Sullivan County Funding Corporation adds public budgets and reports page

Residents trying to follow county-linked money now have a clearer starting point at the Sullivan County Funding Corporation. Its Budgets & Reports page gathers key financial documents and organizational reports in one public spot, alongside a link to a 2026 Budget & Financial Plan. For a public-purpose entity that handles stewardship questions, the value is simple: it makes the money trail easier to see.

What the page makes visible

The Funding Corporation says the page exists to provide transparency into operations and fiscal stewardship, and the rest of the site fits that same structure. In addition to Budgets & Reports, it lists By-Laws & Policies, Meetings, Current Projects, and Resolution pages, which means readers can move from financial documents to governance records without leaving the site. The corporation also lists its mailing address as 548 Broadway, Monticello, New York 12701.

The leadership roster on the About Us page adds another layer of accountability. Howard Siegel is listed as Chairman, Treasurer, and Chief Financial Officer. Kathleen Lara was appointed to the board effective March 30, 2023 for a term ending December 31, 2025, and she was named vice chairperson on January 8, 2024. Sean Brooks and Philip Vallone are also named as board members.

The budget numbers point to a narrow revenue base

The budget archive shows a long-running pattern that is easy to miss if you only glance at the page title. The adopted FY 2023 budget was adopted on October 17, 2022, the adopted FY 2024 budget on October 16, 2023, and the adopted FY 2025 budget on October 21, 2024. Across those budgets, the corporation’s projected revenue lines remain small, with most of the movement showing up in rentals and financing income rather than in broad new operating revenue.

The FY 2023 adopted budget projected charges for services at $250 in 2023, 2024, 2025, and 2026. That is a flat, minimal stream of operating revenue, which suggests the corporation is not relying on service charges as a major funding source. The same budget set out small assumptions for the years ahead, reinforcing the impression of a lean financial model.

The sharper story sits in rentals and financing income. The FY 2024 budget projected $3,895 for 2024, then $2,920 for 2025, $2,435 for 2026, and $1,420 for 2027. The FY 2025 adopted budget showed a somewhat higher near-term projection of $5,800 in 2025, then $4,800 in 2026, $3,200 in 2027, and $2,000 in 2028. Earlier budget materials referenced actual rentals and financing income of $6,477 in 2022, which means the planning documents are pointing to a downward path over time even when the exact starting point changes from one budget cycle to the next.

Investment earnings are also projected at only $500 for multiple years in the FY 2025 adopted budget. Taken together, the numbers show a financing structure built on modest revenues and careful assumptions, not on large, fast-growing income. That makes the public reporting more important, not less, because even a small change in income or project cost can matter when the baseline is this narrow.

The reporting trail shows a recurring disclosure practice

The archive is not limited to budgets. The site also includes annual report PDFs for the fiscal years ending December 31, 2021 and December 31, 2022, and the 2022 PARIS annual report was certified on March 31, 2023. PARIS, the Public Authorities Reporting Information System, is one of the main public reporting channels used to document operations and financial activity.

Those annual reports matter because they do more than record the year’s numbers. The corporation’s own reports cite the Budgets & Reports page as the place where the authority posts its annual report on operations and accomplishments, along with its internal control assessment. That gives the page a recurring compliance role, not just a one-time archival function.

For residents, that means the corporation is not asking the public to trust a single spreadsheet or a one-off summary. It is creating a paper trail that should allow anyone to compare adopted budgets, certified annual reports, and the basic governance structure that sits behind them.

Why the disclosure matters beyond bookkeeping

A page like this is useful because public finance questions rarely hinge on one document. If a county-affiliated entity is tied to property, leases, financing arrangements, or long-term obligations, the budget line items tell you where pressure may build even before a crisis shows up in the headlines. Here, the repeated declines in rentals and financing income are the kind of trend that can affect how much room the corporation has for future work.

That matters in a wider county finance climate where budget pressure has been a live issue. In Sullivan County, New Hampshire, Valley News reported on June 26, 2024 that county officials approved a budget with nearly a 10% tax increase. The same outlet reported on June 12, 2025 that a proposed budget included a 10% spending increase, and on June 30, 2025 that taxes would rise by 6%. On June 9, 2026, it reported a budget hearing built around a proposed 6% increase, while a June 6, 2026 story noted that county nursing home expenses were driving up costs.

Earlier reporting in September 2020 put the cost of renovating the existing 156-bed nursing home in Unity at roughly $49 million. That is the kind of expense that turns budget pages from routine filings into practical warning signs for taxpayers, staff, and local officials. When public bodies face that scale of cost, a central documents page is not a formality. It is one of the few places residents can track how promises, projections, and obligations line up over time.

The result is a resource that says as much through its structure as through its numbers. The corporation is putting budgets, reports, board records, and policy documents in public view, and the figures now on display show a modest revenue base with declining financing income projections over several years. For anyone watching how public-purpose money is managed, that is the detail that matters most.