ULSTER COUNTY SELLS BONDS AT EXTREME LOW INTEREST RATE AS A RESULT OF AN OUTSTANDING BOND RATING AND STRONG FISCAL MANAGEMENT
S&P’s acknowledges Ulster County’s "Solid Financial Position"
S&P’s acknowledges Ulster County’s "Solid Financial Position"
Kingston, NY- Ulster County Executive Mike Hein is pleased to announce that Standard & Poor’s has affirmed Ulster County’s AA- bond rating. This announcement comes on the heels of the release of the County Executive’s proposed budget that included a 0% tax increase. Additionally, his administration saved $10.4 million through his "Taxpayer First" initiative, which was instituted earlier this year.
County Executive Mike Hein and County Clerk Nina Postupack announce new program
download transcript Introduction New York State’s property taxes are among the highest in our nation. In fact, as a percentage of personal income, New York State taxes are currently 80% higher than the national average. Rising property taxes are breaking the people of New York. They are damaging our small businesses and stifling our economy. But worst of all, high taxes are forcing families from their homes. This is completely unacceptable.