” DiNapoli said. “With that aid winding down, local officials should be closely monitoring their financial conditions, as some may have tougher choices ahead. I encourage local governments to use our self-assessment tool to help them budget and avoid potential pitfalls.”

The latest round of fiscal scores evaluated local governments with fiscal years ending between February 28 and July 31.