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 Milan

Town · Dutchess County · Mid-Hudson · OSC municipal code 130353100000

Population 2,328 (Census estimate 2025; 2020 base 2,257) popest-2025 ⓘ · Meeting coverage: documents

Flags

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 59.2% of gross expenditures (FY 2025); threshold > 50%.

Source: fsms-ind1-muni-2025 ⓘ

Compared with Mid-Hudson towns

IndicatorTown of MilanPeer medianPercentilePeersBasis
Operating spending per capita$1,430$1,10670th114AFR 2025, operating funds (our calc)
Property tax per capita$757$57964th114AFR 2025 real property taxes (our calc)
Debt per capita$149$41520th97AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending3.2%3.9%45th114AFR 2025 (our calc)
State aid % of operating revenue11.2%10.6%54th114AFR 2025 (our calc)
Sales tax % of operating revenue5.8%7.1%47th114AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)59.2%40.1%72nd104OSC FSMS FY2025
Operating spending growth over 5 AFR years27.3%27.3%50th111AFR 2021–2025 (our calc)
Levy growth22%14.4%66th1142021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)03.312th97OSC 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$969k$1.9M$2.9M$3.9M2019202020212022202320242025Revenue 2019: $2.6MRevenue 2020: $2.6MRevenue 2021: $2.9MRevenue 2022: $3.0MRevenue 2023: $3.5MRevenue 2024: $3.8MRevenue 2025: $3.9MSpending 2019: $2.4MSpending 2020: $2.5MSpending 2021: $2.6MSpending 2022: $2.7MSpending 2023: $2.9MSpending 2024: $3.5MSpending 2025: $3.3M

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$109k$218k$326k$435k2019202020212022202320242025General fund result (incl. transfers) 2019: $228kGeneral fund result (incl. transfers) 2020: $68kGeneral fund result (incl. transfers) 2021: $282kGeneral fund result (incl. transfers) 2022: $221kGeneral fund result (incl. transfers) 2023: $435kGeneral fund result (incl. transfers) 2024: $161kGeneral fund result (incl. transfers) 2025: $48k

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$305k$610k$915k$1.2M2019202020212022202320242025Debt outstanding 2019: $1.2MDebt outstanding 2020: $989kDebt outstanding 2021: $758kDebt outstanding 2022: $597kDebt outstanding 2023: $569kDebt outstanding 2024: $440kDebt outstanding 2025: $348kDebt service 2019: $220kDebt service 2020: $269kDebt service 2021: $263kDebt service 2022: $186kDebt service 2023: $185kDebt service 2024: $147kDebt service 2025: $108k

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

Property tax levy (OSC tax tables) Total levy
$0k$468k$936k$1.4M$1.9M202120222023202420252026Total levy 2021: $1.5MTotal levy 2022: $1.6MTotal levy 2023: $1.6MTotal levy 2024: $1.7MTotal levy 2025: $1.7MTotal levy 2026: $1.9M

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

OSC FSMS fund balance ratio
FY202349.4%FY202450.5%FY202559.2%

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

OSC FSMS fiscal stress score (higher = more stress)
FY20195 No DesignationFY20205 No DesignationFY20210 No DesignationFY20220 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)$2,604,392$2,361,506$1,135,940$907,923$1,470,154$155,248$233,525$219,921$1,220,000afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$2,569,074$2,468,355$988,739$920,900$1,518,625$168,545$247,032$269,398$989,000afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$2,916,002$2,615,760$1,254,251$972,125$1,544,922$153,400$515,477$262,761$758,000afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$3,026,388$2,744,310$1,306,912$1,086,331$1,587,956$218,975$384,612$185,812$597,000afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$3,456,437$2,912,466$1,625,093$1,189,896$1,638,216$329,048$350,034$185,074$568,650afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$3,844,069$3,511,981$1,848,152$1,687,627$1,692,617$222,828$383,366$147,361$440,120afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-12-31)$3,877,370$3,330,178$1,760,411$1,712,816$1,762,856$226,394$435,926$107,649$347,590afr-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$1,431,049$1,461,899$1,492,087$30,1882.2%No
2020$1,461,899$1,500,233$1,500,233$02.6%No
2021$1,500,233$1,534,912$1,534,912$02.3%No
2022$1,534,912$1,576,413$1,576,413$02.7%No
2023$1,576,413$1,625,307$1,625,307$03.1%No
2024$1,625,307$1,683,078$1,683,078$03.6%No
2025$1,683,078$1,748,499$1,748,499$03.9%No
2026$1,748,499$1,872,642$1,872,642$07.1%No
2027$1,872,642$1,925,949$1,925,949$02.9%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 Designation5No Designation20fsms-muni-2019 ⓘ
2020No Designation5No Designation20fsms-muni-2020 ⓘ
2021No Designation0No Designation13.3fsms-muni-2021 ⓘ
2022No Designation0No Designation13.3fsms-muni-2022 ⓘ
2023No Designation0No Designation3.3fsms-muni-2023 ⓘ
2024No Designation0No Designation3.3fsms-muni-2024 ⓘ
2025No Designation0No Designation3.3fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 49.4% ($1,246,512 of $2,525,757) fsms-ind1-muni-2023 ⓘ · FY2024 50.5% ($1,570,478 of $3,109,099) fsms-ind1-muni-2024 ⓘ · FY2025 59.2% ($1,962,496 of $3,314,967) fsms-ind1-muni-2025 ⓘ

OSC audits (1)

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

Profile data as JSON: /api/entity/dutchess-county/milan.json