Second Quarter Financial Report
Comptroller’s Second Quarter 2023 Financial Report Presents Uncertainty Given Delayed Financial Accounting Kingston, NY (September 26, 2023) – Ulster County Comptroller March Gallagher released the 2023 Second Quarter Financial Report. Due to the lag in the closure of the 2022 financials and unrecorded transactions for the 2023 year within the …
2023 First Quarter Financial Report
Comptroller’s First Quarter 2023 Financial Report Shows Revenues Down and Expenditures Up from the Prior Year Kingston, NY (June 22, 2023) – Ulster County Comptroller March Gallagher released the 2023 First Quarter Financial Report. The County’s revenue collections decreased by $3 million in the first quarter of 2023 compared to …
2022 Sales Tax Snapshot
Ulster County Experienced Record Breaking 2022 Sales Tax Revenue Kingston, NY (April 10, 2023) – Ulster County Comptroller March Gallagher released the 2022 Sales Tax Report showing record breaking growth in last year’s sales tax revenues. The County’s sales tax collected was $165.4 million, $22.4 million above budget and a …
Real Property Tax Audit Release
Real Property Tax Collection Audit Finds Inadequate Collection Practices Kingston, NY (March 29, 2023) – Ulster County Comptroller March Gallagher released a Real Property Tax Collection Audit today. The audit had four major findings. The County is moving towards solutions for many of these issues including the purchase of new …
Short-Term Rental Occupancy Tax Collection Snapshot
Comptroller Recommends Occupancy Tax Enforcement Measures To Enhance Short-term Rental Revenues Kingston, NY (March 23, 2023) – Ulster County Comptroller March Gallagher released a Short-Term Rental Tax Compliance Snapshot today. The snapshot offers a follow up to the 2020 audit of occupancy tax collections from short-term rentals which found that …
2022 Third Quarter Financial Report
Comptroller’s Third Quarter 2022 Financial Report Indicates a Likely Significant 2022 Surplus Kingston, NY (January 4, 2022) – Ulster County Comptroller March Gallagher released the 2022 Third Quarter Financial Report. The third quarter of 2022 left the County in a strong financial position with continued economic growth. The County recognized …
Opioid Snapshot
Ulster County Comptroller Releases Snapshot Report on Opioid Fatalities and Settlement Funding Kingston, NY (December 9, 2022) – The Ulster County Comptroller has released a snapshot on the Opioid settlement funds received by Ulster County. Ulster County resident deaths from opioid overdose has increased 407% since 2014 and 11% between …
Historical Sales Tax Snapshot
County Comptroller Releases Historical Sales Data Showing Average Annual 15-year Growth Rate of 3.55% Kingston, NY (October 12, 2022) – The Ulster County Comptroller has released a snapshot report on Ulster County historic sales tax revenues. The County has had average annual sales tax revenue growth of 3.55% during the …
Press Release on Short-Term Rentals
Comptroller Releases Short-Term Rental Analysis: 3% of all Ulster County Housing Units Offered as Short-Term Rentals Kingston, NY (July 20, 2022) – Ulster County Comptroller, March Gallagher, released a snapshot report on the impact of the short-term rental market on Ulster County. The analysis compares Ulster County to other surrounding …
Comptroller’s Release of the 2022 Ulster County Fund Balance Report
Comptroller Finds Ulster County $54 Million Over Fund Balance Policy Limits,Recommends Funding Reserves, Avoiding Debt and Providing Tax Relief Kingston, NY (July 7, 2022) – Ulster County Comptroller March Gallagher released a report on Ulster County’s Fund Balance. The Comptroller’s analysis shows that the County is currently $54 million over …
Expansion of Real Property Tax Audit
Ulster County Comptroller Expands Real Property Tax Audit to Include Properties of Interest Kingston, NY (April 25, 2022) – Based on risk assessment and after several months of preparation, on March 29, 2022, the Office of the Ulster County Comptroller launched an audit of the real property tax collection process. …
$70 Million cash reallocation resulting from Investment Audit
Comptroller’s Audit Triggers $70 Million Cash Reallocation Expected to Create $68,000 in Additional Revenue for the Remainder of the Year Kingston, NY (April 4, 2022)– An audit of Ulster County’s Investment Policy released last week by Ulster County Comptroller March Gallagher’s office identified the need to analyze alternative investment opportunities …