Fiscal Stress Rating
What does this measure?
The indicator being measured is the fiscal stress rating of various school districts in Orange County, which assesses their financial stability and environmental conditions that impact their operations. The data includes fiscal scores (reflecting financial performance) and environmental scores (indicating external factors affecting the districts) over several years.
Summary Statement
The statistics reveal a trend where many districts have consistently maintained a fiscal score of 0.0% suggesting limited financial stress. However, environmental scores vary significantly across districts. For instance, some districts, such as Greenwood Lake Union Free and Tuxedo Union Free, have demonstrated declining environmental scores compared to earlier years, such as 2020 and 2021, when both districts had a score of 0%. Greenwood Lake Union Free increased to 6.7% in more recent years (2022 through 2024), while Tuxedo Union Free increased to 6.7% in 2022, then further to 13.3% in 2023, reaching its highest of 45% in 2024. In contrast, districts such as Kiryas Joel UFSD exhibited decreases throughout each year, with a rating of 75% in 2013 then decreasing to 0% in 2024.
Sources
New York State Office of the State Comptroller, "Fiscal Stress Monitoring System: Municipalities in Stress, Fiscal Years Ending 2013"
http://osc.state.ny.us/localgov/fiscalmonitoring/index.htm
http://www.recordonline.com/apps/pbcs.dll/article?AID=/20130620/NEWS/306200344
http://www.osc.state.ny.us/localgov/fiscalmonitoring/pdf/schools/schools_summary_lists.pdf
https://www.osc.ny.gov/local-government/fiscal-monitoring/archived-data-and-publications