Civic Finance

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

Capital Region › Towns › Overlapping entities

Town of Pittstown

Town · Rensselaer County · Capital Region · OSC municipal code 380367000000

Population 5,472 (Census estimate 2025; 2020 base 5,528) popest-2025 ⓘ · Meeting coverage: documents

Flags

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 83.4% 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 2025 (by $33,310, override planned). Exceeding the limit requires a local law override (60% of the governing body).

Source: taxcap ⓘ

Compared with Capital Region towns

IndicatorTown of PittstownPeer medianPercentilePeersBasis
Operating spending per capita$821$91340th101AFR 2025, operating funds (our calc)
Property tax per capita$529$40975th101AFR 2025 real property taxes (our calc)
Debt service % of operating spending0%2.4%16th101AFR 2025 (our calc)
State aid % of operating revenue17.5%12.6%72nd101AFR 2025 (our calc)
Sales tax % of operating revenue15.7%22.6%39th101AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)83.4%48.1%74th96OSC FSMS FY2025
Operating spending growth over 5 AFR years33.8%26.7%64th100AFR 2021–2025 (our calc)
Levy growth14.4%13.2%57th1012021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)03.314th88OSC 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$1.2M$2.4M$3.5M$4.7M2019202020212022202320242025Revenue 2019: $3.7MRevenue 2020: $3.5MRevenue 2021: $4.3MRevenue 2022: $4.3MRevenue 2023: $4.3MRevenue 2024: $4.7MRevenue 2025: $4.6MSpending 2019: $3.7MSpending 2020: $3.2MSpending 2021: $3.4MSpending 2022: $4.1MSpending 2023: $3.9MSpending 2024: $4.1MSpending 2025: $4.5M

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)
$-38k$41k$120k$199k$279k2019202020212022202320242025General fund result (incl. transfers) 2019: $76kGeneral fund result (incl. transfers) 2020: $-17kGeneral fund result (incl. transfers) 2021: $279kGeneral fund result (incl. transfers) 2022: $180kGeneral fund result (incl. transfers) 2023: $-30kGeneral fund result (incl. transfers) 2024: $65kGeneral fund result (incl. transfers) 2025: $-38k

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$74k$147k$221k$294k2019202020212022202320242025Debt outstanding 2019: $294kDebt outstanding 2020: $198kDebt outstanding 2021: $102kDebt outstanding 2022: $6kDebt service 2019: $111kDebt service 2020: $103kDebt service 2021: $100kDebt service 2022: $97kDebt service 2023: $0kDebt service 2024: $0kDebt service 2025: $0k

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

Property tax levy (OSC tax tables) Total levy
$0k$739k$1.5M$2.2M$3.0M202120222023202420252026Total levy 2021: $2.6MTotal levy 2022: $2.7MTotal levy 2023: $2.7MTotal levy 2024: $2.8MTotal levy 2025: $2.9MTotal levy 2026: $3.0M

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

OSC FSMS fund balance ratio
FY202399.8%FY202485.5%FY202583.4%

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 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 2019-12-31)$3,737,574$3,721,144$674,854$599,240$2,500,890$485,269$532,632$110,571$294,000afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$3,459,273$3,174,994$663,045$679,916$2,555,406$478,275$330,957$102,644$198,000afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$4,315,892$3,359,017$925,674$647,153$2,588,475$548,770$826,920$99,975$102,000afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$4,319,529$4,114,465$925,773$745,863$2,662,164$620,442$710,527$97,305$6,000afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$4,275,292$3,915,112$705,934$735,639$2,722,276$676,749$749,909$0–afr-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$4,704,529$4,064,275$770,054$704,762$2,814,998$703,493$979,300$0–afr-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-12-31)$4,551,227$4,493,581$750,748$789,095$2,894,524$712,481$795,275$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$2,379,022$2,427,332$2,449,898$22,5662%No
2020$2,427,332$2,483,798$2,483,801$32.3%No
2021$2,483,798$2,516,399$2,536,419$20,0201.3%No
2022$2,516,399$2,582,372$2,602,404$20,0322.6%No
2023$2,582,372$2,652,775$2,670,909$18,1342.7%No
2024$2,715,910$2,795,030$2,795,031$12.9%No
2025$2,795,030$2,861,359$2,828,049$-33,3102.4%Yes
2026$2,861,359$2,954,994$2,956,528$1,5343.3%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 Designation26.7fsms-muni-2020 ⓘ
2021No Designation0No Designation16.7fsms-muni-2021 ⓘ
2022No Designation0No Designation23.3fsms-muni-2022 ⓘ
2023No Designation0No Designation20fsms-muni-2023 ⓘ
2024No Designation0No Designation20fsms-muni-2024 ⓘ
2025No Designation0No Designation10fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 99.8% ($1,633,181 of $1,636,734) fsms-ind1-muni-2023 ⓘ · FY2024 85.5% ($1,724,879 of $2,017,547) fsms-ind1-muni-2024 ⓘ · FY2025 83.4% ($1,679,628 of $2,015,165) fsms-ind1-muni-2025 ⓘ

OSC audits (1)

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

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