Town of Milo — Financial Data

6,803 Population FY 2024

$137 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$418 Part-Town Per Capita Spending Outside villages only FY 2024

6.6% Debt Service FY 2024

5.0 Fiscal Stress FY 2024

6.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Penn Yan (pop. 5,056). 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, public safety, sanitation, transportation, utilities). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, employee benefits, general government, health, sanitation, transportation).

Villages in Milo

Total village population: 5,056 (74% of town)

Village of Penn Yan pop. 5,056

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

14.4% Poverty Rate 2023

25.1% Bachelor's+ Rate 2023

2.8% Unemployment Rate 2023

63.7% Homeownership Rate 2023

Median Household Income

$60,152 (2023)

2010 2023

Per Capita Income

$32,058 (2023)

2010 2023

Median Home Value

$159,600 (2023)

2010 2023

Median Gross Rent

$719 (2023)

2010 2023

Median Age

40.7 (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

$2,803,000 (2024)

2011 2024

Full Value of Taxable Property

$706,943,064 (2024)

2011 2024

Debt Service

$305,979 (2024)

1997 2024

Debt Service %

6.6% (2024)

1997 2024

Town-Wide Per Capita Spending

$137 (2024)

2010 2024

Part-Town Per Capita Spending

$418 (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

6.7 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$3,435,452 (2024)

1995 2024

State Aid

$791,284 (2024)

1995 2024

Charges For Services

$675,851 (2024)

1995 2024

Use And Sale Of Property

$470,573 (2024)

1995 2024

Sales And Use Tax

$165,608 (2024)

1997 2024

Top Expenditures

Transportation

$1,914,000 (2024)

1995 2024

General Government

$885,594 (2024)

1995 2024

Employee Benefits

$559,010 (2024)

1995 2024

Sanitation

$438,738 (2024)

1997 2024

Public Safety

$266,250 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Milo OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Milo OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Milo FSMS Report 2024	FSMS_MONITORING
2023	Town of Milo Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Milo 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: 570353300000

School Details

Not applicable for this entity type.