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 Broome

Town · Schoharie County · Capital Region · OSC municipal code 430309700000

Population 865 (Census estimate 2025; 2020 base 864) popest-2025 ⓘ · Meeting coverage: documents

Flags

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 93.2% of gross expenditures (FY 2025); threshold > 50%.

Source: fsms-ind1-muni-2025 ⓘ

Compared with Capital Region towns

IndicatorTown of BroomePeer medianPercentilePeersBasis
Operating spending per capita$1,467$91379th101AFR 2025, operating funds (our calc)
Property tax per capita$977$40993rd101AFR 2025 real property taxes (our calc)
Debt per capita$81$31621st73AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending3.1%2.4%61st101AFR 2025 (our calc)
State aid % of operating revenue26%12.6%89th101AFR 2025 (our calc)
Sales tax % of operating revenue4.2%22.6%6th101AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)93.2%48.1%81st96OSC FSMS FY2025
Operating spending growth over 5 AFR years16.4%26.7%25th100AFR 2021–2025 (our calc)
Levy growth14.5%13.2%60th1012021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)3.33.345th88OSC 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$406k$812k$1.2M$1.6M2019202020212022202320242025Revenue 2019: $1.2MRevenue 2020: $848kRevenue 2021: $1.3MRevenue 2022: $1.3MRevenue 2023: $1.2MRevenue 2024: $1.6MRevenue 2025: $1.4MSpending 2019: $989kSpending 2020: $1.0MSpending 2021: $1.1MSpending 2022: $1.2MSpending 2023: $1.2MSpending 2024: $1.4MSpending 2025: $1.3M

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$16k$32k$48k$64k2019202020212022202320242025General fund result (incl. transfers) 2019: $31kGeneral fund result (incl. transfers) 2020: $57kGeneral fund result (incl. transfers) 2021: $46kGeneral fund result (incl. transfers) 2022: $16kGeneral fund result (incl. transfers) 2023: $43kGeneral fund result (incl. transfers) 2024: $64kGeneral fund result (incl. transfers) 2025: $14k

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$45k$91k$136k$181k2019202020212022202320242025Debt outstanding 2019: $181kDebt outstanding 2020: $65kDebt outstanding 2021: $0kDebt outstanding 2022: $110kDebt outstanding 2023: $0kDebt outstanding 2024: $105kDebt outstanding 2025: $70kDebt service 2019: $6kDebt service 2020: $119kDebt service 2021: $66kDebt service 2022: $0kDebt service 2023: $114kDebt service 2024: $0kDebt service 2025: $39k

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

Property tax levy (OSC tax tables) Total levy
$0k$215k$430k$646k$861k202120222023202420252026Total levy 2021: $752kTotal levy 2022: $772kTotal levy 2023: $796kTotal levy 2024: $822kTotal levy 2025: $839kTotal levy 2026: $861k

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

OSC FSMS fund balance ratio
FY202368.8%FY202480.0%FY202593.2%

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

OSC FSMS fiscal stress score (higher = more stress)
FY20190 No DesignationFY20203.3 No DesignationFY20213.3 No DesignationFY20223.3 No DesignationFY20233.3 No DesignationFY20243.3 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)$1,225,780$988,649$232,944$202,235$718,772$26,507$418,826$6,354$181,000afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-12-31)$847,991$1,004,823$245,401$188,812$732,062$27,172$11,237$118,827$65,000afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-12-31)$1,298,150$1,089,638$248,959$203,145$757,789$30,249$447,302$65,618$0afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-12-31)$1,328,678$1,219,924$328,724$312,663$776,310$33,223$359,497$0$110,000afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-12-31)$1,178,749$1,179,926$255,971$213,452$801,487$52,746$235,815$114,125$0afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-12-31)$1,623,645$1,361,299$304,635$241,039$826,475$59,412$503,230$0$105,000afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-12-31)$1,358,809$1,268,572$258,982$245,311$844,916$57,589$352,891$39,200$70,000afr-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$703,097$713,033$731,177$18,1441.4%No
2020$713,033$727,912$742,989$15,0772.1%No
2021$727,912$751,985$756,031$4,0463.3%No
2022$751,985$771,707$774,139$2,4322.6%No
2023$771,707$796,304$796,343$393.2%No
2024$796,304$821,952$822,678$7263.2%No
2025$821,952$839,258$840,370$1,1122.1%No
2026$839,258$860,864$861,007$1432.6%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 Designation0Susceptible Environmental Stress30fsms-muni-2019 ⓘ
2020No Designation3.3No Designation6.7fsms-muni-2020 ⓘ
2021No Designation3.3Susceptible Environmental Stress36.7fsms-muni-2021 ⓘ
2022No Designation3.3Moderate Environmental Stress43.3fsms-muni-2022 ⓘ
2023No Designation3.3Susceptible Environmental Stress36.7fsms-muni-2023 ⓘ
2024No Designation3.3Susceptible Environmental Stress30fsms-muni-2024 ⓘ
2025No Designation3.3No Designation16.7fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 68.8% ($738,909 of $1,073,857) fsms-ind1-muni-2023 ⓘ · FY2024 80% ($1,000,415 of $1,251,335) fsms-ind1-muni-2024 ⓘ · FY2025 93.2% ($1,077,377 of $1,156,350) fsms-ind1-muni-2025 ⓘ

OSC audits (1)

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

Profile data as JSON: /api/entity/schoharie-county/broome.json