Town of Otego — Financial Data

2,756 Population FY 2024

$263 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$347 Part-Town Per Capita Spending Outside villages only FY 2024

0.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

23.3 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Otego (pop. 875). 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: culture and recreation, debt service, employee benefits, general government, public safety, transportation).

Villages in Otego

Total village population: 875 (32% of town)

Village of Otego pop. 875

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

12.6% Poverty Rate 2023

26.7% Bachelor's+ Rate 2023

8.1% Unemployment Rate 2023

71.1% Homeownership Rate 2023

Median Household Income

$72,716 (2023)

2010 2023

Per Capita Income

$36,517 (2023)

2010 2023

Median Home Value

$183,900 (2023)

2010 2023

Median Gross Rent

$792 (2023)

2010 2023

Median Age

46.5 (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

$218,833,842 (2024)

2011 2024

Debt Service

$0 (2024)

1995 2024

Debt Service %

0.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$263 (2024)

2010 2024

Part-Town Per Capita Spending

$347 (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

23.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,825,506 (2024)

1995 2024

State Aid

$691,602 (2024)

1995 2024

Sales And Use Tax

$334,133 (2024)

1995 2024

Charges To Other Governments

$249,592 (2024)

1995 2024

Use And Sale Of Property

$132,992 (2024)

1995 2024

Top Expenditures

Transportation

$1,766,480 (2024)

1995 2024

General Government

$573,287 (2024)

1995 2024

Employee Benefits

$307,234 (2024)

1995 2024

Culture And Recreation

$72,925 (2024)

1995 2024

Public Safety

$29,904 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Otego OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Otego OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Otego FSMS Report 2024	FSMS_MONITORING
2023	Town of Otego Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Otego 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: 360362500000

School Details

Not applicable for this entity type.