There are 87 school districts that qualify for being “fiscally stressed” according to a monitoring system developed by Comptroller Tom DiNapoli’s office.

The figure accounts for about 13 percent of school districts statewide and the survey itself included an evaluation o 674 schools.

“School districts are a critical barometer to the fiscal health of our local communities,” said DiNapoli. “Unfortunately, reductions in state aid, a cap on local revenue and decreased rainy day funds are creating financial challenges that more and more school districts are having trouble overcoming. My office’s fiscal stress scores highlight the need for school district officials to manage their finances carefully with an eye towards long-range planning and how they can operate more efficiently.”

Factors for qualifying under fiscal stress include depleted fund balance, cash on hand and patterns of operating deficits.

Of those school districts designated in fiscal stress, 12 school districts have been classified as in “significant fiscal stress,” 23 in “moderate fiscal stress,” and 52 as “susceptible to fiscal stress.”

The findings do not include four of the largest school districts in the state: Buffalo, Rochester, Syracuse and Yonkers.

Gov. Andrew Cuomo in his budget address is expected to propose another boost in education aid, which in prior years has been a 4 percent increase.

Cuomo in his State of the State address called for a $2 billion education bond act that would help fund infrastructure and equipment upgrades at schools.

Fiscal Stress Summary Results School Districts by Nick Reisman