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Treasurer reports preliminary deficit shifts, sales and occupancy-tax gains, and pension-cost risk
Summary
The treasurer told the Warren County Finance & Budget Committee that preliminary reporting shows a 1.5% general-fund deficit but final 2024 financials produced an approximate $2.1 million surplus; sales tax and occupancy-tax collections rose year-over-year and New York State pension reforms could increase county costs by $1.4'$2 million.
Warren County's treasurer presented an executive summary of the county's recent financials on April 2, reporting mixed near-term variances and a potential future cost exposure tied to state pension changes.
The treasurer said the county was reporting a preliminary 1.5% deficit on the general fund balance for the current…
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