A new report from the state comptroller's office says the East Aurora Union Free School District is facing major financial issues.

East Aurora is just one of two districts across the state graded "in significant fiscal stress" according to the state's monitoring system.

That's because of spending and a lack of revenues affecting the district's fund balance.

Local districts on the list rated as "susceptible to fiscal stress" include West Seneca, Springville Griffith, Lake Shore and Niagara Wheatfield.