KINGSTON – Ulster County Government is the fourth most financially stable locality in the state, according to the latest fiscal stress report issued by state Comptroller Thomas DiNapoli.
The higher the fiscal score, the more fiscally stressed a county is rated. In Ulster’s case, it had one of the lowest scores possible, a 9.6 percent and that is “proof positive” that his administration has made “responsible choices” to turn the county’s financial picture around, said County Executive Michael Hein.
“We have taken Ulster County from the brink of bankruptcy to now the most fiscally sound counties in the entire Hudson Valley and one of the top four in the State of New York,” Hein said. “It speaks volumes about our commitment to protecting our property taxpayers while delivering more services than ever before.”
County Finance Commissioner Burt Gulnick said Hein’s strategy has “improved the county’s financial position, lessened the burden of property taxpayers and have resulted in an increased bond rating.”
