Civic Finance

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

Capital Region › Villages › Overlapping entities

Village of Menands

Village · Albany County · Capital Region · OSC municipal code 010418703040

Population 4,615 (Census estimate 2025; 2020 base 4,537) popest-2025 ⓘ · Meeting coverage: documents

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Recurring deficits our calculation

General fund spending (incl. transfers out) exceeded revenues (incl. transfers in) in 2023, 2024, 2025, and operating funds overall spent more than they took in in 2023, 2025 (last 3 AFR years). Planned use of fund balance can cause this; check the adopted budgets.

Source: afr-2023 ⓘ · afr-2024 ⓘ · afr-2025 ⓘ

Low fund balance

OSC FSMS: assigned + unassigned general fund balance was 0% of gross expenditures (FY 2023); threshold < 5%.

Source: fsms-ind1-muni-2023 ⓘ

Levy above tax cap

OSC tax cap filings: proposed levy exceeded the computed levy limit for FY 2025 (by $70,188, override planned), 2027 (by $481,387, override planned). Exceeding the limit requires a local law override (60% of the governing body).

Source: taxcap ⓘ

AFR not filed in time for FSMS score

Listed on OSC's FSMS 2025 not-filed (municipalities); last filed in time for a score: 2023. This is filing status, not a stress designation.

Source: fsms-notfiled-muni-2025 ⓘ

Compared with Capital Region villages

IndicatorVillage of MenandsPeer medianPercentilePeersBasis
Operating spending per capita$1,992$1,29582nd47AFR 2025, operating funds (our calc)
Property tax per capita$616$38080th47AFR 2025 real property taxes (our calc)
Debt per capita$724$1,15335th42AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending4.4%6.5%41st48AFR 2025 (our calc)
State aid % of operating revenue4%5.9%25th48AFR 2025 (our calc)
Sales tax % of operating revenue27%14%80th48AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)0%42.4%1st42OSC FSMS FY2023
Operating spending growth over 5 AFR years47.1%20.8%75th46AFR 2021–2025 (our calc)
Levy growth11.8%10.7%57th462021–2026 OSC tax tables

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$2.3M$4.6M$6.9M$9.2M2019202020212022202320242025Revenue 2019: $6.1MRevenue 2020: $6.3MRevenue 2021: $6.2MRevenue 2022: $6.9MRevenue 2023: $7.5MRevenue 2024: $9.2MRevenue 2025: $7.9MSpending 2019: $6.1MSpending 2020: $6.2MSpending 2021: $6.2MSpending 2022: $6.8MSpending 2023: $7.6MSpending 2024: $9.0MSpending 2025: $9.2M

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)
$-1.1M$-853k$-561k$-269k$23k2019202020212022202320242025General fund result (incl. transfers) 2019: $23kGeneral fund result (incl. transfers) 2020: $-128kGeneral fund result (incl. transfers) 2021: $-268kGeneral fund result (incl. transfers) 2022: $-242kGeneral fund result (incl. transfers) 2023: $-24kGeneral fund result (incl. transfers) 2024: $-396kGeneral fund result (incl. transfers) 2025: $-1.1M

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$1.0M$2.0M$3.0M$4.1M2019202020212022202320242025Debt outstanding 2019: $3.4MDebt outstanding 2020: $4.1MDebt outstanding 2021: $3.8MDebt outstanding 2022: $3.6MDebt outstanding 2023: $3.9MDebt outstanding 2024: $3.6MDebt outstanding 2025: $3.3MDebt service 2019: $286kDebt service 2020: $284kDebt service 2021: $346kDebt service 2022: $349kDebt service 2023: $344kDebt service 2024: $398kDebt service 2025: $401k

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

Property tax levy (OSC tax tables) Total levy
$0k$715k$1.4M$2.1M$2.9M202120222023202420252026Total levy 2021: $2.5MTotal levy 2022: $2.6MTotal levy 2023: $2.7MTotal levy 2024: $2.7MTotal levy 2025: $2.9MTotal levy 2026: $2.8M

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

OSC FSMS fund balance ratio
FY20230.0%

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

OSC FSMS fiscal stress score (higher = more stress)
FY201912.9 No DesignationFY20209.6 No DesignationFY202122.1 No DesignationFY202234.6 No DesignationFY202337.9 No DesignationFY20240 Not filedFY20250 Not Filed

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 2019-05-31)$6,149,835$6,071,355$4,498,540$4,475,983$2,361,988$1,528,738$169,852$286,119$3,400,000afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-05-31)$6,267,439$6,203,475$4,541,623$4,669,928$2,453,299$1,511,715$180,898$284,466$4,055,000afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-05-31)$6,233,272$6,248,051$4,599,775$4,867,954$2,552,405$1,527,543$175,023$345,570$3,845,000afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-05-31)$6,927,873$6,801,938$5,119,382$5,361,174$2,628,727$1,852,910$277,702$348,534$3,620,000afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-05-31)$7,538,499$7,584,190$5,524,422$5,548,090$2,688,161$1,962,691$153,101$344,392$3,889,500afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-05-31)$9,244,826$8,993,162$5,900,853$6,297,036$2,636,162$2,010,519$1,477,468$397,792$3,621,023afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-05-31)$7,891,146$9,193,115$5,802,050$6,946,560$2,844,892$2,128,593$317,540$400,607$3,341,242afr-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$2,277,388$2,344,799$2,335,712$-9,0873%Yes
2020$2,344,487$2,439,199$2,437,530$-1,6694%Yes
2021$2,440,791$2,540,251$2,519,513$-20,7384.1%Yes
2022$2,540,141$2,614,518$2,626,866$12,3482.9%Yes
2023$2,614,079$2,666,512$2,686,092$19,5802%Yes
2024$2,589,082$2,702,059$2,702,131$724.4%Yes
2025$2,706,920$2,858,409$2,788,221$-70,1885.6%Yes
2026$2,858,409$2,838,822$2,876,592$37,770-0.7%No
2027$2,838,822$3,320,340$2,838,953$-481,38717%Yes

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
2019No Designation12.9No Designation10fsms-muni-2019 ⓘ
2020No Designation9.6No Designation13.3fsms-muni-2020 ⓘ
2021No Designation22.1No Designation26.7fsms-muni-2021 ⓘ
2022No Designation34.6No Designation0fsms-muni-2022 ⓘ
2023No Designation37.9No Designation0fsms-muni-2023 ⓘ
2024Not filed–––fsms-muni-2024 ⓘ
2025Not Filed–––fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 0% ($0 of $5,548,090) fsms-ind1-muni-2023 ⓘ

Filing status

Listed on OSC's FSMS 2025 not-filed (municipalities). Last filed in time for a score: 2023. fsms-notfiled-muni-2025 ⓘ

OSC audits (1)

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

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