| Kingston Mortgage Tax Revenue Drops |
| Friday, 02 January 2009 19:12 |
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Ulster County has distributed mortgage tax revenue to the various municipalities and the City of Kingston and surrounding municipalities all had a decline in revenue received compared to the September-April 2007. This data is another clear indication that the real estate market has suffered during the recent economic downturn. Here are the mortgage tax revenue stats for the municipalities around Kingston: City of Kingston at $243,942.96 for a 27.10 percent decrease of $90,683.73. Esopus at $104,631.47 for a 28.37 percent decrease of $41,443.46 Town of Saugerties at $215,514.83 for a 30.97 percent decrease of $96,699.41. Ulster at $271,536.85 for a 13.18 increase of $31,625.73.
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