{"fid":"sullivan-county/village-liberty","entity_id":"sullivan-county/village-liberty","name":"Village of Liberty","kind":"village","kind_label":"Village","county":"Sullivan","region":"mid-hudson","osc_code":"480446702690","beds":null,"match":"matched","in_asr_manifest":false,"in_batch3":false,"osc_name":"Village of Liberty","population":{"value":5097,"year":2025,"base2020":5018,"src":"popest-2025","loc":"Liberty village, SUMLEV 162"},"series":[{"year":2019,"pe":"2019-05-31","op_rev":7279259,"op_exp":7112703,"gf_rev":4048255,"gf_exp":3975805,"gf_rev_all":4083255,"gf_exp_all":3975805,"prop_tax":4331243,"sales_tax":25715,"state_aid":521042,"federal_aid":0,"debt_service":596308,"exp_by":{"General Government":477645,"Public Safety":1667011,"Transportation":661077,"Employee Benefits":1730355,"Debt Service":596308,"Economic Development":0,"Sanitation":1431772,"Utilities":548535},"rev_by":{"Real Property Taxes and Assessments":4025283,"Other Real Property Tax Items":305960,"Sales and Use Tax":25715,"Other Non-Property Taxes":52237,"Charges for Services":2260755,"Charges to Other Governments":4610,"Use and Sale of Property":22242,"Other Local Revenues":61415,"State Aid":521042,"Federal Aid":0},"debt_end":6747453,"debt_by":{"Bond":5379000,"Bond Anticipation Note":1150000,"Installment Purchase Contract":218453},"debt_src":"debt-2019","src":"afr-2019","file":"2019_Village.csv","snap":"2026-09-30"},{"year":2020,"pe":"2020-05-31","op_rev":7362317,"op_exp":7114676,"gf_rev":4015215,"gf_exp":4131996,"gf_rev_all":4050215,"gf_exp_all":4131996,"prop_tax":4340178,"sales_tax":22180,"state_aid":395013,"federal_aid":0,"debt_service":407054,"exp_by":{"General Government":487443,"Public Safety":1802419,"Transportation":641213,"Culture and Recreation":1393,"Employee Benefits":1721369,"Debt Service":407054,"Sanitation":1404595,"Utilities":649190},"rev_by":{"Real Property Taxes and Assessments":4047245,"Other Real Property Tax Items":292933,"Sales and Use Tax":22180,"Other Non-Property Taxes":52756,"Charges for Services":2405285,"Charges to Other Governments":11856,"Use and Sale of Property":23950,"Other Local Revenues":111099,"State Aid":395013},"debt_end":6432511,"debt_by":{"Bond":5226000,"Bond Anticipation Note":1050000,"Installment Purchase Contract":156511},"debt_src":"debt-2020","src":"afr-2020","file":"2020_Village.csv","snap":"2026-09-30"},{"year":2021,"pe":"2021-05-31","op_rev":7337124.61,"op_exp":7535717.87,"gf_rev":3955464,"gf_exp":4532832,"gf_rev_all":3990464,"gf_exp_all":4532832,"prop_tax":4216795,"sales_tax":33037,"state_aid":172037,"federal_aid":0,"debt_service":502471,"exp_by":{"General Government":590493,"Public Safety":2066394,"Transportation":582848,"Culture and Recreation":3055,"Employee Benefits":1804629,"Debt Service":502471,"Sanitation":1484796.87,"Utilities":501031},"rev_by":{"Real Property Taxes and Assessments":3916669,"Other Real Property Tax Items":300126,"Sales and Use Tax":33037,"Other Non-Property Taxes":62543,"Charges for Services":2468228.61,"Charges to Other Governments":299373,"Use and Sale of Property":13920,"Other Local Revenues":71191,"State Aid":172037},"debt_end":6096117,"debt_by":{"Bond":4973000,"Bond Anticipation Note":1040000,"Installment Purchase Contract":83117},"debt_src":"debt-2021","src":"afr-2021","file":"2021_Village.csv","snap":"2026-09-30"},{"year":2022,"pe":"2022-05-31","op_rev":8413425,"op_exp":8227429,"gf_rev":5011146,"gf_exp":4911209,"gf_rev_all":5046146,"gf_exp_all":4911209,"prop_tax":4618839,"sales_tax":25981,"state_aid":669752,"federal_aid":130998,"debt_service":507934,"exp_by":{"General Government":528226,"Public Safety":1949906,"Health":2015,"Transportation":1024776,"Culture and Recreation":664,"Employee Benefits":1865197,"Debt Service":507934,"Sanitation":1811770,"Utilities":536941},"rev_by":{"Real Property Taxes and Assessments":4272693,"Other Real Property Tax Items":346146,"Sales and Use Tax":25981,"Other Non-Property Taxes":66110,"Charges for Services":2452618,"Charges to Other Governments":347269,"Use and Sale of Property":23642,"Other Local Revenues":78216,"State Aid":669752,"Federal Aid":130998},"debt_end":5955039,"debt_by":{"Bond":4725000,"Bond Anticipation Note":1030000,"Installment Purchase Contract":200039},"debt_src":"debt-2022","src":"afr-2022","file":"2022_Village.csv","snap":"2026-09-30"},{"year":2023,"pe":"2023-05-31","op_rev":8405558,"op_exp":8154362,"gf_rev":4934665,"gf_exp":4589517,"gf_rev_all":4934665,"gf_exp_all":4589517,"prop_tax":4881257,"sales_tax":46380,"state_aid":139710,"federal_aid":257696,"debt_service":532257,"exp_by":{"General Government":471293,"Public Safety":2156554,"Health":780,"Transportation":499125,"Culture and Recreation":649,"Employee Benefits":1884998,"Debt Service":532257,"Sanitation":1884678,"Utilities":724028},"rev_by":{"Real Property Taxes and Assessments":4228634,"Other Real Property Tax Items":652623,"Sales and Use Tax":46380,"Other Non-Property Taxes":62155,"Charges for Services":2568469,"Charges to Other Governments":368487,"Use and Sale of Property":18294,"Other Local Revenues":63110,"State Aid":139710,"Federal Aid":257696},"debt_end":9808393,"debt_by":{"Bond":5460000,"Bond Anticipation Note":4195248,"Installment Purchase Contract":153145},"debt_src":"debt-2023","src":"afr-2023","file":"2023_Village.csv","snap":"2026-09-30"},{"year":2024,"pe":"2024-05-31","op_rev":8220777,"op_exp":9166520,"gf_rev":4504429,"gf_exp":5006356,"gf_rev_all":4504429,"gf_exp_all":5006356,"prop_tax":4656738,"sales_tax":38472,"state_aid":345457,"federal_aid":0,"debt_service":638286,"exp_by":{"General Government":535455,"Public Safety":2333999,"Transportation":714316,"Culture and Recreation":481,"Employee Benefits":1903251,"Debt Service":638286,"Economic Development":34350,"Sanitation":2161088,"Utilities":845294},"rev_by":{"Real Property Taxes and Assessments":4519027,"Other Real Property Tax Items":137711,"Sales and Use Tax":38472,"Other Non-Property Taxes":57668,"Charges for Services":2626188,"Charges to Other Governments":405054,"Use and Sale of Property":19542,"Other Local Revenues":71658,"State Aid":345457},"debt_end":12814780,"debt_by":{"Bond":5120000,"Bond Anticipation Note":7485778,"Installment Purchase Contract":209002},"debt_src":"debt-2024","src":"afr-2024","file":"2024_Village.csv","snap":"2026-09-30"},{"year":2025,"pe":"2025-05-31","op_rev":9093603,"op_exp":9934081,"gf_rev":4880021,"gf_exp":5511388,"gf_rev_all":4880021,"gf_exp_all":5511388,"prop_tax":4637816,"sales_tax":49921,"state_aid":677374,"federal_aid":12005,"debt_service":819676,"exp_by":{"General Government":525915,"Public Safety":2538185,"Transportation":898433,"Culture and Recreation":489,"Employee Benefits":2124378,"Debt Service":819676,"Sanitation":2086447,"Utilities":940558},"rev_by":{"Real Property Taxes and Assessments":4538684,"Other Real Property Tax Items":99132,"Other Non-Property Taxes":60555,"Sales and Use Tax":49921,"Charges for Services":3168887,"Charges to Other Governments":436080,"Use and Sale of Property":16503,"Other Local Revenues":34462,"State Aid":677374,"Federal Aid":12005},"debt_end":13153976,"debt_by":{"Bond":12007198,"Bond Anticipation Note":764370,"Installment Purchase Contract":382408},"debt_src":"debt-2025","src":"afr-2025","file":"2025_Village.csv","snap":"2026-09-30"}],"levy":[{"year":2021,"levy":3069818,"own_levy":3069818,"full_value":171925477,"rate":17.8555153870534,"sheet":"Village","src":"taxtable-2021"},{"year":2022,"levy":3130934,"own_levy":3130934,"full_value":183143769,"rate":17.0954983458924,"sheet":"Village","src":"taxtable-2022"},{"year":2023,"levy":3179790,"own_levy":3179790,"full_value":185803501,"rate":17.1137248915455,"sheet":"Village","src":"taxtable-2023"},{"year":2024,"levy":3424515,"own_levy":3424515,"full_value":212583493,"rate":16.1090353332373,"sheet":"Village","src":"taxtable-2024"},{"year":2025,"levy":3538239,"own_levy":3538239,"full_value":287169473,"rate":12.3210833067901,"sheet":"Village","src":"taxtable-2025"},{"year":2026,"levy":4158585,"own_levy":4158585,"full_value":341297385,"rate":12.1846377463455,"sheet":"Village","src":"taxtable-2026"}],"taxcap":[{"fy":2019,"prior_levy":3058051,"proposed":3095953,"limit":3176578,"diff":80625,"override":false,"levy_growth_pct":1.24,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2020,"prior_levy":3094847,"proposed":3094847,"limit":3204764,"diff":109917,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2021,"prior_levy":3094847,"proposed":3064977,"limit":3194937,"diff":129960,"override":false,"levy_growth_pct":-0.97,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2022,"prior_levy":3062675,"proposed":3106473,"limit":3150475,"diff":44002,"override":false,"levy_growth_pct":1.43,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2023,"prior_levy":3106473,"proposed":3179494,"limit":3213389,"diff":33895,"override":false,"levy_growth_pct":2.35,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2024,"prior_levy":3179790,"proposed":3424515,"limit":3442099,"diff":17584,"override":false,"levy_growth_pct":7.7,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2025,"prior_levy":3530914,"proposed":3530914,"limit":3630233,"diff":99319,"override":false,"levy_growth_pct":0,"exceeds":false,"snap":"10/09/2026","src":"taxcap"},{"fy":2026,"prior_levy":3530914,"proposed":4158585,"limit":3678052,"diff":-480533,"override":true,"levy_growth_pct":17.78,"exceeds":true,"snap":"10/09/2026","src":"taxcap"},{"fy":2027,"prior_levy":4158585,"proposed":4354080,"limit":4239605,"diff":-114475,"override":true,"levy_growth_pct":4.7,"exceeds":true,"snap":"10/09/2026","src":"taxcap"}],"fsms":[{"year":2019,"stress":"No Designation","fiscal_score":0,"env_rating":"Significant Environmental Stress","env_score":53.3,"src":"fsms-muni-2019"},{"year":2020,"stress":"No Designation","fiscal_score":0,"env_rating":"Significant Environmental Stress","env_score":60,"src":"fsms-muni-2020"},{"year":2021,"stress":"No Designation","fiscal_score":34.6,"env_rating":"Significant Environmental Stress","env_score":53.3,"src":"fsms-muni-2021"},{"year":2022,"stress":"No Designation","fiscal_score":22.1,"env_rating":"Susceptible Environmental Stress","env_score":30,"src":"fsms-muni-2022"},{"year":2023,"stress":"No Designation","fiscal_score":3.3,"env_rating":"No Designation","env_score":23.3,"src":"fsms-muni-2023"},{"year":2024,"stress":"Susceptible Fiscal Stress","fiscal_score":47.1,"env_rating":"No Designation","env_score":10,"src":"fsms-muni-2024"},{"year":2025,"stress":"Moderate Fiscal Stress","fiscal_score":63.3,"env_rating":"No Designation","env_score":10,"src":"fsms-muni-2025"}],"fb":[{"year":2023,"ratio":0.1659,"fb":761586,"exp":4589517,"xfer":null,"src":"fsms-ind1-muni-2023"},{"year":2024,"ratio":0,"fb":0,"exp":5006356,"xfer":null,"src":"fsms-ind1-muni-2024"},{"year":2025,"ratio":-0.0363,"fb":-199835,"exp":5511388,"xfer":null,"src":"fsms-ind1-muni-2025"}],"fsms_not_filed":null,"audits":[{"title":"Village of Liberty – Budget Review (B4-14-9)","issued":"April 16, 2014","types":"Village","topics":"","url":"https://www.osc.ny.gov/local-government/audits/village/2014/04/16/village-liberty-budget-review-b4-14-9"},{"title":"Village of Liberty – Financial Condition (2013M-109)","issued":"October 4, 2013","types":"Village","topics":"Financial Condition","url":"https://www.osc.ny.gov/local-government/audits/village/2013/10/04/village-liberty-financial-condition-2013m-109"}],"transcript_mentions":null,"budget_docs":null,"metrics":{"denom":5097,"denom_kind":"capita","afr_year":2025,"op_exp":9934081,"op_rev":9093603,"op_exp_per":1949,"prop_tax_per":910,"state_aid_share":7.4,"sales_tax_share":0.5,"prop_tax_share":51,"debt_service_share":8.3,"debt_end":13153976,"debt_per":2581,"exp_growth_5y":31.8,"rev_growth_5y":23.9,"gf_result":-631367,"fb_ratio":-3.6,"fb_year":2025,"fsms_year":2025,"fsms_stress":"Moderate Fiscal Stress","fsms_score":63.3,"fsms_env":"No Designation","levy_latest":4158585,"levy_year":2026,"levy_growth":35.5,"levy_growth_span":"2021–2026","fv_rate":12.18,"cap_overrides":[2026,2027],"cap_exceeded":[2026,2027],"audit_count":2,"audits_5y":0,"transcript_hits":0,"budget_docs":0},"peers":{"op_exp_per":{"median":1899.5,"pctile":55,"n":48},"prop_tax_per":{"median":717.5,"pctile":70,"n":48},"debt_per":{"median":1602,"pctile":68,"n":45},"debt_service_share":{"median":8.2,"pctile":51,"n":48},"state_aid_share":{"median":4.8,"pctile":70,"n":48},"sales_tax_share":{"median":5.9,"pctile":15,"n":48},"fb_ratio":{"median":31.1,"pctile":9,"n":41},"exp_growth_5y":{"median":30.7,"pctile":51,"n":46},"levy_growth":{"median":15.1,"pctile":90,"n":47},"fsms_score":{"median":3.3,"pctile":99,"n":34}},"flags":[{"id":"structural_deficit","label":"Recurring deficits","detail":"General fund spending (incl. transfers out) exceeded revenues (incl. transfers in) in 2024, 2025, and operating funds overall spent more than they took in in 2024, 2025 (last 3 AFR years). Planned use of fund balance can cause this; check the adopted budgets.","src":["afr-2024","afr-2025"],"calc":true},{"id":"fb_low","label":"Low fund balance","detail":"OSC FSMS: assigned + unassigned general fund balance was -3.6% of gross expenditures (FY 2025); threshold < 5%.","src":["fsms-ind1-muni-2025"]},{"id":"debt_growth","label":"Rapid debt growth","detail":"Debt outstanding rose from $5,955,039 (2022) to $13,153,976 (2025), +121%.","src":["debt-2022","debt-2025"],"calc":true},{"id":"cap_override","label":"Levy above tax cap","detail":"OSC tax cap filings: proposed levy exceeded the computed levy limit for FY 2026 (by $480,533, override planned), 2027 (by $114,475, override planned). Exceeding the limit requires a local law override (60% of the governing body).","src":["taxcap"]},{"id":"fsms_stress","label":"OSC: Moderate Fiscal Stress","detail":"OSC Fiscal Stress Monitoring System designation for FY 2025 (fiscal score 63.3).","src":["fsms-muni-2025"]}]}