Town of Lake George — Financial Data

3,502 Population FY 2024

$898 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$1,200 Part-Town Per Capita Spending Outside villages only FY 2024

2.6% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Lake George (pop. 1,008). 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: community services, culture and recreation, debt service, economic development, employee benefits, general government, public safety, transportation).

Villages in Lake George

Total village population: 1,008 (29% of town)

Village of Lake George pop. 1,008

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

6.5% Poverty Rate 2023

37.6% Bachelor's+ Rate 2023

0.6% Unemployment Rate 2023

75.0% Homeownership Rate 2023

Median Household Income

$100,394 (2023)

2010 2023

Per Capita Income

$46,122 (2023)

2010 2023

Median Home Value

$370,700 (2023)

2010 2023

Median Gross Rent

$1,132 (2023)

2010 2023

Median Age

50.3 (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

$797,030 (2024)

2011 2024

Full Value of Taxable Property

$1,665,778,123 (2024)

2011 2024

Debt Service

$405,975 (2024)

1995 2024

Debt Service %

2.6% (2024)

1995 2024

Town-Wide Per Capita Spending

$898 (2024)

2010 2024

Part-Town Per Capita Spending

$1,200 (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

Sales And Use Tax

$6,793,364 (2024)

1995 2024

Real Property Taxes And Assessments

$4,812,950 (2024)

1995 2024

Charges To Other Governments

$1,571,369 (2024)

1995 2024

State Aid

$1,322,249 (2024)

1995 2024

Charges For Services

$567,949 (2024)

1995 2024

Top Expenditures

General Government

$3,934,468 (2024)

1995 2024

Transportation

$2,526,190 (2024)

1995 2024

Employee Benefits

$2,259,224 (2024)

1995 2024

Sanitation

$2,252,857 (2024)

1995 2024

Culture And Recreation

$1,438,144 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Lake George OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Lake George OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Lake George FSMS Report 2024	FSMS_MONITORING
2023	Town of Lake George Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Lake George 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: 520344630000

School Details

Not applicable for this entity type.