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, including debt management, fund balance, and revenue stability.
This achievement continues a decade-long trend of financial excellence for the Town, which has steadily reduced its stress scores over the years through careful budgeting, strategic investments, and prudent financial oversight.
Brookhaven also maintains AAA bond ratings from Moody’s and Standard & Poor’s, highlighting its strong financial management, commitment to transparency, and ability to borrow at the lowest interest rates—benefiting taxpayers across the community.
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. It’s not just about numbers—it’s about ensuring Brookhaven can continue to provide quality services and invest in our future.”
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 and to help ensure the Town remains a model for fiscal stability in New York.”
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, reinforcing the Town’s ability to weather economic uncertainty while maintaining essential services for its residents.