2024 Third Quarter Financial Report
Today, the Ulster County Comptroller’s Office released the 2024 Third Quarter Report. Through the third quarter of 2024, Ulster County has experienced increased revenue from state and federal aid, as well as higher collections from sales tax and occupancy tax. These factors have resulted in a substantial surplus at the …
Audit of Installment Contracts Shows Opportunities for More Consistent Enforcement
Kingston, NY (December 4, 2024) – Today Ulster County Comptroller March Gallagher released an Audit of Real Property Tax Installment Agreement Contracts. When a real property taxpayer becomes delinquent on their property taxes, they can enter into an installment agreement contract with the County to repay the back taxes. The …
Comptroller’s Fund Balance Report
Comptroller Finds Ulster County General Fund $31.1 Million Over Fund Balance Policy Limits, Recommends Protecting Taxpayers from Future Economic Downturns Kingston, NY (October 31, 2024) – Ulster County Comptroller March Gallagher released a report on Ulster County’s Fund Balance. The Comptroller’s analysis shows that at the close of 2023, the …
Issuance of First Quarter Financial Report
Comptroller’s First Quarter 2024 Financial Report Shows Revenues Down and Expenditures Up from the Prior Year Kingston, NY (June 18, 2024) – Ulster County Comptroller March Gallagher released the 2024 First Quarter Financial Report. The County’s revenue collections decreased by $570 thousand in the first quarter of 2024 compared to …
Comptroller’s 2023 Annual Report with Risk Assessment
Comptroller’s Office Annual Report Identifying Risks To Ulster County Kingston, NY (March 29, 2024) – Ulster County Comptroller March Gallagher issued the 2023Comptroller’s Annual Report and Risk Assessment. The Annual Report and Risk Assessment are mandated by Ulster County Charter §C-57(A). Over the last several years the Comptroller’s Office has …
2023 Third Quarter Financial Report
Ulster County on Track to Close Out 2023 in Strong Position Kingston, NY (January 8, 2024) – County Comptroller March Gallagher released the 2023 Third Quarter Report. The third quarter saw a lowering of consumer prices with strong gross domestic product and these national factors helped grow the County’s economy …
Ulster County Follow Up Investment Audit
Ulster County Investment Earnings Not Maximized or Diversified Kingston, NY (December 21, 2023) – County Comptroller March Gallagher released a follow up audit today finding that Ulster County earned an additional $4.21 million as a result of reallocation of investments since the Comptroller’s 2022 Investment Policy Compliance Audit. However, the …
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 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 …
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. …