Ulster County Comptroller

News

Press Release on Inaugural Popular Annual Financial Report

Kingston, NY (October 20, 2020) – Ulster County Comptroller March Gallagher has released Ulster County’s first ever Popular Annual Financial Report (PAFR). The Government Financial Officers Association notes that a PAFR is a way to communicate selected financial data to a broad audience. The information in the PAFR is drawn from the County’s Consolidated Annual Financial Report which complies with Generally Accepted Accounting Principles but may be hard to understand for those unfamiliar with financial and accounting terms.

2020 Press Release on 2nd Quarter Report

“Ulster County experienced immediate stark second quarter economic impacts as a result of the pandemic including significant local job losses and increased need for the Supplemental Nutrition Assistance Program and Medicaid. Initial economic shocks have been somewhat ameliorated as the economy re stabilized; however, Ulster County has seen reduced revenues that could continue throughout the rest of 2020,” said Ulster County Comptroller March Gallagher.

Recent Reports

2020 Popular Annual Financial Report

“I made a promise to the people of Ulster County to make County finances more transparent. This first ever Popular Annual Financial Report shows how much the cost of housing has escalated over the last five years. A greater cost of living, especially as we approach recovery from the pandemic, underscores the importance of monitoring the financial condition of the County,” said Ulster County Comptroller March Gallagher. “A more informed community will make better decisions," said Legislative Chairman David Donaldson.

2020 2nd Quarter Report

Kingston, NY (September 16, 2020) – Ulster County Comptroller March Gallagher released the 2020 Second Quarter Financial Report.As of June 30, the county has collected 46.5% of budgeted revenues compared to 48.0% collected at this time last year. Ulster County budgeted anticipated 2020 revenues of $342,876,601, a $13.6 million increase over 2019.As of June 30, the County has expended 37.9% of the projected budget compared to 41.1% at the same time last year.