The New York State Comptroller Ranks Ulster County The Fourth Most Fiscally Stable County Across New York State
Kingston, NY- Ulster County Executive Mike Hein has announced that for the second consecutive year Ulster County government has been highlighted as the most fiscally stable in the Mid-Hudson Region according to the New York State Comptroller’s 2014 Fiscal Stress Monitoring System List released today. Ulster County’s fiscal score of 9.6% places it tied for fourth across New York’s 62 counties and first among counties in the Mid-Hudson Region.
“The listing provided by the New York State Comptroller is proof positive that my administration has made responsible choices that have transformed Ulster County’s financial position and is great news for our property taxpayers,” said Ulster County Executive Mike Hein. “My administration has consistently shown that government can be both fiscally responsible as well as socially responsible which is exactly what has occurred in Ulster County, by reinventing government while still ensuring quality services, Ulster County has moved from the brink of bankruptcy to one of the most fiscally stable county governments in the State. I am proud that Ulster County continues to lead the way in the Mid-Hudson Region for the second straight year and look forward to continuing to reform government to benefit the people of Ulster County.”
Burt Gulnick, Ulster County Commissioner of Finance
"The New York State Comptroller’s Fiscal Stress Report acknowledges the leadership, innovative reforms and sound financial management of County Executive Hein over the past years,” said Burt Gulnick Ulster County Commissioner of Finance. “The solutions that the County Executive has employed have improved the County’s financial position, lessened the burden of property taxpayers and have resulted in an increased bond rating.”
The New York State Comptroller’s Fiscal Stress Monitoring System List covers fiscal year 2014. The List included 12 counties that experienced or were subject to fiscal stress with half of that number experiencing what the Comptroller terms “Significant Fiscal Stress.”