Wary of fiscal overlord option
Photo credit: Daniel Acker | An undated file photo of NYS Comptroller Thomas DiNapoli.
Ever so cautiously, top state elected officials have broached the possible creation of an appointed board or system of boards to oversee local governments in deep fiscal distress.
Their caution makes political sense.
Outside fiscal control -- the approximate equivalent of a public entity falling into receivership -- can be legislative dynamite, the stuff of last resort.
But state...
