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Glen Cove celebrates 1st consecutive “No Fiscal Stress” rating from state
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Glen Cove celebrates 1st consecutive “No Fiscal Stress” rating from state
The City of Glen Cove received its best fiscal stress score from the Office of the State Comptroller Thomas DiNapoli since 2017, and has achieved a “No Fiscal Stress” score two years in a row for the first time. “Glen Cove’s finances are stronger than they have been in many years,” said Mayor Panzenbeck. The fiscal stress monitoring system was introduced in 2013 and provides a rating for the year ending in 2012. The comptroller's office said the…
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