Town of Newport — Financial Data

2,140 Population FY 2024

$368 Town-Wide Per Capita Spending All residents incl. villages FY 2025

$51 Part-Town Per Capita Spending Outside villages only FY 2025

9.5% Debt Service FY 2025

0.0 Fiscal Stress FY 2024

10.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Newport (pop. 543). 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, social services, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, employee benefits, general government, health, public safety, transportation).

Villages in Newport

Total village population: 543 (25% of town)

Village of Newport pop. 543

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

15.0% Poverty Rate 2023

19.2% Bachelor's+ Rate 2023

6.2% Unemployment Rate 2023

83.8% Homeownership Rate 2023

Median Household Income

$76,143 (2023)

2010 2023

Per Capita Income

$38,132 (2023)

2010 2023

Median Home Value

$173,400 (2023)

2010 2023

Median Gross Rent

$732 (2023)

2010 2023

Median Age

49.8 (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 · 1995–2025

Fiscal Health

Debt Outstanding

$110,000 (2024)

2011 2024

Full Value of Taxable Property

$189,831,264 (2024)

2011 2024

Debt Service

$82,825 (2025)

1995 2025

Debt Service %

9.5% (2025)

1995 2025

Town-Wide Per Capita Spending

$368 (2025)

2010 2025

Part-Town Per Capita Spending

$51 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

10.0 (2024)

2012 2024

Top Revenue Sources

Charges To Other Governments

$341,632 (2025)

1995 2025

Sales And Use Tax

$255,047 (2025)

1995 2025

Real Property Taxes And Assessments

$131,364 (2025)

1995 2025

Use And Sale Of Property

$79,786 (2025)

1995 2025

Federal Aid

$53,102 (2025)

1997 2025

Top Expenditures

Transportation

$430,105 (2025)

1995 2025

General Government

$236,762 (2025)

1995 2025

Public Safety

$55,578 (2025)

1995 2025

Employee Benefits

$43,966 (2025)

1995 2025

Culture And Recreation

$10,959 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of Newport OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Newport OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Newport OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Newport FSMS Report 2024	FSMS_MONITORING
2023	Town of Newport Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 210358000000

School Details

Not applicable for this entity type.