Town of Allegany — Financial Data

7,493 Population FY 2024

$338 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$267 Part-Town Per Capita Spending Outside villages only FY 2024

3.1% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

6.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Allegany (pop. 1,544). 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, 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 Allegany

Total village population: 1,544 (21% of town)

Village of Allegany pop. 1,544

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

14.4% Poverty Rate 2023

35.4% Bachelor's+ Rate 2023

2.8% Unemployment Rate 2023

79.4% Homeownership Rate 2023

Median Household Income

$74,471 (2023)

2010 2023

Per Capita Income

$35,050 (2023)

2010 2023

Median Home Value

$162,700 (2023)

2010 2023

Median Gross Rent

$739 (2023)

2010 2023

Median Age

36.4 (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

$390,900 (2024)

2011 2024

Full Value of Taxable Property

$524,659,831 (2024)

2011 2024

Debt Service

$273,177 (2024)

1995 2024

Debt Service %

3.1% (2024)

1995 2024

Town-Wide Per Capita Spending

$338 (2024)

2010 2024

Part-Town Per Capita Spending

$267 (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

6.7 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$3,427,657 (2024)

1995 2024

Sales And Use Tax

$2,277,755 (2024)

1995 2024

Charges For Services

$1,128,290 (2024)

1995 2024

State Aid

$1,058,852 (2024)

1995 2024

Other Local Revenues

$242,946 (2024)

1995 2024

Top Expenditures

Transportation

$4,457,506 (2024)

1995 2024

Employee Benefits

$1,307,672 (2024)

1995 2024

General Government

$1,182,763 (2024)

1995 2024

Culture And Recreation

$544,711 (2024)

1995 2024

Community Services

$442,059 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Allegany OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Allegany OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Allegany FSMS Report 2024	FSMS_MONITORING
2023	Town of Allegany Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Allegany 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: 040301100000

School Details

Not applicable for this entity type.