Town of Gates — Financial Data

29,167 Population FY 2024

$670 Town-Wide Per Capita Spending All residents incl. villages FY 2024

0.9% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

9.2% Poverty Rate 2023

28.8% Bachelor's+ Rate 2023

3.6% Unemployment Rate 2023

74.0% Homeownership Rate 2023

Median Household Income

$76,218 (2023)

2010 2023

Per Capita Income

$38,310 (2023)

2010 2023

Median Home Value

$161,500 (2023)

2010 2023

Median Gross Rent

$1,150 (2023)

2010 2023

Median Age

44.6 (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

$275,322 (2024)

2011 2024

Full Value of Taxable Property

$2,358,854,887 (2024)

2011 2024

Debt Service

$384,750 (2024)

1995 2024

Debt Service %

0.9% (2024)

1995 2024

Town-Wide Per Capita Spending

$670 (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

0.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$23,091,878 (2024)

1995 2024

Sales And Use Tax

$8,121,586 (2024)

1995 2024

State Aid

$3,321,642 (2024)

1995 2024

Charges For Services

$2,370,871 (2024)

1995 2024

Use And Sale Of Property

$1,834,334 (2024)

1995 2024

Top Expenditures

Employee Benefits

$12,096,381 (2024)

1995 2024

Public Safety

$11,458,771 (2024)

1995 2024

Transportation

$8,244,269 (2024)

1995 2024

General Government

$6,459,640 (2024)

1995 2024

Culture And Recreation

$3,612,642 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Gates OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Gates OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Gates FSMS Report 2024	FSMS_MONITORING
2023	Town of Gates Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Gates 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: 260331600000

School Details

Not applicable for this entity type.