The Town of Brookhaven has, for the third year in a row, received a perfect Fiscal Stress Score of 0.0 from the New York State Comptroller’s Office, reaffirming its position as one of the most financially stable municipalities in the state.
The score reflects both fiscal and environmental stress indicators, with Brookhaven achieving the lowest and best possible rating in every category.
This achievement continues a decade-long trend of financial excellence for the Town, which has steadily reduced its stress scores over the years.
Brookhaven also maintains AAA bond ratings from Moody’s and Standard & Poor’s, highlighting its strong financial management and commitment to transparency.
Supervisor Dan Panico said, “We’ve built a culture of fiscal responsibility and long-term planning. These scores validate the hard work of our team and our dedication to the residents we serve.”
Deputy Supervisor Neil Foley added, “Supervisor Panico’s leadership has elevated Brookhaven’s financial standing to a gold standard. It’s an honor to be part of this team.”
The Fiscal Stress Monitoring System, developed by Comptroller Thomas P. DiNapoli, evaluates municipalities using key financial and demographic indicators to provide early warnings of fiscal challenges.
Brookhaven’s continued success reflects its proactive policies, careful planning, and resilient financial strategy.