Town of Belfast — Financial Data

1,637 Population FY 2024

$762 Town-Wide Per Capita Spending All residents incl. villages FY 2024

6.1% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

13.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

12.0% Poverty Rate 2023

20.2% Bachelor's+ Rate 2023

3.6% Unemployment Rate 2023

84.0% Homeownership Rate 2023

Median Household Income

$58,421 (2023)

2010 2023

Per Capita Income

$26,464 (2023)

2010 2023

Median Home Value

$88,000 (2023)

2010 2023

Median Gross Rent

$530 (2023)

2010 2023

Median Age

35.6 (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

$1,447,832 (2024)

2011 2024

Full Value of Taxable Property

$97,231,167 (2024)

2011 2024

Debt Service

$192,440 (2024)

1995 2024

Debt Service %

6.1% (2024)

1995 2024

Town-Wide Per Capita Spending

$762 (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

13.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,919,374 (2024)

1995 2024

State Aid

$576,054 (2024)

1995 2024

Use And Sale Of Property

$340,129 (2024)

1995 2024

Federal Aid

$323,076 (2024)

1996 2024

Charges For Services

$133,201 (2024)

1995 2024

Top Expenditures

Transportation

$1,872,358 (2024)

1995 2024

General Government

$392,472 (2024)

1995 2024

Employee Benefits

$375,706 (2024)

1995 2024

Utilities

$156,021 (2024)

1997 2024

Culture And Recreation

$97,902 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Belfast OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Belfast OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Belfast FSMS Report 2024	FSMS_MONITORING
2023	Town of Belfast Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Belfast 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: 020306000000

School Details

Not applicable for this entity type.