Town of Gaines — Financial Data

3,226 Population FY 2024

$247 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$62 Part-Town Per Capita Spending Outside villages only FY 2024

2.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

3.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

16.8% Poverty Rate 2023

13.5% Bachelor's+ Rate 2023

6.6% Unemployment Rate 2023

76.8% Homeownership Rate 2023

Median Household Income

$53,362 (2023)

2010 2023

Per Capita Income

$32,173 (2023)

2010 2023

Median Home Value

$111,600 (2023)

2010 2023

Median Gross Rent

$917 (2023)

2010 2023

Median Age

49.4 (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

$547,633 (2024)

2011 2024

Full Value of Taxable Property

$182,636,797 (2024)

2011 2024

Debt Service

$47,671 (2024)

1995 2024

Debt Service %

2.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$247 (2024)

2010 2024

Part-Town Per Capita Spending

$62 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

3.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,268,442 (2024)

1995 2024

State Aid

$479,357 (2024)

1995 2024

Charges For Services

$443,690 (2024)

1995 2024

Charges To Other Governments

$288,114 (2024)

1995 2024

Sales And Use Tax

$150,000 (2024)

1995 2024

Top Expenditures

Transportation

$964,635 (2024)

1995 2024

General Government

$535,780 (2024)

1995 2024

Employee Benefits

$477,388 (2024)

1995 2024

Utilities

$395,438 (2024)

1997 2024

Public Safety

$10,000 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Gaines OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Gaines OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Gaines FSMS Report 2024	FSMS_MONITORING
2023	Town of Gaines Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Gaines 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: 340331000000

School Details

Not applicable for this entity type.