Wednesday, March 7, 2018




Orange County’s unassigned fund balance grows

GOSHEN – Orange County Government’s unassigned fund balance grew by $7 million in 2017, bringing the total reserve fund to $51.2 million.

“These numbers demonstrate that our fiscally conservative policies coupled with our aggressive economic development initiatives are paying dividends for our budget and the county taxpayers,” said County Executive Steven Neuhaus. “Continued economic growth is key to our future budgetary success and remains my priority.”

The unappropriated fund balance is often called the rainy day fund and may be tapped as a means of balancing the budget without raising taxes.

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