Civic Finance

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

Mid-Hudson › Villages › Overlapping entities

Village of Millerton

Village · Dutchess County · Mid-Hudson · OSC municipal code 130459303120

Population 880 (Census estimate 2025; 2020 base 890) popest-2025 ⓘ · Meeting coverage: documents

Flags

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 62% of gross expenditures (FY 2023); threshold > 50%.

Source: fsms-ind1-muni-2023 ⓘ

Levy above tax cap

OSC tax cap filings: proposed levy exceeded the computed levy limit for FY 2025 (by $16,484, override planned), 2026 (by $12,944, override planned), 2027 (by $44,094, 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 Mid-Hudson villages

IndicatorVillage of MillertonPeer medianPercentilePeersBasis
Operating spending per capita$1,469$1,90026th48AFR 2024, operating funds (our calc)
Property tax per capita$522$71826th48AFR 2024 real property taxes (our calc)
Debt per capita$577$1,60223rd45AFR 2024 debt detail, year-end outstanding
Debt service % of operating spending19.1%8.2%89th48AFR 2024 (our calc)
State aid % of operating revenue2.3%4.8%25th48AFR 2024 (our calc)
Sales tax % of operating revenue4%5.9%45th48AFR 2024 (our calc)
Fund balance ratio (OSC FSMS)62%31.1%87th41OSC FSMS FY2023
Operating spending growth over 5 AFR years29.6%30.7%48th46AFR 2020–2024 (our calc)
Levy growth28.7%15.1%84th472021–2026 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$340k$681k$1.0M$1.4M201920202021202220232024Revenue 2019: $1.0MRevenue 2020: $1.2MRevenue 2021: $960kRevenue 2022: $1.1MRevenue 2023: $1.4MRevenue 2024: $1.2MSpending 2019: $995kSpending 2020: $998kSpending 2021: $848kSpending 2022: $1.1MSpending 2023: $1.3MSpending 2024: $1.3M

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)
$-212k$-138k$-65k$9k$82k201920202021202220232024General fund result (incl. transfers) 2019: $82kGeneral fund result (incl. transfers) 2020: $60kGeneral fund result (incl. transfers) 2021: $82kGeneral fund result (incl. transfers) 2022: $-36kGeneral fund result (incl. transfers) 2023: $-24kGeneral fund result (incl. transfers) 2024: $-212k

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$146k$292k$438k$584k201920202021202220232024Debt outstanding 2019: $42kDebt outstanding 2020: $23kDebt outstanding 2021: $4kDebt outstanding 2022: $276kDebt outstanding 2023: $584kDebt outstanding 2024: $507kDebt service 2019: $20kDebt service 2020: $122kDebt service 2021: $20kDebt service 2022: $5kDebt service 2023: $1kDebt service 2024: $248k

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

Property tax levy (OSC tax tables) Total levy
$0k$131k$261k$392k$523k202120222023202420252026Total levy 2021: $406kTotal levy 2022: $419kTotal levy 2023: $444kTotal levy 2024: $456kTotal levy 2025: $492kTotal levy 2026: $523k

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

OSC FSMS fund balance ratio
FY202362.0%

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

OSC FSMS fiscal stress score (higher = more stress)
FY20190 No DesignationFY20200 No DesignationFY20210 No DesignationFY20226.7 No DesignationFY20230 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)$1,045,329$994,556$755,585$673,585$400,498$30,959$100,324$20,194$42,484afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-05-31)$1,160,431$997,757$784,723$724,347$416,061$33,748$119,702$121,512$23,332afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-05-31)$959,519$848,038$680,894$598,895$411,375$31,307$5,157$20,200$4,179afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-05-31)$1,118,925$1,110,395$791,852$827,792$423,736$45,965$55,315$4,665$276,389afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-05-31)$1,361,556$1,286,952$992,900$1,016,984$451,039$24,502$37,582$1,226$583,888afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-05-31)$1,166,632$1,292,947$865,802$1,077,363$459,448$46,417$26,660$247,585$507,388afr-2024 ⓘ · debt-2024 ⓘ
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). No AFR data in OSC bulk files for 2025 (left blank, not estimated).

Tax cap filings (OSC)

Fiscal yearPrior levyProposed levyLevy limitLimit minus proposedLevy growthOverride planned
2019$393,000$394,707$401,461$6,7540.4%No
2020$394,707$403,985$403,985$02.4%No
2021$403,985$406,491$419,728$13,2370.6%No
2022$406,491$419,142$419,142$03.1%No
2023$419,142$443,631$429,449$-14,1825.8%Yes
2024$443,631$456,486$456,486$02.9%No
2025$456,486$492,308$475,824$-16,4847.9%Yes
2026$492,308$522,971$510,027$-12,9446.2%Yes
2027$522,971$577,771$533,677$-44,09410.5%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 Designation0No Designation20fsms-muni-2019 ⓘ
2020No Designation0No Designation10fsms-muni-2020 ⓘ
2021No Designation0No Designation16.7fsms-muni-2021 ⓘ
2022No Designation6.7No Designation13.3fsms-muni-2022 ⓘ
2023No Designation0No Designation13.3fsms-muni-2023 ⓘ
2024Not filed–––fsms-muni-2024 ⓘ
2025Not Filed–––fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 62% ($630,042 of $1,016,984) 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 ⓘ

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

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