Revenue
Ulster County Comptroller Reports on Former IBM Campus Redevelopment: $9.5 Million in Public Obligations Unpaid, Foreclosure Proceedings Underway
The report shows that the developer, two single-purpose LLCs created by Connecticut-based National Resources operating as iPark, owes $6.56 million in unpaid mortgage payments and $2.93 million in delinquent property taxes, for a combined public-sector obligation of approximately $9.5 million. The Ulster County Economic Development Alliance (UCEDA), which managed the …
Comptroller Releases Sales Tax Analysis Showing Electronic Shopping Boosted Ulster County Sales Tax Revenue
(Kingston, NY, March 4, 2026) – Ulster County Comptroller March Gallagher released a Sales Tax Revenues Snapshot showing that 2025 actual sales tax revenue of $180.9 million exceeded projected revenue by $5.9 million. Sales tax is a substantial revenue for the County and provided 38% of all budgeted revenues for …
Press Release Re: 2024 Comptroller’s Financial Report
Kingston, NY (November 13, 2025) – Ulster County Comptroller March Gallagher published a report on the County’s 2024 financial performance, as reflected in the annual audited financial statements. Ulster County ended 2024 in a strong financial position, with revenues exceeding expenditures and independent auditors issuing a clean opinion on the …
Press Release RE: Short-Term Rental Report 2025
Kingston, NY (September 22, 2025) – Ulster County Comptroller March Gallagher today released a new report highlighting the rapid growth of short-term rentals (STRs) and their increasing pressure on the county’s housing market. In the ten years since 2015, the number of STRs in Ulster County has increased by 220%, …