This financial report highlights aspects of Ulster County’s fiscal status through the third quarter of 2021 (ending September 30th). The third quarter of 2021 leaves the County in a strong financial position with continued growth. The economy largely rebounded with lower unemployment but increased prices. The County recognized $244.5 million or 73.1% of budgeted revenues through the third quarter compared to only 69.1% by the same period in the previous fiscal year. The County expended $190.5 million, or 57.0% of budgeted expenditures compared to 55.8% through the same quarter last year. The County’s cash balance is high following an annual trend, with the addition of ARPA funds.
