This financial report highlights aspects of Ulster County’s fiscal status through the second quarter of 2021 (ending June 30th). [1] The second quarter left the County in a strong financial position when considering both year to date revenues and expenditures. Reduced spending, primarily due to a significant reduction in the County workforce, generated a significant reduction in both personal service and benefit related expenditures. Additionally, the County enjoyed increases in both State and Federal aid revenues coupled with historic growth rates in both sales and occupancy tax collections. The County closed the second quarter with a sizable operating surplus compared to both budgeted and historical figures. In addition, the County has received more than $17.2 million in federal funding under the American Rescue Plan.
