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Molinaro’s Highlights 2021 Budget Preparation and Provides Latest COVID-19 Updates in Virtual Town Hall Forum

Molinaro’s Highlights 2021 Budget Preparation and

Provides Latest COVID-19 Updates in Virtual Town Hall Forum

 

Poughkeepsie, NY … Dutchess County Executive Marc Molinaro today hosted his latest in a series of virtual Town Hall Forums to inform residents about the latest updates regarding the County and answer their questions.   Today’s forum included discussion of his 2021 Executive Budget proposal as well as the latest updates relating to COVID-19.

County Executive Molinaro shared a preview of what can be expected in his 2021 Executive Budget proposal when it is presented later this month on October 28th:

Molinaro noted the County’s 2019 Year End Audited Financials were completed and released today and the County’s audited general fund balance was $56.9 million, reflecting the County’s conservative fiscal approach.   The County’s fund balance reserves are crucial to the County being able to weather the rising pandemic and emergency response costs as well as dramatic revenue losses associated with the COVID-19 pandemic.

The County Executive noted, “We worked diligently over the past nine years to rebuild a solid fund balance reserve to be able to withstand emergencies and changing economic circumstances.   The County could not have gone into this prolonged economic crisis, this pandemic public emergency, any stronger than we did.   Our fund balance reserves, coupled with spending cuts, tough decisions and shared sacrifice will enable us to withstand this emergency and the uncertain economic situation.”

Among the other highlights of today’s virtual town hall conversation:

County Executive Molinaro’s next virtual discussion will take place on Friday, October 9th at 2pm and will be broadcast live on the County’s Facebook page. As with the County Executive’s previous 30+ virtual forums, American Sign Language interpreters will translate the conversation on Facebook.

An archive of Today’s forum and previous events is available on the Dutchess County Government YouTube page.

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