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The New York state comptroller has designated the Fredonia Central School District as financially stressed.

Fredonia was one of 22 districts named statewide in Comptroller Thomas DiNapoli’s report, released Friday. It was called “susceptible to financial stress,” the lowest threat level among three designations. The others are “significant financial stress” and “moderate financial stress.”

According to the Comptroller’s Office, “DiNapoli’s Fiscal Stress Monitoring System was designed to identify those school districts, counties, cities, towns and villages that are having difficulties with budgetary solvency, or the ability to generate enough revenue to meet expenses. School districts receive a fiscal stress score that is based on several factors: year-end fund balance, operating deficits and surpluses, cash position, and reliance on short-term debt for cashflow. The higher the score, the more severe the level of stress.”