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 Monroe

Town · Orange County · Mid-Hudson · OSC municipal code 330354200000

Population 24,343 (Census estimate 2025; 2020 base 21,347) popest-2025 ⓘ · Meeting coverage: documents

Flags

Rapid debt growth our calculation

Debt outstanding rose from $8,015,500 (2021) to $26,235,000 (2024), +227%.

Source: debt-2021 ⓘ · debt-2024 ⓘ

Levy above tax cap

OSC tax cap filings: proposed levy exceeded the computed levy limit for FY 2025 (by $282,006, 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: 2024. This is filing status, not a stress designation.

Source: fsms-notfiled-muni-2025 ⓘ

Compared with Mid-Hudson towns

IndicatorTown of MonroePeer medianPercentilePeersBasis
Operating spending per capita$588$1,1067th114AFR 2024, operating funds (our calc)
Property tax per capita$331$57917th114AFR 2024 real property taxes (our calc)
Debt per capita$1,078$41583rd97AFR 2024 debt detail, year-end outstanding
Debt service % of operating spending9.8%3.9%92nd114AFR 2024 (our calc)
State aid % of operating revenue7.9%10.6%31st114AFR 2024 (our calc)
Sales tax % of operating revenue13.2%7.1%70th114AFR 2024 (our calc)
Fund balance ratio (OSC FSMS)42.3%40.1%52nd104OSC FSMS FY2024
Operating spending growth over 5 AFR years15.7%27.3%19th111AFR 2020–2024 (our calc)
Levy growth26.7%14.4%73rd1142021–2026 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$3.9M$7.8M$11.7M$15.6M201920202021202220232024Revenue 2019: $13.2MRevenue 2020: $13.4MRevenue 2021: $12.7MRevenue 2022: $13.5MRevenue 2023: $15.6MRevenue 2024: $14.7MSpending 2019: $13.0MSpending 2020: $12.4MSpending 2021: $11.4MSpending 2022: $11.6MSpending 2023: $13.7MSpending 2024: $14.3M

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)
$-1.2M$-738k$-281k$175k$632k201920202021202220232024General fund result (incl. transfers) 2019: $7kGeneral fund result (incl. transfers) 2020: $-146kGeneral fund result (incl. transfers) 2021: $6kGeneral fund result (incl. transfers) 2022: $632kGeneral fund result (incl. transfers) 2023: $-102kGeneral fund result (incl. transfers) 2024: $-1.2M

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$6.6M$13.3M$19.9M$26.6M201920202021202220232024Debt outstanding 2019: $7.6MDebt outstanding 2020: $7.4MDebt outstanding 2021: $8.0MDebt outstanding 2022: $7.6MDebt outstanding 2023: $26.6MDebt outstanding 2024: $26.2MDebt service 2019: $312kDebt service 2020: $597kDebt service 2021: $420kDebt service 2022: $558kDebt service 2023: $660kDebt service 2024: $1.4M

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

Property tax levy (OSC tax tables) Total levy
$0k$2.1M$4.2M$6.3M$8.4M202120222023202420252026Total levy 2021: $6.6MTotal levy 2022: $6.9MTotal levy 2023: $7.1MTotal levy 2024: $7.3MTotal levy 2025: $7.8MTotal levy 2026: $8.4M

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

OSC FSMS fund balance ratio
FY202442.3%

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

OSC FSMS fiscal stress score (higher = more stress)
FY20190 Not filedFY20200 Not filedFY20210 Not filedFY20220 No DesignationFY20230 Not filedFY20240 No DesignationFY20250 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 2019-12-31)$13,247,335$12,975,566$6,268,427$6,261,850$8,682,025$1,289,968$1,040,912$312,456$7,648,500afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$13,382,635$12,376,349$5,740,585$5,886,567$8,522,588$1,413,767$1,466,658$597,046$7,419,500afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$12,690,059$11,361,521$4,542,204$4,536,619$7,195,931$1,748,000$1,545,344$420,339$8,015,500afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$13,532,627$11,590,653$4,957,653$4,326,047$7,460,898$1,889,380$1,858,925$557,996$7,553,000afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$15,563,555$13,669,185$6,330,995$6,432,878$7,711,871$1,893,120$1,203,564$660,378$26,585,000afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$14,745,092$14,318,894$4,720,304$5,914,361$8,049,455$1,949,190$1,166,903$1,398,183$26,235,000afr-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$7,000,930$6,267,629$7,275,264$1,007,635-10.5%No
2020$6,267,629$6,507,148$6,539,423$32,2753.8%No
2021$6,472,865$6,639,186$6,639,186$02.6%No
2022$6,609,765$6,991,897$6,824,982$-166,9155.8%Yes
2023$6,806,845$7,070,422$7,078,328$7,9063.9%No
2024$7,070,422$7,283,665$7,289,785$6,1203%No
2025$7,280,643$7,808,037$7,526,031$-282,0067.2%Yes
2026$7,808,037$7,838,426$7,994,756$156,3300.4%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
2019Not filed–––fsms-muni-2019 ⓘ
2020Not filed–––fsms-muni-2020 ⓘ
2021Not filed–––fsms-muni-2021 ⓘ
2022No Designation0No Designation13.3fsms-muni-2022 ⓘ
2023Not filed–––fsms-muni-2023 ⓘ
2024No Designation0No Designation0fsms-muni-2024 ⓘ
2025Not Filed–––fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2024 42.3% ($3,001,294 of $7,090,461) fsms-ind1-muni-2024 ⓘ

Filing status

Listed on OSC's FSMS 2025 not-filed (municipalities). Last filed in time for a score: 2024. fsms-notfiled-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 (1 meetings)

Machine transcripts; listen before citing. Meeting Insights library

Profile data as JSON: /api/entity/orange-county/monroe.json