Civic Finance

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

Mid-Hudson › School districts › Overlapping entities

Carmel Csd

School district · Putnam County · Mid-Hudson · OSC municipal code 370612900200 · NYSED BEDS 480102 · OSC name “Carmel Central School District”

Enrollment 3,534 (NYSED PTRC) · Meeting coverage: documents

No indicator flags.

Compared with Mid-Hudson school districts

IndicatorCarmel CsdPeer medianPercentilePeersBasis
Operating spending per pupil$41,014$38,44859th65AFR 2025, operating funds (our calc)
Property tax per pupil$28,720$21,30081st65AFR 2025 real property taxes (our calc)
Debt per pupil$7,442$13,23021st63AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending4.3%4.5%43rd65AFR 2025 (our calc)
State aid % of operating revenue28.3%35.2%26th65AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)4.3%4.4%35th65OSC FSMS FY2025
Operating spending growth over 5 AFR years12.5%22.3%15th65AFR 2021–2025 (our calc)
Levy growth1.8%13.1%7th652021-22–2026-27 NYSED PTRC
Budget per pupil (NYSED PTRC)$42,537$41,52153rd65NYSED PTRC 2026-27
FSMS fiscal stress score (higher = more stress)0031st65OSC 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$38.3M$76.6M$115M$153M2019202020212022202320242025Revenue 2019: $128MRevenue 2020: $129MRevenue 2021: $131MRevenue 2022: $140MRevenue 2023: $142MRevenue 2024: $150MRevenue 2025: $153MSpending 2019: $128MSpending 2020: $126MSpending 2021: $129MSpending 2022: $140MSpending 2023: $140MSpending 2024: $144MSpending 2025: $145M

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)
$-690k$1.6M$3.8M$6.1M$8.4M2019202020212022202320242025General fund result (incl. transfers) 2019: $-690kGeneral fund result (incl. transfers) 2020: $2.8MGeneral fund result (incl. transfers) 2021: $1.5MGeneral fund result (incl. transfers) 2022: $3.0MGeneral fund result (incl. transfers) 2023: $804kGeneral fund result (incl. transfers) 2024: $5.7MGeneral fund result (incl. transfers) 2025: $8.4M

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$10.6M$21.1M$31.7M$42.2M2019202020212022202320242025Debt outstanding 2019: $22.9MDebt outstanding 2020: $38.9MDebt outstanding 2021: $42.2MDebt outstanding 2022: $35.9MDebt outstanding 2023: $33.7MDebt outstanding 2024: $30.6MDebt outstanding 2025: $26.3MDebt service 2019: $4.1MDebt service 2020: $3.6MDebt service 2021: $3.5MDebt service 2022: $10.3MDebt service 2023: $5.3MDebt service 2024: $5.6MDebt service 2025: $6.2M

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

School tax levy vs. levy limit (NYSED PTRC) Proposed levyLevy limit
$0k$26.1M$52.3M$78.4M$105M2021-222022-232023-242024-252025-262026-27Proposed levy 2021-22: $100MProposed levy 2022-23: $99.6MProposed levy 2023-24: $101MProposed levy 2024-25: $101MProposed levy 2025-26: $102MProposed levy 2026-27: $102MLevy limit 2021-22: $97.9MLevy limit 2022-23: $99.5MLevy limit 2023-24: $99.5MLevy limit 2024-25: $101MLevy limit 2025-26: $105MLevy limit 2026-27: $103M
Proposed budget per pupil (PTRC budget ÷ enrollment) Budget per pupil
$0k$11k$21k$32k$43k2021-222022-232023-242024-252025-262026-27Budget per pupil 2021-22: $34kBudget per pupil 2022-23: $36kBudget per pupil 2023-24: $39kBudget per pupil 2024-25: $40kBudget per pupil 2025-26: $41kBudget per pupil 2026-27: $43k
OSC FSMS fund balance ratio
FY20234.2%FY20244.1%FY20254.3%

Unassigned fund balance ÷ adjusted expenditures, as computed by OSC.

OSC FSMS fiscal stress score (higher = more stress)
FY201915 No DesignationFY202010 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 2019-06-30)$127,731,978$128,044,110$123,936,635$124,627,116$93,632,958$0$29,357,544$4,115,514$22,936,507afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-06-30)$129,348,126$126,289,294$125,712,583$122,940,904$96,046,525$0$29,157,216$3,561,538$38,892,557afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-06-30)$130,916,817$128,791,077$128,101,404$126,634,283$98,627,962$0$28,385,156$3,512,691$42,209,091afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-06-30)$140,038,009$140,234,533$129,577,852$126,587,144$98,631,596$0$30,370,291$10,285,470$35,889,900afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-06-30)$142,054,013$139,508,950$135,296,816$134,493,064$99,607,923$0$34,095,649$5,329,655$33,732,329afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-06-30)$150,416,351$143,524,618$143,716,128$137,976,012$101,465,037$0$40,564,093$5,598,586$30,649,244afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-06-30)$153,269,122$144,942,367$146,239,578$137,882,390$101,494,821$0$43,351,761$6,176,846$26,301,268afr-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$91,857,888$93,674,489$93,680,947$6,4582%No
2020$93,642,581$96,095,650$96,105,482$9,8322.6%No
2021$95,963,498$98,594,386$98,612,840$18,4542.7%No
2022$98,548,088$98,594,386$99,608,185$1,013,7990.1%No
2023$98,594,386$99,550,752$102,117,477$2,566,7251%No
2024$99,550,752$101,399,438$102,183,027$783,5891.9%No
2025$101,399,438$101,399,438$103,788,096$2,388,6580%No
2026$101,399,438$102,159,934$104,502,968$2,343,0340.8%No
2027$102,149,794$102,149,794$103,240,342$1,090,5480%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 Designation15No Designation20fsms-school-2019 ⓘ
2020No Designation10No Designation25fsms-school-2020 ⓘ
2022No Designation0No Designation25fsms-school-2022 ⓘ
2023No Designation0Susceptible Environmental Stress35fsms-school-2023 ⓘ
2024No Designation0Susceptible Environmental Stress30fsms-school-2024 ⓘ
2025No Designation0No Designation25fsms-school-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 4.2% ($5,637,988 of $134,493,064) fsms-ind1-school-2023 ⓘ · FY2024 4.1% ($5,669,554 of $137,976,012) fsms-ind1-school-2024 ⓘ · FY2025 4.3% ($5,889,443 of $137,882,420) fsms-ind1-school-2025 ⓘ

OSC has no school FSMS summary file for FY2021 online; that year is blank.

NYSED Property Tax Report Cards

School yearProposed budgetBudget changeProposed levyLevy changeLevy limit (excl. exemptions)Limit minus levyEnrollmentPer pupilUnrestricted FB % of budgetSource
2021-22$133,581,3662.3%$100,259,3661.7%$97,905,363$12,8393,876$34,4644%ptrc-2021-22 ⓘ
2022-23$134,774,1872.2%$99,550,7521%$99,513,104$2,566,7253,720$36,2304%ptrc-2022-23 ⓘ
2023-24$140,949,6984.6%$101,399,4381.9%$99,545,440$783,5893,618$38,9584%ptrc-2023-24 ⓘ
2024-25$141,773,9660.6%$101,399,4380%$101,376,612$2,388,6583,534$40,1174%ptrc-2024-25 ⓘ
2025-26$147,366,0963.9%$102,159,9340.8%$104,502,968$2,343,0343,636$40,5304%ptrc-2025-26 ⓘ
2026-27$152,751,5053.8%$102,047,644-0.1%$103,415,342$1,367,6983,591$42,5374%ptrc-2026-27 ⓘ

Figures are the district's proposed budget as reported on its Property Tax Report Card before the May vote. Per pupil = proposed budget ÷ PTRC enrollment (our calculation; NYSED Fiscal Profiles were not reachable from our servers, so audited per-pupil spending is not shown).

Budget votes (NYSED)

Share voting yes
2022-2353.5%2023-2451.5%2024-2558.6%2025-2653.7%2026-2762.3%

Majority approval is needed unless the levy exceeds the limit (60%).

School yearRoundYesNo% yesResultSource
2022-23Vote1,9101,65753.5%Passedvote-2022-23 ⓘ
2023-24Vote1,7291,62751.5%Passedvote-2023-24 ⓘ
2024-25Vote1,9001,34158.6%Passedvote-2024-25 ⓘ
2025-26Vote1,2901,11353.7%Passedvote-2025-26 ⓘ
2026-27Vote1,42786262.3%Passedvote-2026-27 ⓘ

OSC audits (1)

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

Profile data as JSON: /api/entity/putnam-county/carmel-csd.json