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 Nelsonville

Village · Putnam County · Mid-Hudson · OSC municipal code 370466003350

Population 635 (Census estimate 2025; 2020 base 625) popest-2025 ⓘ · Meeting coverage: documents

Flags

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 142.8% of gross expenditures (FY 2025); threshold > 50%.

Source: fsms-ind1-muni-2025 ⓘ

Levy above tax cap

OSC tax cap filings: proposed levy exceeded the computed levy limit for FY 2026 (by $7,567, override planned). Exceeding the limit requires a local law override (60% of the governing body).

Source: taxcap ⓘ

Compared with Mid-Hudson villages

IndicatorVillage of NelsonvillePeer medianPercentilePeersBasis
Operating spending per capita$975$1,9007th48AFR 2025, operating funds (our calc)
Property tax per capita$492$71822nd48AFR 2025 real property taxes (our calc)
Debt service % of operating spending0%8.2%3rd48AFR 2025 (our calc)
State aid % of operating revenue1%4.8%7th48AFR 2025 (our calc)
Sales tax % of operating revenue0%5.9%4th48AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)142.8%31.1%94th41OSC FSMS FY2025
Operating spending growth over 5 AFR years77.9%30.7%92nd46AFR 2021–2025 (our calc)
Levy growth14.9%15.1%48th472021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)03.315th34OSC 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$277k$555k$832k$1.1M2019202020212022202320242025Revenue 2019: $321kRevenue 2020: $371kRevenue 2021: $403kRevenue 2022: $347kRevenue 2023: $392kRevenue 2024: $503kRevenue 2025: $1.1MSpending 2019: $293kSpending 2020: $348kSpending 2021: $348kSpending 2022: $361kSpending 2023: $381kSpending 2024: $448kSpending 2025: $619k

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)
$-10k$115k$240k$365k$491k2019202020212022202320242025General fund result (incl. transfers) 2019: $28kGeneral fund result (incl. transfers) 2020: $23kGeneral fund result (incl. transfers) 2021: $36kGeneral fund result (incl. transfers) 2022: $-10kGeneral fund result (incl. transfers) 2023: $13kGeneral fund result (incl. transfers) 2024: $57kGeneral fund result (incl. transfers) 2025: $491k

OSC AFR, fund A, revenues and other sources minus expenditures and other uses (our calculation). Planned use of fund balance appears as a deficit.

Property tax levy (OSC tax tables) Total levy
$0k$82k$163k$245k$327k202120222023202420252026Total levy 2021: $284kTotal levy 2022: $284kTotal levy 2023: $291kTotal levy 2024: $300kTotal levy 2025: $311kTotal levy 2026: $327k

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

OSC FSMS fund balance ratio
FY202395.1%FY202488.0%FY2025142.8%

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 DesignationFY20223.3 No DesignationFY20233.3 No DesignationFY20243.3 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 2019-05-31)$320,501$292,704$320,501$292,704$276,148$0$12,210$0–afr-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-05-31)$370,876$347,823$370,876$347,823$286,214$0$8,637$0–afr-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-05-31)$403,267$348,067$384,485$348,067$285,059$0$53,410$0–afr-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-05-31)$346,801$360,594$346,801$356,368$286,210$0$17,678$0–afr-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-05-31)$392,497$381,161$392,497$379,085$293,561$0$17,313$0–afr-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-05-31)$503,454$447,780$503,454$446,396$302,481$0$20,868$0–afr-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-05-31)$1,109,321$619,301$1,109,321$618,801$312,629$0$10,822$0–afr-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$271,365$277,844$277,844$02.4%No
2020$277,844$284,393$284,393$02.4%No
2021$284,393$284,393$291,337$6,9440%No
2022$284,393$284,393$295,110$10,7170%No
2023$284,393$291,380$293,939$2,5592.5%No
2024$291,380$300,121$301,312$1,1913%No
2025$300,121$310,513$310,513$03.5%No
2026$310,513$326,697$319,130$-7,5675.2%Yes
2027$326,697$336,963$336,963$03.1%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 Designation6.7fsms-muni-2019 ⓘ
2020No Designation0No Designation3.3fsms-muni-2020 ⓘ
2021No Designation0No Designation3.3fsms-muni-2021 ⓘ
2022No Designation3.3No Designation0fsms-muni-2022 ⓘ
2023No Designation3.3No Designation0fsms-muni-2023 ⓘ
2024No Designation3.3No Designation3.3fsms-muni-2024 ⓘ
2025No Designation0No Designation6.7fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 95.1% ($360,630 of $379,085) fsms-ind1-muni-2023 ⓘ · FY2024 88% ($392,882 of $446,396) fsms-ind1-muni-2024 ⓘ · FY2025 142.8% ($883,553 of $618,801) fsms-ind1-muni-2025 ⓘ

OSC audits (1)

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

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