Town of Cornwall — Financial Data

12,884 Population FY 2024

$345 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$629 Part-Town Per Capita Spending Outside villages only FY 2024

7.6% Debt Service FY 2024

6.7 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Cornwall-On-Hudson (pop. 3,075). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, economic development, education, employee benefits, general government, health, public safety, social services, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, culture and recreation, debt service, employee benefits, general government, public safety, transportation).

Villages in Cornwall

Total village population: 3,075 (24% of town)

Village of Cornwall-On-Hudson pop. 3,075

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

4.9% Poverty Rate 2023

53.5% Bachelor's+ Rate 2023

3.9% Unemployment Rate 2023

76.0% Homeownership Rate 2023

Median Household Income

$118,639 (2023)

2010 2023

Per Capita Income

$54,654 (2023)

2010 2023

Median Home Value

$416,500 (2023)

2010 2023

Median Gross Rent

$1,695 (2023)

2010 2023

Median Age

42.4 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2024

Fiscal Health

Debt Outstanding

$18,458,507 (2024)

2011 2024

Full Value of Taxable Property

$2,182,029,322 (2024)

2011 2024

Debt Service

$2,150,900 (2024)

1995 2024

Debt Service %

7.6% (2024)

1995 2024

Town-Wide Per Capita Spending

$345 (2024)

2010 2024

Part-Town Per Capita Spending

$629 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

6.7 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

0.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$15,819,298 (2024)

1995 2024

Sales And Use Tax

$4,098,524 (2024)

1995 2024

State Aid

$2,565,433 (2024)

1995 2024

Federal Aid

$1,162,612 (2024)

1995 2024

Use And Sale Of Property

$809,981 (2024)

1995 2024

Top Expenditures

Employee Benefits

$6,144,601 (2024)

1995 2024

Transportation

$5,882,358 (2024)

1995 2024

General Government

$4,787,418 (2024)

1995 2024

Public Safety

$4,670,764 (2024)

1995 2024

Sanitation

$3,346,410 (2024)

1997 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Cornwall OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Cornwall OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Cornwall FSMS Report 2024	FSMS_MONITORING
2023	Town of Cornwall Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Cornwall OSC Annual Financial Report 2023	OSC_TOWN_CSV_AFR

View all 84 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 330320200000

School Details

Not applicable for this entity type.