Town of Otselic — Financial Data

859 Population FY 2024

$691 Town-Wide Per Capita Spending All residents incl. villages FY 2024

1.2% Debt Service FY 2024

15.8 Fiscal Stress FY 2024

30.0 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

13.8% Poverty Rate 2023

14.7% Bachelor's+ Rate 2023

7.6% Unemployment Rate 2023

85.8% Homeownership Rate 2023

Median Household Income

$60,688 (2023)

2010 2023

Per Capita Income

$31,877 (2023)

2010 2023

Median Home Value

$99,500 (2023)

2010 2023

Median Gross Rent

$907 (2023)

2010 2023

Median Age

53.4 (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

$1,100,000 (2024)

2011 2024

Full Value of Taxable Property

$63,622,467 (2024)

2011 2024

Debt Service

$20,404 (2024)

1997 2024

Debt Service %

1.2% (2024)

1997 2024

Town-Wide Per Capita Spending

$691 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

15.8 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

30.0 (2024)

2012 2024

Top Revenue Sources

State Aid

$448,198 (2024)

1995 2024

Real Property Taxes And Assessments

$377,995 (2024)

1995 2024

Sales And Use Tax

$292,596 (2024)

1995 2024

Other Local Revenues

$42,740 (2024)

1995 2024

Use And Sale Of Property

$30,089 (2024)

1995 2024

Top Expenditures

Transportation

$864,560 (2024)

1995 2024

Utilities

$553,524 (2024)

1997 2024

General Government

$143,930 (2024)

1995 2024

Employee Benefits

$123,117 (2024)

1995 2024

Culture And Recreation

$31,682 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Otselic OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Otselic OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Otselic FSMS Report 2024	FSMS_MONITORING
2023	Town of Otselic Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Otselic 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: 080362800000

School Details

Not applicable for this entity type.