(The Center Square) — The number of New York cities, towns and villages facing financial stress increased last year, according to a new report from the state’s top fiscal watchdog, which warns that looming federal funding cuts will add to the budgetary pressure on local governments.
The report released by state Comptroller Tom DiNapoli found that 23 local governments in New York state were designated in fiscal stress in the fiscal years ending in July, up from 14 a year ago.
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