Civic Finance

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

Capital Region › Villages › Overlapping entities

Village of Hoosick Falls

Village · Rensselaer County · Capital Region · OSC municipal code 380439802380

Population 3,171 (Census estimate 2025; 2020 base 3,203) popest-2025 ⓘ · Meeting coverage: documents

Flags

Recurring deficits our calculation

General fund spending (incl. transfers out) exceeded revenues (incl. transfers in) in 2022, 2024, and operating funds overall spent more than they took in in 2022, 2024 (last 3 AFR years). Planned use of fund balance can cause this; check the adopted budgets.

Source: afr-2022 ⓘ · afr-2024 ⓘ

AFR not filed in time for FSMS score

Listed on OSC's FSMS 2025 not-filed (municipalities); last filed in time for a score: 2020. This is filing status, not a stress designation.

Source: fsms-notfiled-muni-2025 ⓘ

Compared with Capital Region villages

IndicatorVillage of Hoosick FallsPeer medianPercentilePeersBasis
Operating spending per capita$1,295$1,29550th47AFR 2024, operating funds (our calc)
Property tax per capita$376$38048th47AFR 2024 real property taxes (our calc)
Debt per capita$4,723$1,15385th42AFR 2024 debt detail, year-end outstanding
Debt service % of operating spending19.3%6.5%89th48AFR 2024 (our calc)
State aid % of operating revenue7.6%5.9%71st48AFR 2024 (our calc)
Sales tax % of operating revenue6.6%14%28th48AFR 2024 (our calc)
Operating spending growth over 5 AFR years-5.9%20.8%14th46AFR 2020–2024 (our calc)
Levy growth10.3%10.7%47th462021–2026 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$1.3M$2.6M$3.8M$5.1M201920202021202220232024Revenue 2019: $3.5MRevenue 2020: $4.0MRevenue 2021: $3.7MRevenue 2022: $4.3MRevenue 2023: $4.6MRevenue 2024: $3.9MSpending 2019: $3.7MSpending 2020: $4.4MSpending 2021: $3.8MSpending 2022: $5.1MSpending 2023: $4.4MSpending 2024: $4.1M

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)
$-191k$-130k$-69k$-8k$53k201920202021202220232024General fund result (incl. transfers) 2019: $-10kGeneral fund result (incl. transfers) 2020: $-157kGeneral fund result (incl. transfers) 2021: $-45kGeneral fund result (incl. transfers) 2022: $-50kGeneral fund result (incl. transfers) 2023: $53kGeneral fund result (incl. transfers) 2024: $-191k

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$4.1M$8.1M$12.2M$16.2M201920202021202220232024Debt outstanding 2019: $13.3MDebt outstanding 2020: $16.2MDebt outstanding 2021: $16.0MDebt outstanding 2022: $15.7MDebt outstanding 2023: $15.3MDebt outstanding 2024: $15.0MDebt service 2019: $542kDebt service 2020: $563kDebt service 2021: $605kDebt service 2022: $717kDebt service 2023: $752kDebt service 2024: $793k

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

Property tax levy (OSC tax tables) Total levy
$0k$300k$600k$900k$1.2M202120222023202420252026Total levy 2021: $1.1MTotal levy 2022: $1.1MTotal levy 2023: $1.1MTotal levy 2024: $1.1MTotal levy 2025: $1.2MTotal levy 2026: $1.2M

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

OSC FSMS fiscal stress score (higher = more stress)
FY201915 No DesignationFY202043.8 No DesignationFY20210 Not filedFY20220 Not filedFY20230 Not filedFY20240 Not filedFY20250 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 2019-05-31)$3,549,140$3,720,345$2,001,858$2,012,127$1,097,400$214,745$339,700$541,644$13,288,518afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-05-31)$4,018,070$4,363,654$1,851,744$2,008,843$1,094,408$214,945$679,476$563,389$16,209,571afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-05-31)$3,664,556$3,771,037$1,959,864$2,005,022$1,130,615$231,462$300,318$605,367$15,978,691afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-05-31)$4,339,626$5,103,196$2,027,205$2,077,077$1,142,038$254,377$965,926$717,006$15,705,020afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-05-31)$4,619,932$4,357,976$2,358,618$2,305,544$1,174,462$264,403$910,995$752,224$15,339,799afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-05-31)$3,928,761$4,107,780$2,214,106$2,405,530$1,191,754$260,294$300,047$793,452$14,975,169afr-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$1,033,306$1,054,000$1,056,208$2,2082%No
2020$1,054,000$1,054,000$1,077,527$23,5270%No
2021$1,054,000$1,088,069$1,088,069$03.2%No
2022$1,088,069$1,104,578$1,104,578$01.5%No
2023$1,104,578$1,124,761$1,124,761$01.8%No
2024$1,124,761$1,147,939$1,147,939$02.1%No
2025$1,147,939$1,178,422$1,178,422$02.7%No
2026$1,178,422$1,199,929$1,199,929$01.8%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 Designation23.3fsms-muni-2019 ⓘ
2020No Designation43.8No Designation26.7fsms-muni-2020 ⓘ
2021Not filed–––fsms-muni-2021 ⓘ
2022Not filed–––fsms-muni-2022 ⓘ
2023Not filed–––fsms-muni-2023 ⓘ
2024Not filed–––fsms-muni-2024 ⓘ
2025Not Filed–––fsms-muni-2025 ⓘ
Filing status

Listed on OSC's FSMS 2025 not-filed (municipalities). Last filed in time for a score: 2020. fsms-notfiled-muni-2025 ⓘ

OSC audits (2)

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

Profile data as JSON: /api/entity/rensselaer-county/hoosick-falls.json