Ulster County Comptroller

News

Press Release on 2021 Second Quarter Financial Report

Kingston, NY (September 15, 2021) – Ulster County Comptroller March Gallagher released the 2021 Second Quarter Financial Report. Second quarter financials show that the County continues to enjoy historic growth rates in sales and occupancy tax collections while reductions in county workforce reduced year to date expenditures. The County recognized $179 million, or 53.6%, of budgeted revenues by the close of the second quarter, $20 million more than the same period in 2020. Sales tax windfalls indicate that this revenue source will more than likely exceed budgeted values for the year.

Press Release on 2021 Mid Year Sales Tax Report

Kingston, NY (August 31, 2021) -- The first six months of 2021 Ulster County sales tax collections have shown record breaking growth. Mid-year collections have shown a 32% increase when compared to 2020 figures, a growth rate that more than surpasses the effects of the pandemic on sales tax revenues. “If the current trends continue, we project that these revenues will exceed the budged projections in the current year,” said Comptroller March Gallagher.

Recent Reports

2021 Second Quarter Financial Report

This financial report highlights aspects of Ulster County’s fiscal status through the second quarter of 2021 (ending June 30th). [1] The second quarter left the County in a strong financial position when considering both year to date revenues and expenditures. Reduced spending, primarily due to a significant reduction in the County workforce, generated a significant reduction in both personal service and benefit related expenditures.

2021 Mid Year Sales Tax Report

Sales Tax collections in 2021 have shown record breaking growth in this revenue source for the County and the municipalities that rely on this revenue as a vital source of funding. Mid-year collections have shown a 32% increase when compared to 2020 figures, a growth rate that more than surpasses the effects of the pandemic on this revenue source. Should current trends continue, the County will see a significant windfall in these revenues in the current year.