Town of Covert — Financial Data

2,163 Population FY 2024

$489 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$388 Part-Town Per Capita Spending Outside villages only FY 2024

0.0% Debt Service FY 2024

44.2 Fiscal Stress FY 2024

26.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Interlaken (pop. 595). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, employee benefits, general government, public safety, transportation, utilities). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: employee benefits, general government, public safety, transportation).

Villages in Covert

Total village population: 595 (28% of town)

Village of Interlaken pop. 595

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

8.0% Poverty Rate 2023

39.5% Bachelor's+ Rate 2023

2.5% Unemployment Rate 2023

85.2% Homeownership Rate 2023

Median Household Income

$65,714 (2023)

2010 2023

Per Capita Income

$38,569 (2023)

2010 2023

Median Home Value

$227,400 (2023)

2010 2023

Median Gross Rent

$1,150 (2023)

2010 2023

Median Age

50.9 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$354,075,849 (2024)

2011 2024

Debt Service

$0 (2024)

1997 2024

Debt Service %

0.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$489 (2024)

2010 2024

Part-Town Per Capita Spending

$388 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

44.2 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

26.7 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,877,204 (2024)

1995 2024

State Aid

$568,514 (2024)

1995 2024

Charges For Services

$175,311 (2024)

1995 2024

Other Real Property Tax Items

$114,904 (2024)

1995 2024

Other Local Revenues

$87,518 (2024)

1995 2024

Top Expenditures

Transportation

$1,769,877 (2024)

1995 2024

Public Safety

$770,727 (2024)

1995 2024

General Government

$491,331 (2024)

1995 2024

Employee Benefits

$423,498 (2024)

1995 2024

Culture And Recreation

$18,269 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Covert OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Covert OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Covert FSMS Report 2024	FSMS_MONITORING
2023	Town of Covert Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Covert 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: 450320600000

School Details

Not applicable for this entity type.