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 Pleasant Valley

Town · Dutchess County · Mid-Hudson · OSC municipal code 130367400000

Population 9,822 (Census estimate 2025; 2020 base 9,791) popest-2025 ⓘ · Meeting coverage: documents

Flags

Recurring deficits our calculation

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

Source: afr-2024 ⓘ · afr-2025 ⓘ

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 53.1% of gross expenditures (FY 2025); threshold > 50%.

Source: fsms-ind1-muni-2025 ⓘ

Rapid debt growth our calculation

Debt outstanding rose from $23,228 (2022) to $4,632,247 (2025), +19843%.

Source: debt-2022 ⓘ · debt-2025 ⓘ

Compared with Mid-Hudson towns

IndicatorTown of Pleasant ValleyPeer medianPercentilePeersBasis
Operating spending per capita$613$1,10611th114AFR 2025, operating funds (our calc)
Property tax per capita$250$5798th114AFR 2025 real property taxes (our calc)
Debt per capita$472$41558th97AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending0%3.9%7th114AFR 2025 (our calc)
State aid % of operating revenue10.8%10.6%53rd114AFR 2025 (our calc)
Sales tax % of operating revenue17.3%7.1%77th114AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)53.1%40.1%65th104OSC FSMS FY2025
Operating spending growth over 5 AFR years35.2%27.3%73rd111AFR 2021–2025 (our calc)
Levy growth-18.9%14.4%4th1142021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)6.73.369th97OSC 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$1.7M$3.4M$5.1M$6.8M2019202020212022202320242025Revenue 2019: $5.0MRevenue 2020: $5.3MRevenue 2021: $5.7MRevenue 2022: $6.5MRevenue 2023: $5.8MRevenue 2024: $6.8MRevenue 2025: $5.7MSpending 2019: $4.2MSpending 2020: $3.7MSpending 2021: $4.5MSpending 2022: $4.7MSpending 2023: $5.2MSpending 2024: $6.8MSpending 2025: $6.0M

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)
$-2.6M$-1.1M$430k$2.0M$3.5M2019202020212022202320242025General fund result (incl. transfers) 2019: $173kGeneral fund result (incl. transfers) 2020: $3.5MGeneral fund result (incl. transfers) 2021: $1.5MGeneral fund result (incl. transfers) 2022: $348kGeneral fund result (incl. transfers) 2023: $313kGeneral fund result (incl. transfers) 2024: $-548kGeneral fund result (incl. transfers) 2025: $-2.6M

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$1.2M$2.3M$3.5M$4.6M2019202020212022202320242025Debt outstanding 2019: $72kDebt outstanding 2020: $19kDebt outstanding 2021: $15kDebt outstanding 2022: $23kDebt outstanding 2023: $16kDebt outstanding 2024: $8kDebt outstanding 2025: $4.6MDebt service 2019: $76kDebt service 2020: $76kDebt service 2021: $5kDebt service 2022: $8kDebt service 2023: $8kDebt service 2024: $8kDebt service 2025: $3k

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

Property tax levy (OSC tax tables) Total levy
$0k$741k$1.5M$2.2M$3.0M202120222023202420252026Total levy 2021: $3.0MTotal levy 2022: $2.5MTotal levy 2023: $2.6MTotal levy 2024: $2.5MTotal levy 2025: $2.4MTotal levy 2026: $2.4M

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

OSC FSMS fund balance ratio
FY2023164.5%FY2024103.6%FY202553.1%

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 DesignationFY20220 No DesignationFY20230 No DesignationFY20243.3 No DesignationFY20256.7 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)$4,980,024$4,203,915$3,124,714$2,951,947$3,103,639$520,983$387,520$75,599$72,000afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$5,302,450$3,724,774$5,756,061$2,271,419$2,978,809$687,837$437,296$76,321$19,091afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$5,714,979$4,452,940$4,125,387$2,583,189$2,980,778$1,047,442$442,502$5,015$15,387afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$6,453,712$4,657,976$3,683,105$3,334,869$3,450,529$880,069$691,919$8,170$23,228afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$5,762,573$5,225,927$3,220,277$2,907,312$2,652,440$897,107$675,448$8,170$15,769afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$6,817,986$6,828,068$4,098,104$4,646,140$2,558,829$972,603$653,729$8,170$7,975afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-12-31)$5,707,978$6,019,365$3,177,756$5,803,203$2,460,029$988,168$618,647$2,507$4,632,247afr-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$2,580,788$2,644,858$2,645,305$4472.5%No
2020$2,644,858$2,524,375$2,700,900$176,525-4.6%No
2021$2,524,375$2,963,937$2,604,269$-359,66817.4%No
2022$2,963,937$2,059,698$2,579,537$79,812-30.5%No
2023$2,499,890$2,636,182$3,016,708$380,5265.5%No
2024$2,635,657$2,638,524$2,741,623$103,0990.1%No
2025$2,544,125$2,446,510$2,650,645$204,135-3.8%No
2026$2,445,511$2,445,511$2,566,609$121,0980%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 Designation0No Designation23.3fsms-muni-2019 ⓘ
2020No Designation0No Designation16.7fsms-muni-2020 ⓘ
2021No Designation0No Designation10fsms-muni-2021 ⓘ
2022No Designation0No Designation0fsms-muni-2022 ⓘ
2023No Designation0No Designation0fsms-muni-2023 ⓘ
2024No Designation3.3No Designation6.7fsms-muni-2024 ⓘ
2025No Designation6.7No Designation6.7fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 164.5% ($7,922,561 of $4,817,305) fsms-ind1-muni-2023 ⓘ · FY2024 103.6% ($7,540,028 of $7,275,703) fsms-ind1-muni-2024 ⓘ · FY2025 53.1% ($4,149,308 of $7,813,914) 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 (2 meetings)

Machine transcripts; listen before citing. Meeting Insights library

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