Town of Elba — Financial Data

2,164 Population FY 2024

$507 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$285 Part-Town Per Capita Spending Outside villages only FY 2024

14.9% Debt Service FY 2024

5.0 Fiscal Stress FY 2024

10.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Elba (pop. 558). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, economic development, employee benefits, general government, health, public safety, sanitation, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, employee benefits, general government, health, public safety, transportation).

Villages in Elba

Total village population: 558 (26% of town)

Village of Elba pop. 558

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

7.7% Poverty Rate 2023

24.2% Bachelor's+ Rate 2023

5.8% Unemployment Rate 2023

86.8% Homeownership Rate 2023

Median Household Income

$100,132 (2023)

2010 2023

Per Capita Income

$32,702 (2023)

2010 2023

Median Home Value

$140,100 (2023)

2010 2023

Median Gross Rent

$995 (2023)

2010 2023

Median Age

32.6 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.3 (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

$13,598,000 (2024)

2011 2024

Full Value of Taxable Property

$149,587,881 (2024)

2011 2024

Debt Service

$551,843 (2024)

1995 2024

Debt Service %

14.9% (2024)

1995 2024

Town-Wide Per Capita Spending

$507 (2024)

2010 2024

Part-Town Per Capita Spending

$285 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

5.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

10.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,720,284 (2024)

1995 2024

Sales And Use Tax

$702,368 (2024)

1995 2024

State Aid

$465,002 (2024)

1995 2024

Charges To Other Governments

$268,180 (2024)

1995 2024

Federal Aid

$247,009 (2024)

1997 2024

Top Expenditures

Transportation

$2,226,668 (2024)

1995 2024

General Government

$581,626 (2024)

1995 2024

Employee Benefits

$237,824 (2024)

1995 2024

Public Safety

$62,596 (2024)

1995 2024

Community Services

$36,654 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Elba OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Elba OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Elba FSMS Report 2024	FSMS_MONITORING
2023	Town of Elba Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Elba 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: 180325800000

School Details

Not applicable for this entity type.