2021 Ulster County Fund Balance Report
Ulster County Comptroller Issues Fund Balance Report Examining Ten Years of Practice and Recommended Policy Changes (Kingston, NY – June 25, 2021) Ulster County Comptroller March Gallagher issued the Ulster County Fund Balance Report. Fund Balance can be thought of as Ulster County’s “rainy day fund.” It is a reserve …
American Rescue Plan
County Comptroller March Gallagher Shares Results of American Rescue Plan Survey Comptroller’s Office Solicited Input from Ulster Residents on Potential Uses of Funds (May 12, 2021 – Kingston, New York) Ulster County Comptroller March Gallagher’s office has been gathering input from Ulster County residents on how to best use the …
2020 3rd Quarter Financial Report
Comptroller’s Third Quarter 2020 Financial Report Shows Reduced County Expenditures Mitigate Pandemic Revenue Losses Kingston, NY (December 22, 2020) – Ulster County Comptroller March Gallagher releases the 2020 Third Quarter Financial Report. The County recognized $212.4 million, or 61.9%, of budgeted revenues by the close of the third quarter, the …
Inaugural Popular Annual Financial Report
Inaugural Popular Annual Financial Report Gives the Public Window into County Finances 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 …
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 $7.2 Million in Fund Balance as Expenses Exceeded Revenues in 2019 Kingston, NY (May 12, 2020) – Ulster County Comptroller March Gallagher released the 2019 4th Quarterly Report. The Report is mandated under §C-57(I) of the Ulster County Charter which requires the Comptroller’s Office to report on …
Revenue Impacts of COVID-19 in Ulster County
County Comptroller Issues Discussion Brief on Potential Covid-19 Ulster County Revenue Impacts Kingston, NY (March 13, 2020) –Ulster County Comptroller March Gallagher today published a discussion brief of potential revenue impacts as a result of COVID-19. “COVID-19 is likely to have substantial negative impacts on Ulster County sales and use …
Fiscal Stress Test Results Are In: NYS Comptroller Confirms Ulster County’s Strong Performance
Fiscal Stress Test Results Are In: NYS Comptroller Confirms Ulster County’s Strong Performance Kingston, NY (September 26, 2019) – Comptroller Adele B. Reiter is pleased to announce that Ulster County has maintained its six-year history of “stress free” operations, according to NYS Comptroller Thomas DiNapoli’s 2018 annual Fiscal Stress Test …
Million$ Monitored January-June 2017
$82 Million in the First Six Months of 2017 Kingston, NY (August 17, 2017) – Over 13,000 invoices totaling in excess of $82 million were reviewed by the Office of the Ulster County Comptroller during the first six months of 2017. In addition the Office examined and monitored 444 contracts, …