In a significant display of fiscal responsibility and disciplined governance, Rockland County has successfully completed its last payment on the $96 million deficit bond. County Executive Ed Day, alongside Deputy Budget Director Steve Grogan, commends this achievement as a testament to the county’s commitment to financial stability and prudent management of resources.
County Executive Day reflects on the journey from Rockland County being labeled as the most fiscally stressed county in the state to emerging as one of the strongest financially. This milestone underscores the remarkable transformation that has taken place under his leadership, shifting the county’s financial trajectory from dire straits to commendable stability.
The administration’s dedication to conservative budgeting and judicious expenditure controls has been pivotal in achieving successive years of positive financial performance. This achievement not only reflects responsible governance but also instills confidence in the county’s ability to navigate economic challenges effectively.
Deputy Budget Director Steve Grogan emphasizes the positive implications of this milestone, highlighting the county’s improved bond credit rating and its positioning as one of the most financially robust counties in the state. He extends gratitude to all county employees and taxpayers for their unwavering support and collaboration in safeguarding the county’s prosperity and financial well-being.
As Rockland County marks this pivotal moment in its financial history, it stands as a beacon of fiscal resilience and prudent governance, setting an example for sound financial management practices statewide.