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Audit Finds Rockland’s Surplus Fund for 2018 Jumps to Over $32 Million

August 5, 2019 by helpdesk1

A Comprehensive Annual Financial Report for 2018 has found Rockland’s government surplus funds jumped to just over $32 million, thanks to an improved economy, higher than budgeted revenues and lower than expected spending. Rockland County Executive Ed Day says the growth of the Unassigned Fund Balance is a big step forward toward fiscal stability…

Day says there’s still work to be done. He says to be considered “truly fiscally healthy” the fund balance should be between 50 and $80 million.

Filed Under: News

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