"财政情况欠佳" can be translated into English as "financial situation is not in good shape" or "financial condition is poor".
Both expressions convey the idea that the financial status is not satisfactory or is in a difficult state. Here are a few more examples for reference:
The company's financial situation is not in good shape this year. （公司今年的财政情况欠佳。）
The organization is facing a poor financial condition. （该组织正面临财政情况欠佳的困境。）