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 Victory

Village · Saratoga County · Capital Region · OSC municipal code 410474705070

Population 676 (Census estimate 2025; 2020 base 679) popest-2025 ⓘ · Meeting coverage: documents

Flags

Recurring deficits our calculation

General fund spending (incl. transfers out) exceeded revenues (incl. transfers in) in 2023, 2024, 2025, and operating funds overall spent more than they took in in 2023, 2024, 2025 (last 3 AFR years). Planned use of fund balance can cause this; check the adopted budgets.

Source: afr-2023 ⓘ · afr-2024 ⓘ · afr-2025 ⓘ

Late AFR (FSMS not filed)

OSC FSMS lists this entity as "Not filed" for FY 2023, 2024: its Annual Financial Report was not filed in time to be scored. This is filing status, not a stress designation.

Source: fsms-muni-2023 ⓘ · fsms-muni-2024 ⓘ

Compared with Capital Region villages

IndicatorVillage of VictoryPeer medianPercentilePeersBasis
Operating spending per capita$1,073$1,29541st47AFR 2025, operating funds (our calc)
Property tax per capita$389$38056th47AFR 2025 real property taxes (our calc)
Debt per capita$378$1,15320th42AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending2.9%6.5%27th48AFR 2025 (our calc)
State aid % of operating revenue8.3%5.9%82nd48AFR 2025 (our calc)
Sales tax % of operating revenue16.2%14%64th48AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)19.7%42.4%27th42OSC FSMS FY2025
Operating spending growth over 5 AFR years50.2%20.8%79th46AFR 2021–2025 (our calc)
Levy growth25.4%10.7%86th462021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)104.278th36OSC 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$184k$369k$553k$738k2019202020212022202320242025Revenue 2019: $565kRevenue 2020: $599kRevenue 2021: $576kRevenue 2022: $601kRevenue 2023: $602kRevenue 2024: $675kRevenue 2025: $656kSpending 2019: $715kSpending 2020: $616kSpending 2021: $483kSpending 2022: $584kSpending 2023: $609kSpending 2024: $738kSpending 2025: $725k

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)
$-97k$-54k$-11k$33k$76k2019202020212022202320242025General fund result (incl. transfers) 2019: $-72kGeneral fund result (incl. transfers) 2020: $-25kGeneral fund result (incl. transfers) 2021: $76kGeneral fund result (incl. transfers) 2022: $-8kGeneral fund result (incl. transfers) 2023: $-20kGeneral fund result (incl. transfers) 2024: $-97kGeneral fund result (incl. transfers) 2025: $-92k

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$96k$191k$287k$383k2019202020212022202320242025Debt outstanding 2019: $383kDebt outstanding 2020: $362kDebt outstanding 2021: $340kDebt outstanding 2022: $319kDebt outstanding 2023: $298kDebt outstanding 2024: $277kDebt outstanding 2025: $255kDebt service 2019: $176kDebt service 2020: $21kDebt service 2021: $21kDebt service 2022: $21kDebt service 2023: $21kDebt service 2024: $21kDebt service 2025: $21k

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

Property tax levy (OSC tax tables) Total levy
$0k$68k$135k$203k$270k202120222023202420252026Total levy 2021: $216kTotal levy 2022: $219kTotal levy 2023: $233kTotal levy 2024: $243kTotal levy 2025: $261kTotal levy 2026: $270k

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

OSC FSMS fund balance ratio
FY202519.7%

Assigned + unassigned general fund balance ÷ gross expenditures, as computed by OSC.

OSC FSMS fiscal stress score (higher = more stress)
FY20190 Not filedFY20200 Not filedFY20210 Not filedFY20220 Not filedFY20230 Not filedFY20240 Not filedFY202510 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)$564,964$714,688$462,793$534,415$200,055$84,127$73,503$175,865$382,972afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-05-31)$598,659$615,922$491,652$516,237$211,245$81,537$75,029$21,276$361,696afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-05-31)$576,414$483,029$457,714$381,939$218,801$84,720$71,483$21,276$340,420afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-05-31)$600,880$583,894$487,565$495,365$221,114$108,934$52,304$21,276$319,156afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-05-31)$602,205$608,888$496,591$516,762$219,632$98,080$98,432$21,276$297,880afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-05-31)$675,186$737,919$556,244$653,154$247,887$118,131$11,605$21,276$276,604afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-05-31)$656,309$725,484$540,113$632,296$263,276$106,300$54,722$21,276$255,327afr-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$185,508$198,706$189,483$-9,2237.1%Yes
2020$198,710$208,835$207,812$-1,0235.1%Yes
2021$208,835$215,713$219,907$4,1943.3%No
2022$215,713$218,891$228,263$9,3721.5%No
2023$218,900$232,555$229,917$-2,6386.2%Yes
2024$232,620$243,394$249,278$5,8844.6%Yes
2025$243,417$261,224$261,604$3807.3%No
2026$261,224$270,434$276,597$6,1633.5%No
2027$270,434$263,719$286,419$22,700-2.5%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
2019Not filed–––fsms-muni-2019 ⓘ
2020Not filed–––fsms-muni-2020 ⓘ
2021Not filed–––fsms-muni-2021 ⓘ
2022Not filed–––fsms-muni-2022 ⓘ
2023Not filed–––fsms-muni-2023 ⓘ
2024Not filed–––fsms-muni-2024 ⓘ
2025No Designation10No Designation13.3fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2025 19.7% ($124,633 of $632,296) fsms-ind1-muni-2025 ⓘ

OSC audits (2)

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

Profile data as JSON: /api/entity/saratoga-county/victory.json