{"fid":"rensselaer-county/valley-falls","entity_id":"rensselaer-county/valley-falls","name":"Village of Valley Falls","kind":"village","kind_label":"Village","county":"Rensselaer","region":"capital-region","osc_code":"380467005020","beds":null,"match":"matched","in_asr_manifest":true,"in_batch3":false,"osc_name":"Village of Valley Falls","population":{"value":449,"year":2025,"base2020":458,"src":"popest-2025","loc":"Valley Falls village, SUMLEV 162"},"series":[{"year":2019,"pe":"2019-05-31","op_rev":360712,"op_exp":339157,"gf_rev":255051,"gf_exp":230917,"gf_rev_all":255051,"gf_exp_all":230917,"prop_tax":59685,"sales_tax":39113,"state_aid":39388,"federal_aid":0,"debt_service":93252,"exp_by":{"General Government":60513,"Public Safety":34202,"Transportation":40425,"Culture and Recreation":19009,"Sanitation":2705,"Community Services":87227,"Employee Benefits":1824,"Debt Service":93252},"rev_by":{"Real Property Taxes and Assessments":58178,"Other Real Property Tax Items":1507,"Sales and Use Tax":39113,"Other Non-Property Taxes":5016,"Charges for Services":114881,"Charges to Other Governments":42650,"Use and Sale of Property":150,"Other Local Revenues":59829,"State Aid":39388},"debt_end":1095862,"debt_by":{"Bond":1095862},"debt_src":"debt-2019","src":"afr-2019","file":"2019_Village.csv","snap":"2026-09-30"},{"year":2020,"pe":"2020-05-31","op_rev":425022,"op_exp":372839,"gf_rev":326227,"gf_exp":271323,"gf_rev_all":326227,"gf_exp_all":271323,"prop_tax":64916,"sales_tax":37256,"state_aid":35965,"federal_aid":0,"debt_service":92600,"exp_by":{"General Government":59150,"Public Safety":44093,"Transportation":40316,"Culture and Recreation":18827,"Sanitation":2705,"Community Services":113669,"Employee Benefits":1479,"Debt Service":92600},"rev_by":{"Real Property Taxes and Assessments":64278,"Other Real Property Tax Items":638,"Sales and Use Tax":37256,"Other Non-Property Taxes":5524,"Charges for Services":107790,"Charges to Other Governments":126381,"Use and Sale of Property":31,"Other Local Revenues":47159,"State Aid":35965},"debt_end":1004766,"debt_by":{"Bond":1004766},"debt_src":"debt-2020","src":"afr-2020","file":"2020_Village.csv","snap":"2026-09-30"},{"year":2021,"pe":"2021-05-31","op_rev":300655,"op_exp":319108,"gf_rev":182425,"gf_exp":191323,"gf_rev_all":182425,"gf_exp_all":191323,"prop_tax":55628,"sales_tax":46330,"state_aid":31839,"federal_aid":0,"debt_service":71769,"exp_by":{"General Government":56155,"Public Safety":45184,"Transportation":38094,"Culture and Recreation":1046,"Sanitation":2750,"Community Services":102561,"Employee Benefits":1549,"Debt Service":71769},"rev_by":{"Real Property Taxes and Assessments":55231,"Other Real Property Tax Items":397,"Sales and Use Tax":46330,"Other Non-Property Taxes":0,"Charges for Services":107418,"Charges to Other Governments":38650,"Use and Sale of Property":68,"Other Local Revenues":20722,"State Aid":31839},"debt_end":932997,"debt_by":{"Bond":932997},"debt_src":"debt-2021","src":"afr-2021","file":"2021_Village.csv","snap":"2026-09-30"},{"year":2022,"pe":"2022-05-31","op_rev":451534.06,"op_exp":273919.87,"gf_rev":336403.59,"gf_exp":175290.94,"gf_rev_all":336403.59,"gf_exp_all":175290.94,"prop_tax":61047.52,"sales_tax":46354.11,"state_aid":40050.97,"federal_aid":4046.57,"debt_service":71769,"exp_by":{"General Government":56833.97,"Public Safety":44900,"Transportation":45296.47,"Culture and Recreation":30832.93,"Sanitation":3063.52,"Community Services":19025.99,"Employee Benefits":2197.99,"Debt Service":71769},"rev_by":{"Real Property Taxes and Assessments":58000,"Other Real Property Tax Items":3047.52,"Sales and Use Tax":46354.11,"Other Non-Property Taxes":5872.58,"Charges for Services":128985.47,"Charges to Other Governments":12000,"Use and Sale of Property":152845.49,"Other Local Revenues":331.35,"State Aid":40050.97,"Federal Aid":4046.57},"debt_end":861228,"debt_by":{"Bond":861228},"debt_src":"debt-2022","src":"afr-2022","file":"2022_Village.csv","snap":"2026-09-30"},{"year":2023,"pe":"2023-05-31","op_rev":297852.57,"op_exp":297554.82,"gf_rev":183016.78,"gf_exp":180476.99,"gf_rev_all":183016.78,"gf_exp_all":180476.99,"prop_tax":58104.240000000005,"sales_tax":51305.08,"state_aid":12384.75,"federal_aid":31250,"debt_service":71769,"exp_by":{"General Government":59614.21,"Public Safety":33816.77,"Transportation":20597.71,"Culture and Recreation":27474.35,"Sanitation":20747.4,"Community Services":61080.87,"Employee Benefits":2454.51,"Debt Service":71769},"rev_by":{"Real Property Taxes and Assessments":57317.33,"Other Real Property Tax Items":786.91,"Sales and Use Tax":51305.08,"Other Non-Property Taxes":6040.91,"Charges for Services":132589.65,"Charges to Other Governments":2016.77,"Use and Sale of Property":2685.72,"Other Local Revenues":1475.45,"State Aid":12384.75,"Federal Aid":31250},"debt_end":789459,"debt_by":{"Bond":789459},"debt_src":"debt-2023","src":"afr-2023","file":"2023_Village.csv","snap":"2026-09-30"},{"year":2024,"pe":"2024-05-31","op_rev":406758.35,"op_exp":416353.25,"gf_rev":284039.1,"gf_exp":271959.57,"gf_rev_all":284039.1,"gf_exp_all":271959.57,"prop_tax":59347.79,"sales_tax":53808.01,"state_aid":62766.83,"federal_aid":70169.24,"debt_service":71769,"exp_by":{"General Government":63571.45,"Public Safety":31825,"Transportation":71691.03,"Culture and Recreation":23129.03,"Sanitation":62437.54,"Community Services":89417.31,"Employee Benefits":2512.89,"Debt Service":71769},"rev_by":{"Real Property Taxes and Assessments":58862.48,"Other Real Property Tax Items":485.31,"Sales and Use Tax":53808.01,"Other Non-Property Taxes":5810.52,"Charges for Services":146401.72,"Use and Sale of Property":8454.24,"State Aid":62766.83,"Federal Aid":70169.24},"debt_end":717690,"debt_by":{"Bond":717690},"debt_src":"debt-2024","src":"afr-2024","file":"2024_Village.csv","snap":"2026-09-30"},{"year":2025,"pe":"2025-05-31","op_rev":372615.32,"op_exp":359743.26,"gf_rev":231457.13,"gf_exp":243570.53,"gf_rev_all":231457.13,"gf_exp_all":243570.53,"prop_tax":60762.42,"sales_tax":55832.04,"state_aid":80276.55,"federal_aid":0,"debt_service":71769,"exp_by":{"General Government":45765.79,"Public Safety":51364,"Transportation":64207.24,"Culture and Recreation":53983.75,"Sanitation":47890.97,"Community Services":22033.42,"Employee Benefits":2729.09,"Debt Service":71769},"rev_by":{"Real Property Taxes and Assessments":58891.33,"Other Real Property Tax Items":1871.09,"Sales and Use Tax":55832.04,"Other Non-Property Taxes":5233.98,"Charges for Services":140457,"Charges to Other Governments":12500,"Use and Sale of Property":14315.03,"Other Local Revenues":3238.3,"State Aid":80276.55},"debt_end":645921,"debt_by":{"Bond":645921},"debt_src":"debt-2025","src":"afr-2025","file":"2025_Village.csv","snap":"2026-09-30"}],"levy":[{"year":2021,"levy":58000,"own_levy":58000,"full_value":24018555,"rate":2.41479972462956,"sheet":"Village","src":"taxtable-2021"},{"year":2022,"levy":58000,"own_levy":58000,"full_value":27369048,"rate":2.11918222365645,"sheet":"Village","src":"taxtable-2022"},{"year":2023,"levy":60383,"own_levy":60383,"full_value":28195039,"rate":2.14161789242427,"sheet":"Village","src":"taxtable-2023"},{"year":2024,"levy":60383,"own_levy":60383,"full_value":32360096,"rate":1.86597097857806,"sheet":"Village","src":"taxtable-2024"},{"year":2025,"levy":60383,"own_levy":60383,"full_value":36178873,"rate":1.66901274122055,"sheet":"Village","src":"taxtable-2025"},{"year":2026,"levy":83567,"own_levy":83567,"full_value":36161447,"rate":2.31094181601748,"sheet":"Village","src":"taxtable-2026"}],"taxcap":[{"fy":2019,"prior_levy":58000,"proposed":58000,"limit":59320,"diff":1320,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2020,"prior_levy":58000,"proposed":58000,"limit":60103,"diff":2103,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2021,"prior_levy":58000,"proposed":58000,"limit":59982,"diff":1982,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2022,"prior_levy":58000,"proposed":58000,"limit":59836,"diff":1836,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2023,"prior_levy":58000,"proposed":60383,"limit":60383,"diff":0,"override":false,"levy_growth_pct":4.11,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2024,"prior_levy":60383,"proposed":60383,"limit":61658,"diff":1275,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2025,"prior_levy":60383,"proposed":60383,"limit":61874,"diff":1491,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2026,"prior_levy":60383,"proposed":83567,"limit":62586,"diff":-20981,"override":true,"levy_growth_pct":38.39,"exceeds":true,"snap":"10/09/2026","src":"taxcap"},{"fy":2027,"prior_levy":83567,"proposed":81707,"limit":85238,"diff":3531,"override":false,"levy_growth_pct":-2.23,"exceeds":false,"snap":"10/09/2026","src":"taxcap"}],"fsms":[{"year":2019,"stress":"No Designation","fiscal_score":5,"env_rating":"No Designation","env_score":23.3,"src":"fsms-muni-2019"},{"year":2020,"stress":"No Designation","fiscal_score":5,"env_rating":"No Designation","env_score":20,"src":"fsms-muni-2020"},{"year":2021,"stress":"No Designation","fiscal_score":8.3,"env_rating":"No Designation","env_score":23.3,"src":"fsms-muni-2021"},{"year":2022,"stress":"No Designation","fiscal_score":8.3,"env_rating":"No Designation","env_score":23.3,"src":"fsms-muni-2022"},{"year":2023,"stress":"No Designation","fiscal_score":8.3,"env_rating":"No Designation","env_score":3.3,"src":"fsms-muni-2023"},{"year":2024,"stress":"No Designation","fiscal_score":6.7,"env_rating":"No Designation","env_score":10,"src":"fsms-muni-2024"},{"year":2025,"stress":"No Designation","fiscal_score":8.3,"env_rating":"No Designation","env_score":16.7,"src":"fsms-muni-2025"}],"fb":[{"year":2023,"ratio":0.7241,"fb":130685.42,"exp":180476.99,"xfer":null,"src":"fsms-ind1-muni-2023"},{"year":2024,"ratio":0.6168,"fb":167734.28,"exp":271959.57,"xfer":null,"src":"fsms-ind1-muni-2024"},{"year":2025,"ratio":0.6963,"fb":169592.43,"exp":243570.53,"xfer":null,"src":"fsms-ind1-muni-2025"}],"fsms_not_filed":null,"audits":[],"transcript_mentions":null,"budget_docs":null,"metrics":{"denom":449,"denom_kind":"capita","afr_year":2025,"op_exp":359743.26,"op_rev":372615.32,"op_exp_per":801,"prop_tax_per":135,"state_aid_share":21.5,"sales_tax_share":15,"prop_tax_share":16.3,"debt_service_share":20,"debt_end":645921,"debt_per":1439,"exp_growth_5y":12.7,"rev_growth_5y":23.9,"gf_result":-12113.399999999994,"fb_ratio":69.6,"fb_year":2025,"fsms_year":2025,"fsms_stress":"No Designation","fsms_score":8.3,"fsms_env":"No Designation","levy_latest":83567,"levy_year":2026,"levy_growth":44.1,"levy_growth_span":"2021–2026","fv_rate":2.31,"cap_overrides":[2026],"cap_exceeded":[2026],"audit_count":0,"audits_5y":0,"transcript_hits":0,"budget_docs":0},"peers":{"op_exp_per":{"median":1295,"pctile":14,"n":47},"prop_tax_per":{"median":380,"pctile":12,"n":47},"debt_per":{"median":1152.5,"pctile":54,"n":42},"debt_service_share":{"median":6.5,"pctile":93,"n":48},"state_aid_share":{"median":5.9,"pctile":97,"n":48},"sales_tax_share":{"median":14,"pctile":53,"n":48},"fb_ratio":{"median":42.4,"pctile":73,"n":42},"exp_growth_5y":{"median":20.8,"pctile":35,"n":46},"levy_growth":{"median":10.7,"pctile":97,"n":46},"fsms_score":{"median":4.2,"pctile":71,"n":36}},"flags":[{"id":"fb_high","label":"High fund balance","detail":"OSC FSMS: assigned + unassigned general fund balance was 69.6% of gross expenditures (FY 2025); threshold > 50%.","src":["fsms-ind1-muni-2025"]},{"id":"cap_override","label":"Levy above tax cap","detail":"OSC tax cap filings: proposed levy exceeded the computed levy limit for FY 2026 (by $20,981, override planned). Exceeding the limit requires a local law override (60% of the governing body).","src":["taxcap"]}]}