2021 First Quarter Financial Report
Comptroller’s First Quarter 2021 Financial Report Shows Ulster County Poised for Significant Economic Rebound Kingston, NY (August 16, 2021) – Ulster County Comptroller March Gallagher released the 2021 First Quarter Financial Report showing better than expected results across several revenue categories and consistent results in expenditures indicating signs of economic …
2020 Ulster County Fiscal Stress Report
Ulster County Shows No Fiscal Stress Structurally Balanced Budgets Can Keep the County in Good Standing Kingston, NY (July 12, 2021) – Ulster County Comptroller’s Office has released the latest Ulster County Fiscal Stress Test results for the year ended 2020. The New York State Office of the State Comptroller …
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 …
Press Release Calling For Delay on Scheduled Tax Auction
Ulster County Comptroller March Gallagher Calls on the Ryan Administration to Delay Tax Auction So Online Methods Can Accommodate Remote Bids Kingston, NY (October 21 2020) – The Ulster County Comptroller’s Office has received multiple complaints from potential auction bidders that were denied participation in the auction because of in …
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 …