Town of Otsego — Financial Data

3,641 Population FY 2024

$311 Town-Wide Per Capita Spending All residents incl. villages FY 2024

1.8% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

20.0 Env. Stress FY 2024

Data comparability note: The following villages extend beyond this town's boundaries: Cooperstown (also in Town of Middlefield). Part-town per-capita figures are not yet available for this town because the village population split across town boundaries is unknown. We will include part-town per-capita data once proportional population figures are available. If you have this information or know a definitive source, please email [email protected]. Contains villages: Village of Cooperstown (pop. 1,794). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, 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, employee benefits, general government, health, public safety, transportation).

Villages in Otsego

Total village population: 1,794 (49% of town)

Village of Cooperstown pop. 1,794

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

6.0% Poverty Rate 2023

51.6% Bachelor's+ Rate 2023

5.6% Unemployment Rate 2023

63.6% Homeownership Rate 2023

Median Household Income

$67,600 (2023)

2010 2023

Per Capita Income

$55,225 (2023)

2010 2023

Median Home Value

$361,700 (2023)

2010 2023

Median Gross Rent

$1,084 (2023)

2010 2023

Median Age

51.9 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$891,349,973 (2024)

2011 2024

Debt Service

$76,216 (2024)

1995 2024

Debt Service %

1.8% (2024)

1995 2024

Town-Wide Per Capita Spending

$311 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

20.0 (2024)

2012 2024

Top Revenue Sources

State Aid

$1,945,905 (2024)

1995 2024

Sales And Use Tax

$1,121,383 (2024)

1995 2024

Real Property Taxes And Assessments

$788,719 (2024)

1995 2024

Use And Sale Of Property

$430,096 (2024)

1995 2024

Charges To Other Governments

$56,694 (2024)

1995 2024

Top Expenditures

Transportation

$3,023,822 (2024)

1995 2024

General Government

$781,953 (2024)

1995 2024

Employee Benefits

$367,185 (2024)

1995 2024

Public Safety

$60,767 (2024)

1995 2024

Community Services

$16,000 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Otsego OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Otsego OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Otsego FSMS Report 2024	FSMS_MONITORING
2023	Town of Otsego Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Otsego 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: 360362700000

School Details

Not applicable for this entity type.