Tuesday, August 8, 2017

  WXPort  

  

Ulster County remains financially healthy, county comptroller says

KINGSTON – The second quarter report of Ulster County Government’s finances demonstrates that “financial competence remains healthy,” County Comptroller Elliott Auerbach said Monday.

He said five categories were analyzed – fund balance, operating deficits, cash position, short term debt, and fixed costs – and “they appear to indicate the county has remained stable while operating within a complex set of fiscal constraints.”

Auerbach also said the report looked at environmental indicators.

“Changes in population, changes in employment, changes in sales tax receipts, and right now the snapshot report shows we are and continue to be consistently healthy,” he said.

Auerbach said efficiencies in government and one-shot cash infusions like the sale of the Golden Hill nursing home helped the county maintain its solid financial position.

 


Copyright © 2017 Mid-Hudson News Network, a division of Statewide News Network, Inc.
This story may not be reproduced in any form, by any media, without express written consent.
This includes rewriting, broadcasting and/or printing of material from MidHudsonNews.com,
by websites, radio and television stations, newspapers or other media

 

 


HEAR today's news on MidHudsonRadio.com, the Hudson Valley's only Internet radio news report.