Due to careful budgeting practices, the Weedsport Central School District is no longer labeled as having fiscal stress. According to the latest audit by the office of New York State Comptroller Thomas P. DiNapoli, Weedsport’s status is “no designation.”

Weedsport had a “moderate fiscal stress” status last year.

“This classification is an acknowledgement of the hard work that the District’s business office engaged in during these turbulent fiscal times spurred by the pandemic,” said Superintendent Shaun O’Connor. “Moreover, credit is due the Board of Education for its demonstration of fiscal leadership on behalf of the taxpayers.”

Under the “fiscal stress monitoring system,” the New York State Comptroller assesses the financial health of school districts by using a variety of factors, including year-end fund balance, cash position, and patterns of operating deficits. It then assigns them a score between 1-100 percent. A score of between 65-100 percent signifies “significant fiscal stress,” anywhere between 45-64.9 percent qualifies as “moderate,” and 25-44.9 percent earns a district a “susceptible” designation. Districts below 25 percent do not make the list.

For the fiscal year ending in 2021, the state gave the District a score of 20.