Town of Lima — Financial Data

4,154 Population FY 2024

$235 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$486 Part-Town Per Capita Spending Outside villages only FY 2024

0.7% Debt Service FY 2024

6.7 Fiscal Stress FY 2024

6.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Lima (pop. 2,094). 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: community services, culture and recreation, employee benefits, general government, health, sanitation, transportation, utilities).

Villages in Lima

Total village population: 2,094 (50% of town)

Village of Lima pop. 2,094

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

9.6% Poverty Rate 2023

40.9% Bachelor's+ Rate 2023

1.4% Unemployment Rate 2023

79.9% Homeownership Rate 2023

Median Household Income

$83,693 (2023)

2010 2023

Per Capita Income

$38,351 (2023)

2010 2023

Median Home Value

$209,500 (2023)

2010 2023

Median Gross Rent

$845 (2023)

2010 2023

Median Age

42.2 (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

$355,297,703 (2024)

2011 2024

Debt Service

$30,976 (2024)

1995 2024

Debt Service %

0.7% (2024)

1995 2024

Town-Wide Per Capita Spending

$235 (2024)

2010 2024

Part-Town Per Capita Spending

$486 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

6.7 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

6.7 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$2,167,706 (2024)

1995 2024

State Aid

$725,488 (2024)

1995 2024

Federal Aid

$399,340 (2024)

1997 2024

Charges To Other Governments

$308,388 (2024)

1995 2024

Use And Sale Of Property

$241,337 (2024)

1995 2024

Top Expenditures

Transportation

$2,203,744 (2024)

1995 2024

General Government

$958,020 (2024)

1995 2024

Employee Benefits

$528,658 (2024)

1995 2024

Culture And Recreation

$288,357 (2024)

1995 2024

Public Safety

$200,952 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Lima OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Lima OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Lima FSMS Report 2024	FSMS_MONITORING
2023	Town of Lima Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Lima 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: 240346800000

School Details

Not applicable for this entity type.