Cortland — Financial Data

17,465 Population FY 2023

-8.4% Fund Balance FY 2024

$2,836 Per-Capita Spending FY 2024

7.2% Debt Service FY 2024

52.5 Fiscal Stress FY 2022

16.7 Env. Stress FY 2022

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

22.0% Poverty Rate 2023

26.1% Bachelor's+ Rate 2023

7.2% Unemployment Rate 2023

44.6% Homeownership Rate 2023

Median Household Income

$55,368 (2023)

2010 2023

Per Capita Income

$27,328 (2023)

2010 2023

Median Home Value

$143,800 (2023)

2010 2023

Median Gross Rent

$893 (2023)

2010 2023

Median Age

27.2 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Curated financial dashboard (1995–2024)

Fiscal Health

Available Fund Balance

-$4,144,758 (2024)

2011 2024

Cash Position

$3,404,760 (2024)

1995 2024

Debt Service

$3,572,823 (2024)

1995 2024

Fund Balance %

-8.4% (2024)

2011 2024

Debt Service %

7.2% (2024)

1995 2024

Per-Capita Spending

$2,836 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

52.5 (2022)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

16.7 (2022)

2012 2024

Top Revenue Sources

State Aid

$11,865,473 (2024)

1995 2024

Real Property Taxes And Assessments

$10,795,764 (2024)

1995 2024

Sales And Use Tax

$6,920,137 (2024)

1995 2024

Charges For Services

$4,717,407 (2024)

1995 2024

Charges To Other Governments

$1,425,287 (2024)

1995 2024

Top Expenditures

Transportation

$16,979,653 (2024)

1995 2024

Public Safety

$10,951,360 (2024)

1995 2024

Employee Benefits

$8,948,679 (2024)

1995 2024

Sanitation

$3,882,180 (2024)

1995 2024

General Government

$2,209,308 (2024)

1995 2024

Financial Documents (56)

Year	Title	Type
2024	Cortland OSC Annual Financial Report 2024	OSC_AFR
2024	Cortland FSMS Report 2024	FSMS_MONITORING
2023	Cortland Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Cortland OSC Annual Financial Report 2023	OSC_AFR
2023	Cortland FSMS Report 2023	FSMS_MONITORING

View all 56 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: County seat of Cortland County
OSC Code: 110211000000

School Details

Not applicable for this entity type.

Dependent Entities

Fiscally dependent entities that roll up to Cortland:

Cortland City School District (School district)