Town of Hastings — Financial Data

9,342 Population FY 2024

$219 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$210 Part-Town Per Capita Spending Outside villages only FY 2024

15.7% Debt Service FY 2024

5.0 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Central Square (pop. 1,862). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, employee benefits, general government, health, public safety, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, debt service, employee benefits, general government, public safety, transportation).

Villages in Hastings

Total village population: 1,862 (20% of town)

Village of Central Square pop. 1,862

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

13.9% Poverty Rate 2023

19.4% Bachelor's+ Rate 2023

8.5% Unemployment Rate 2023

80.8% Homeownership Rate 2023

Median Household Income

$83,266 (2023)

2010 2023

Per Capita Income

$43,013 (2023)

2010 2023

Median Home Value

$175,200 (2023)

2010 2023

Median Gross Rent

$955 (2023)

2010 2023

Median Age

41.9 (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

$26,810,275 (2024)

2011 2024

Full Value of Taxable Property

$711,484,933 (2024)

2011 2024

Debt Service

$1,607,901 (2024)

1997 2024

Debt Service %

15.7% (2024)

1997 2024

Town-Wide Per Capita Spending

$219 (2024)

2010 2024

Part-Town Per Capita Spending

$210 (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

0.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$4,836,618 (2024)

1995 2024

State Aid

$1,528,119 (2024)

1995 2024

Sales And Use Tax

$1,095,646 (2024)

1995 2024

Charges To Other Governments

$707,146 (2024)

1995 2024

Charges For Services

$508,394 (2024)

1995 2024

Top Expenditures

Transportation

$3,605,967 (2024)

1995 2024

General Government

$2,231,010 (2024)

1995 2024

Public Safety

$736,306 (2024)

1995 2024

Employee Benefits

$637,184 (2024)

1995 2024

Culture And Recreation

$604,968 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Hastings OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Hastings OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Hastings FSMS Report 2024	FSMS_MONITORING
2023	Town of Hastings Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Hastings 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: 350338200000

School Details

Not applicable for this entity type.