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 Southeast

Town · Putnam County · Mid-Hudson · OSC municipal code 370378900000

Population 18,379 (Census estimate 2025; 2020 base 18,026) popest-2025 ⓘ · Meeting coverage: documents

Flags

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 114.9% of gross expenditures (FY 2025); threshold > 50%.

Source: fsms-ind1-muni-2025 ⓘ

Compared with Mid-Hudson towns

IndicatorTown of SoutheastPeer medianPercentilePeersBasis
Operating spending per capita$1,116$1,10653rd114AFR 2025, operating funds (our calc)
Property tax per capita$432$57936th114AFR 2025 real property taxes (our calc)
Debt per capita$418$41553rd97AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending4.3%3.9%57th114AFR 2025 (our calc)
State aid % of operating revenue9.6%10.6%45th114AFR 2025 (our calc)
Sales tax % of operating revenue0%7.1%16th114AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)114.9%40.1%92nd104OSC FSMS FY2025
Operating spending growth over 5 AFR years39.3%27.3%80th111AFR 2021–2025 (our calc)
Levy growth14.8%14.4%53rd1142021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)3.33.343rd97OSC 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$5.2M$10.4M$15.5M$20.7M2019202020212022202320242025Revenue 2019: $15.2MRevenue 2020: $15.2MRevenue 2021: $17.2MRevenue 2022: $18.7MRevenue 2023: $17.6MRevenue 2024: $19.7MRevenue 2025: $20.7MSpending 2019: $13.9MSpending 2020: $14.2MSpending 2021: $14.7MSpending 2022: $15.2MSpending 2023: $15.8MSpending 2024: $19.3MSpending 2025: $20.5M

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)
$0k$645k$1.3M$1.9M$2.6M2019202020212022202320242025General fund result (incl. transfers) 2019: $361kGeneral fund result (incl. transfers) 2020: $964kGeneral fund result (incl. transfers) 2021: $1.5MGeneral fund result (incl. transfers) 2022: $2.6MGeneral fund result (incl. transfers) 2023: $740kGeneral fund result (incl. transfers) 2024: $1.1MGeneral fund result (incl. transfers) 2025: $706k

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$2.9M$5.8M$8.8M$11.7M2019202020212022202320242025Debt outstanding 2019: $11.7MDebt outstanding 2020: $11.0MDebt outstanding 2021: $10.4MDebt outstanding 2022: $9.7MDebt outstanding 2023: $9.0MDebt outstanding 2024: $8.4MDebt outstanding 2025: $7.7MDebt service 2019: $1.1MDebt service 2020: $1.0MDebt service 2021: $949kDebt service 2022: $950kDebt service 2023: $939kDebt service 2024: $2.0MDebt service 2025: $875k

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

Property tax levy (OSC tax tables) Total levy
$0k$2.5M$5.0M$7.5M$10.1M202120222023202420252026Total levy 2021: $8.8MTotal levy 2022: $8.7MTotal levy 2023: $9.0MTotal levy 2024: $9.3MTotal levy 2025: $9.7MTotal levy 2026: $10.1M

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

OSC FSMS fund balance ratio
FY2023178.0%FY2024150.8%FY2025114.9%

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 DesignationFY20240 No DesignationFY20253.3 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)$15,208,404$13,941,904$5,183,452$4,822,363$6,841,704$0$1,564,337$1,051,040$11,691,000afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$15,200,701$14,153,171$5,529,103$4,564,613$7,142,695$0$1,495,490$1,008,850$11,010,000afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$17,161,916$14,720,720$6,766,582$5,234,745$7,331,650$0$2,009,028$949,015$10,370,000afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$18,665,239$15,160,022$7,614,716$5,033,469$7,356,381$0$3,116,364$949,773$9,710,000afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$17,601,745$15,806,070$5,799,596$5,059,769$7,629,604$0$1,586,085$939,398$9,035,000afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$19,729,191$19,308,384$7,192,133$6,047,143$7,770,565$0$2,093,771$2,001,129$8,355,000afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-12-31)$20,721,350$20,507,841$8,107,705$7,401,957$7,946,908$0$1,985,446$875,467$7,685,000afr-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$6,256,258$6,382,267$6,382,267$02%No
2020$6,382,267$6,626,441$6,626,441$03.8%No
2021$6,626,441$6,764,222$6,764,222$02.1%No
2022$6,764,222$6,683,328$6,858,945$175,617-1.2%No
2023$6,683,328$6,952,898$6,952,898$04%No
2024$6,952,898$7,087,005$7,126,828$39,8231.9%No
2025$7,087,005$7,226,990$7,283,064$56,0742%No
2026$7,226,990$7,486,615$7,533,037$46,4223.6%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 Designation16.7fsms-muni-2021 ⓘ
2022No Designation0No Designation16.7fsms-muni-2022 ⓘ
2023No Designation0No Designation3.3fsms-muni-2023 ⓘ
2024No Designation0No Designation6.7fsms-muni-2024 ⓘ
2025No Designation3.3No Designation0fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 178% ($11,555,223 of $6,493,081) fsms-ind1-muni-2023 ⓘ · FY2024 150.8% ($12,277,192 of $8,143,441) fsms-ind1-muni-2024 ⓘ · FY2025 114.9% ($11,933,350 of $10,385,529) fsms-ind1-muni-2025 ⓘ

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

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/putnam-county/southeast.json