County Debt
What does this measure?
This spreadsheet provides a detailed overview of various debt types across several counties, including Orange, Dutchess, Putnam, Rockland, Sullivan, Ulster, and Westchester. For each county and debt type, it tracks the beginning balance, any prior year adjustments, new debt issued, debt paid in the fiscal year, and the ending year balance.
Summary Statement
Orange County's total beginning debt balance was approximately $212.9 million, with $35.4 million in new debt issued and $38.2 million paid down, resulting in an ending balance of $210.1 million. This indicates a net debt reduction of approximately $2.8 million for Orange County.
Among all counties, Westchester County has the highest ending debt balance at approximately $1.58 billion and the largest net debt reduction of approximately $66.80 million. Conversely, Putnam County has the lowest ending debt balance at approximately $57.85 million and a net debt reduction of approximately $6.99 million. Ulster County stands out with a positive net debt change of approximately $25.34 million, indicating an increase in its overall debt during the fiscal year, making it the only county among those analyzed to issue more debt than it paid off.
Source
https://wwe2.osc.state.ny.us/transparency/LocalGov/LocalGovIntro.cfm