Civic Finance

Budgets, levies, debt, fund balance and fiscal-stress data for local governments and school districts, straight from state filings.

Capital Region › Towns › Overlapping entities

Town of Colonie

Town · Albany County · Capital Region · OSC municipal code 010318700000

Population 86,837 (Census estimate 2025; 2020 base 85,397) popest-2025 ⓘ · Meeting coverage: documents

No indicator flags.

Compared with Capital Region towns

IndicatorTown of ColoniePeer medianPercentilePeersBasis
Operating spending per capita$1,528$91383rd101AFR 2025, operating funds (our calc)
Property tax per capita$574$40978th101AFR 2025 real property taxes (our calc)
Debt per capita$1,664$31697th73AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending8.6%2.4%89th101AFR 2025 (our calc)
State aid % of operating revenue3.1%12.6%3rd101AFR 2025 (our calc)
Sales tax % of operating revenue23.6%22.6%52nd101AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)21.3%48.1%16th96OSC FSMS FY2025
Operating spending growth over 5 AFR years11.1%26.7%15th100AFR 2021–2025 (our calc)
Levy growth14.5%13.2%60th1012021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)03.314th88OSC FSMS FY2025

Percentile = share of same-class peers in the region with a lower value. A high or low percentile is context, not a judgment. Sales tax for towns and villages is county distribution revenue.

Five-year picture

Operating funds: revenue vs. spending RevenueSpending
$0k$37.6M$75.2M$113M$150M2019202020212022202320242025Revenue 2019: $107MRevenue 2020: $119MRevenue 2021: $113MRevenue 2022: $122MRevenue 2023: $139MRevenue 2024: $139MRevenue 2025: $150MSpending 2019: $116MSpending 2020: $107MSpending 2021: $119MSpending 2022: $118MSpending 2023: $129MSpending 2024: $137MSpending 2025: $133M

Our calculation from OSC AFR account data: all funds except custodial (T*), capital projects (H), fixed-asset (K) and long-term debt (W) groups, excluding interfund transfers and debt proceeds.

General fund surplus / deficit General fund result (incl. transfers)
$0k$2.3M$4.5M$6.8M$9.1M2019202020212022202320242025General fund result (incl. transfers) 2019: $208kGeneral fund result (incl. transfers) 2020: $150kGeneral fund result (incl. transfers) 2021: $3.4MGeneral fund result (incl. transfers) 2022: $4.1MGeneral fund result (incl. transfers) 2023: $9.1MGeneral fund result (incl. transfers) 2024: $1.2MGeneral fund result (incl. transfers) 2025: $368k

OSC AFR, fund A, revenues and other sources minus expenditures and other uses (our calculation). Planned use of fund balance appears as a deficit.

Debt Debt outstandingDebt service
$0k$36.1M$72.3M$108M$145M2019202020212022202320242025Debt outstanding 2019: $115MDebt outstanding 2020: $120MDebt outstanding 2021: $118MDebt outstanding 2022: $132MDebt outstanding 2023: $136MDebt outstanding 2024: $137MDebt outstanding 2025: $145MDebt service 2019: $14.8MDebt service 2020: $7.7MDebt service 2021: $11.1MDebt service 2022: $7.7MDebt service 2023: $9.0MDebt service 2024: $10.9MDebt service 2025: $11.4M

Year-end debt outstanding (OSC AFR debt detail) and debt service expenditures (OSC AFR).

Property tax levy (OSC tax tables) Total levy
$0k$8.9M$17.9M$26.8M$35.7M202120222023202420252026Total levy 2021: $31.2MTotal levy 2022: $32.2MTotal levy 2023: $33.1MTotal levy 2024: $34.2MTotal levy 2025: $34.9MTotal levy 2026: $35.7M

Levy as reported in OSC's annual tax tables for the year shown.

OSC FSMS fund balance ratio
FY202320.3%FY202422.9%FY202521.3%

Assigned + unassigned general fund balance ÷ gross expenditures, as computed by OSC.

OSC FSMS fiscal stress score (higher = more stress)
FY201952.5 Susceptible Fiscal StressFY202045.8 Susceptible Fiscal StressFY202131.3 No DesignationFY202212.5 No DesignationFY20230 No DesignationFY20240 No DesignationFY20250 No Designation

OSC's own scores and designations. 'Not filed' rows mean the AFR was not filed in time to be scored.

Annual Financial Report series

YearOperating revenueOperating spendingGF revenue (incl. transfers)GF spending (incl. transfers)Property taxSales taxState aidDebt serviceDebt outstandingSource
2019 (FYE 2019-12-31)$106,826,258$116,038,333$52,333,962$52,125,861$40,254,888$26,474,312$4,980,828$14,785,208$114,892,706afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$118,725,243$106,560,192$52,536,216$52,386,304$41,507,926$24,406,222$3,623,478$7,651,494$120,305,240afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$113,493,652$119,414,422$58,209,171$54,781,959$42,698,350$29,706,037$5,422,852$11,058,187$117,538,789afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$122,151,672$118,170,989$62,143,665$58,061,075$43,359,061$33,439,890$5,205,775$7,738,410$131,856,164afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$138,955,262$128,877,020$78,093,143$69,006,821$45,500,203$33,761,995$4,835,350$8,995,382$135,983,248afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$138,741,089$136,979,312$66,370,082$65,186,516$47,662,422$34,837,289$4,486,726$10,919,778$137,077,273afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-12-31)$150,338,994$132,720,788$68,435,859$68,067,477$49,807,140$35,477,104$4,593,913$11,383,420$144,537,778afr-2025 ⓘ · debt-2025 ⓘ
OSC snapshot 2026-09-30

Operating and property-tax figures are our sums of OSC account-level data (independent calculation, not OSC's own totals); GF = general fund (A).

Tax cap filings (OSC)

Fiscal yearPrior levyProposed levyLevy limitLimit minus proposedLevy growthOverride planned
2019$27,987,314$29,521,117$28,954,719$-566,3985.5%Yes
2020$29,543,724$30,445,040$30,451,522$6,4823.1%No
2021$30,445,879$31,195,746$31,201,282$5,5362.5%No
2022$31,181,219$32,234,139$32,461,284$227,1453.4%No
2023$32,234,139$33,176,658$33,253,360$76,7022.9%No
2024$33,163,085$34,195,970$34,229,384$33,4143.1%No
2025$34,161,234$34,933,621$35,201,675$268,0542.3%No
2026$34,889,222$35,732,949$36,423,747$690,7982.4%No

Source: taxcap ⓘ, snapshot 10/09/2026. Highlighted rows: proposed levy above the computed limit. Filings are as submitted to OSC before budget adoption; a later fiscal year that has not been filed yet does not appear.

OSC Fiscal Stress Monitoring System

FYStress designationFiscal scoreEnvironmental ratingEnv. scoreSource
2019Susceptible Fiscal Stress52.5No Designation6.7fsms-muni-2019 ⓘ
2020Susceptible Fiscal Stress45.8No Designation6.7fsms-muni-2020 ⓘ
2021No Designation31.3No Designation0fsms-muni-2021 ⓘ
2022No Designation12.5No Designation0fsms-muni-2022 ⓘ
2023No Designation0No Designation0fsms-muni-2023 ⓘ
2024No Designation0No Designation0fsms-muni-2024 ⓘ
2025No Designation0No Designation0fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 20.3% ($14,009,430 of $69,006,821) fsms-ind1-muni-2023 ⓘ · FY2024 22.9% ($14,921,308 of $65,186,516) fsms-ind1-muni-2024 ⓘ · FY2025 21.3% ($14,462,611 of $68,067,477) fsms-ind1-muni-2025 ⓘ

OSC audits (1)

Source: osc-audits ⓘ. Matched by entity name in the report title.

In meetings

Context only. These links point to meetings where budget, levy, fund balance, debt or audits came up; they are not used in any figure above.

Budget and audit moments in meeting transcripts (6 meetings)

Machine transcripts; listen before citing. Meeting Insights library

Profile data as JSON: /api/entity/albany-county/colonie.json