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 Richmondville

Village · Schoharie County · Capital Region · OSC municipal code 430471204220

Population 873 (Census estimate 2025; 2020 base 878) 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 ⓘ

High fund balance

OSC FSMS: assigned + unassigned general fund balance was 67.7% of gross expenditures (FY 2025); threshold > 50%.

Source: fsms-ind1-muni-2025 ⓘ

Compared with Capital Region villages

IndicatorVillage of RichmondvillePeer medianPercentilePeersBasis
Operating spending per capita$3,346$1,29595th47AFR 2025, operating funds (our calc)
Property tax per capita$271$38024th47AFR 2025 real property taxes (our calc)
Debt per capita$808$1,15344th42AFR 2025 debt detail, year-end outstanding
Debt service % of operating spending2.6%6.5%24th48AFR 2025 (our calc)
State aid % of operating revenue0.5%5.9%1st48AFR 2025 (our calc)
Sales tax % of operating revenue1.4%14%3rd48AFR 2025 (our calc)
Fund balance ratio (OSC FSMS)67.7%42.4%68th42OSC FSMS FY2025
Operating spending growth over 5 AFR years25.6%20.8%58th46AFR 2021–2025 (our calc)
Levy growth16.7%10.7%68th462021–2026 OSC tax tables
FSMS fiscal stress score (higher = more stress)3.34.239th36OSC 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$730k$1.5M$2.2M$2.9M2019202020212022202320242025Revenue 2019: $2.4MRevenue 2020: $2.6MRevenue 2021: $2.4MRevenue 2022: $2.5MRevenue 2023: $2.5MRevenue 2024: $2.5MRevenue 2025: $2.8MSpending 2019: $2.4MSpending 2020: $2.4MSpending 2021: $2.3MSpending 2022: $2.6MSpending 2023: $2.6MSpending 2024: $2.7MSpending 2025: $2.9M

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)
$-28k$0k$29k$57k$85k2019202020212022202320242025General fund result (incl. transfers) 2019: $85kGeneral fund result (incl. transfers) 2020: $58kGeneral fund result (incl. transfers) 2021: $51kGeneral fund result (incl. transfers) 2022: $13kGeneral fund result (incl. transfers) 2023: $-20kGeneral fund result (incl. transfers) 2024: $-3kGeneral fund result (incl. transfers) 2025: $-28k

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$275k$550k$826k$1.1M2019202020212022202320242025Debt outstanding 2019: $867kDebt outstanding 2020: $1.1MDebt outstanding 2021: $1.0MDebt outstanding 2022: $927kDebt outstanding 2023: $828kDebt outstanding 2024: $795kDebt outstanding 2025: $705kDebt service 2019: $100kDebt service 2020: $99kDebt service 2021: $111kDebt service 2022: $101kDebt service 2023: $94kDebt service 2024: $74kDebt service 2025: $75k

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

Property tax levy (OSC tax tables) Total levy
$0k$59k$118k$178k$237k202120222023202420252026Total levy 2021: $203kTotal levy 2022: $206kTotal levy 2023: $218kTotal levy 2024: $226kTotal levy 2025: $231kTotal levy 2026: $237k

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

OSC FSMS fund balance ratio
FY202377.6%FY202481.7%FY202567.7%

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

OSC FSMS fiscal stress score (higher = more stress)
FY20193.3 No DesignationFY20203.3 No DesignationFY20210 No DesignationFY20220 Not filedFY20233.3 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 2019-05-31)$2,379,176$2,384,826$598,821$513,605$226,403$10,919$77,599$100,151$867,387afr-2019 ⓘ · debt-2019 ⓘ
OSC snapshot 2026-09-30
2020 (FYE 2020-05-31)$2,552,753$2,419,707$615,649$557,210$224,565$11,258$82,485$98,717$1,100,898afr-2020 ⓘ · debt-2020 ⓘ
OSC snapshot 2026-09-30
2021 (FYE 2021-05-31)$2,353,057$2,325,775$485,870$434,798$223,589$8,849$23,726$111,083$1,030,577afr-2021 ⓘ · debt-2021 ⓘ
OSC snapshot 2026-09-30
2022 (FYE 2022-05-31)$2,501,613$2,557,566$489,504$476,147$226,316$16,319$46,975$101,421$926,928afr-2022 ⓘ · debt-2022 ⓘ
OSC snapshot 2026-09-30
2023 (FYE 2023-05-31)$2,495,639$2,628,736$514,844$534,383$228,075$19,091$54,393$93,774$827,704afr-2023 ⓘ · debt-2023 ⓘ
OSC snapshot 2026-09-30
2024 (FYE 2024-05-31)$2,524,197$2,704,932$543,379$546,773$245,106$37,921$19,087$73,518$794,835afr-2024 ⓘ · debt-2024 ⓘ
OSC snapshot 2026-09-30
2025 (FYE 2025-05-31)$2,803,510$2,920,771$514,403$542,607$236,642$38,071$13,418$75,378$705,084afr-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$194,179$196,738$197,718$01.3%No
2020$196,735$202,512$202,513$12.9%No
2021$202,512$209,298$209,298$03.4%No
2022$202,985$0$211,107$211,107-100%No
2023$205,711$218,093$219,245$1,1526%No
2024$218,093$226,348$226,867$5193.8%No
2025$226,348$230,978$230,978$02.1%No
2026$230,978$236,812$236,829$172.5%No
2027$236,812$242,432$242,432$02.4%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 Designation3.3Susceptible Environmental Stress33.3fsms-muni-2019 ⓘ
2020No Designation3.3No Designation26.7fsms-muni-2020 ⓘ
2021No Designation0No Designation16.7fsms-muni-2021 ⓘ
2022Not filed–––fsms-muni-2022 ⓘ
2023No Designation3.3No Designation16.7fsms-muni-2023 ⓘ
2024No Designation3.3No Designation20fsms-muni-2024 ⓘ
2025No Designation3.3No Designation23.3fsms-muni-2025 ⓘ

FSMS fund balance (Indicator 1): FY2023 77.6% ($414,592 of $534,383) fsms-ind1-muni-2023 ⓘ · FY2024 81.7% ($446,520 of $546,773) fsms-ind1-muni-2024 ⓘ · FY2025 67.7% ($367,086 of $542,607) 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/village-richmondville.json