This financial report provides an analysis of the financial condition of Ulster County and the local economy for the period from January 1, 2025, to March 31, 2025.
Overall, Ulster County budgeted an increase to revenues of $63.1 million for 2025. Most of the increase is related to the establishment of the Medical Self Insurance Fund, which budgeted for $24.2 million in interfund revenues. Appropriated fund balance increased to $35.1 million from $17.7 million, sales tax and state aid projections also increased. Revenues through the quarter of $117.1 million show the County had an increase of $1.6 million compared to the same period in 2024. Most of the actual increase from year-to-year is state aid revenues and increases in collections of sales tax and occupancy tax.
First Quarter Financial Report 2025
