2020 2nd Quarter Report

Comptroller’s 2020 Mid-Year Financial Report Underscores Pandemic Impact on Budget Performance and Economy Kingston, NY (September 16, 2020) – Ulster County Comptroller March Gallagher released the 2020 SecondQuarter Financial Report. As of June 30, the county has collected 46.5% of budgeted revenues compared to 48.0% collected at this time last …

Short Term Rental Occupancy Tax Audit

Short-term Rental Occupancy Tax Collection Inefficiencies Lead to Lost Revenues Kingston, NY (June 24, 2020) – Ulster County Comptroller March Gallagher released a two-part report on the program and finance aspects of occupancy tax revenues for short-term rental transactions in Ulster County. Occupancy tax collections have increased from $1.2 million …

Ulster County Taxation of Real Property Transactions

Equitably Taxing Real Property Transactions to Relieve Ulster County Taxpayers Kingston, NY (June 15, 2020) – Ulster County Comptroller March Gallagher released a report on taxation of real property transactions in Ulster County. The Ulster County Clerk recorded 4,450 mortgages in 2019. As a result, the Clerk administered $1.85 million …

2019 Ulster County Fiscal Stress Test

Ulster County Fiscal Stress Level Increases But Remains in “No Designation” Category Despite Fund Balance Usage Kingston, NY (May 18, 2020) – Ulster County Comptroller’s Office has released the latest Ulster County Fiscal Stress Test results. The New York State Office of the State Comptroller (OSC) developed the Fiscal Stress …

2020 4th Quarter Report

Ulster County Used $7.2 Million in Fund Balance as Expenses Exceeded Revenues in 2019 Kingston, NY (May 12, 2020) – Ulster County Comptroller March Gallagher released the 2019 4th Quarterly Report. The Report is mandated under §C-57(I) of the Ulster County Charter which requires the Comptroller’s Office to report on …