Civic Finance

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

Mid-Hudson › Towns › Overlapping entities

Town of Gallatin

Town · Columbia County · Mid-Hudson · OSC municipal code 100331300000

Population 1,616 (Census estimate 2025; 2020 base 1,632) popest-2025 ⓘ · Meeting coverage: documents

No indicator flags.

Compared with Mid-Hudson towns

IndicatorTown of GallatinPeer medianPercentilePeersBasis
Operating spending per capita$1,158$1,10655th114AFR 2025, operating funds (our calc)
Property tax per capita$248$5797th114AFR 2025 real property taxes (our calc)
Debt per capita$276$41537th97AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending1.9%3.9%29th114AFR 2025 (our calc)
State aid % of operating revenue33.2%10.6%98th114AFR 2025 (our calc)
Sales tax % of operating revenue28.6%7.1%89th114AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)23.9%40.1%25th104OSC FSMS FY2025
Operating spending growth over 5 AFR years104.4%27.3%100th111AFR 2021–2025 (our calc)
Levy growth-31.9%14.4%1st1142021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)3.33.343rd97OSC 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$468k$936k$1.4M$1.9M2019202020212022202320242025Revenue 2019: $1.0MRevenue 2020: $1.1MRevenue 2021: $1.3MRevenue 2022: $1.4MRevenue 2023: $1.5MRevenue 2024: $1.3MRevenue 2025: $1.8MSpending 2019: $989kSpending 2020: $847kSpending 2021: $916kSpending 2022: $1.0MSpending 2023: $1.3MSpending 2024: $1.0MSpending 2025: $1.9M

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)
$-49k$43k$135k$227k$320k2019202020212022202320242025General fund result (incl. transfers) 2019: $0kGeneral fund result (incl. transfers) 2020: $215kGeneral fund result (incl. transfers) 2021: $298kGeneral fund result (incl. transfers) 2022: $320kGeneral fund result (incl. transfers) 2023: $149kGeneral fund result (incl. transfers) 2024: $306kGeneral fund result (incl. transfers) 2025: $-49k

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$125k$250k$375k$500k2019202020212022202320242025Debt outstanding 2022: $500kDebt outstanding 2023: $483kDebt outstanding 2024: $465kDebt outstanding 2025: $446kDebt service 2019: $0kDebt service 2020: $0kDebt service 2021: $0kDebt service 2022: $0kDebt service 2023: $36kDebt service 2024: $36kDebt service 2025: $36k

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

Property tax levy (OSC tax tables) Total levy
$0k$98k$195k$293k$390k202120222023202420252026Total levy 2021: $335kTotal levy 2022: $353kTotal levy 2023: $362kTotal levy 2024: $377kTotal levy 2025: $390kTotal levy 2026: $228k

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

OSC FSMS fund balance ratio
FY202321.9%FY202422.7%FY202523.9%

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

OSC FSMS fiscal stress score (higher = more stress)
FY20193.3 No DesignationFY20200 No DesignationFY20210 No DesignationFY20220 No DesignationFY20230 No DesignationFY20240 No DesignationFY20253.3 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)$1,008,523$989,085$497,299$496,828$335,810$352,461$184,109$0–afr-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$1,072,301$846,995$554,761$340,050$342,843$363,213$200,585$0–afr-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$1,260,835$915,582$677,094$379,514$343,270$443,039$317,471$0–afr-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$1,389,410$1,048,208$762,206$442,674$362,582$486,639$331,338$0$500,000afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$1,458,977$1,285,002$793,357$644,305$372,484$490,539$308,936$35,884$482,716afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$1,329,034$1,022,689$813,278$507,423$389,939$478,799$147,239$35,884$464,788afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-12-31)$1,808,657$1,871,272$1,076,274$1,125,613$400,952$516,373$600,896$35,884$446,194afr-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$316,674$327,562$327,562$03.4%No
2020$327,562$334,681$334,681$02.2%No
2021$334,681$344,899$344,899$03.1%No
2022$334,899$352,919$352,919$05.4%No
2023$352,919$362,245$362,245$02.6%No
2024$362,245$377,794$377,794$04.3%No
2025$377,794$390,398$390,398$03.3%No
2026$390,398$403,064$403,064$03.2%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
2019No Designation3.3No Designation13.3fsms-muni-2019 ⓘ
2020No Designation0No Designation13.3fsms-muni-2020 ⓘ
2021No Designation0No Designation20fsms-muni-2021 ⓘ
2022No Designation0No Designation13.3fsms-muni-2022 ⓘ
2023No Designation0No Designation23.3fsms-muni-2023 ⓘ
2024No Designation0No Designation13.3fsms-muni-2024 ⓘ
2025No Designation3.3Susceptible Environmental Stress30fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 21.9% ($325,832 of $1,488,344) fsms-ind1-muni-2023 ⓘ · FY2024 22.7% ($242,547 of $1,069,105) fsms-ind1-muni-2024 ⓘ · FY2025 23.9% ($524,997 of $2,192,774) fsms-ind1-muni-2025 ⓘ

No OSC audits matched by name for this entity (osc-audits ⓘ).

Profile data as JSON: /api/entity/columbia-county/gallatin.json