Town of Gainesville — Financial Data

2,009 Population FY 2024

$369 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$373 Part-Town Per Capita Spending Outside villages only FY 2024

0.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

20.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Gainesville (pop. 211), Village of Silver Springs (pop. 689). 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, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, debt service, employee benefits, general government, health, transportation).

Villages in Gainesville

Total village population: 900 (45% of town)

Village of Gainesville pop. 211

Village of Silver Springs pop. 689

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

14.7% Poverty Rate 2023

19.8% Bachelor's+ Rate 2023

2.3% Unemployment Rate 2023

79.8% Homeownership Rate 2023

Median Household Income

$65,625 (2023)

2010 2023

Per Capita Income

$33,848 (2023)

2010 2023

Median Home Value

$110,800 (2023)

2010 2023

Median Gross Rent

$746 (2023)

2010 2023

Median Age

49.0 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$135,544,364 (2024)

2011 2024

Debt Service

$0 (2024)

1995 2024

Debt Service %

0.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$369 (2024)

2010 2024

Part-Town Per Capita Spending

$373 (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

20.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,623,496 (2024)

1995 2024

State Aid

$462,662 (2024)

1995 2024

Federal Aid

$233,466 (2024)

1997 2024

Use And Sale Of Property

$175,206 (2024)

1995 2024

Charges To Other Governments

$120,722 (2024)

1995 2024

Top Expenditures

Transportation

$1,773,338 (2024)

1995 2024

General Government

$298,248 (2024)

1995 2024

Employee Benefits

$215,840 (2024)

1995 2024

Public Safety

$116,032 (2024)

1995 2024

Culture And Recreation

$84,597 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Gainesville OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Gainesville OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Gainesville FSMS Report 2024	FSMS_MONITORING
2023	Town of Gainesville Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Gainesville 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: 560331100000

School Details

Not applicable for this entity type.