Town of Italy — Financial Data

1,099 Population FY 2024

$1,089 Town-Wide Per Capita Spending All residents incl. villages FY 2024

7.0% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

23.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

15.1% Poverty Rate 2023

24.8% Bachelor's+ Rate 2023

6.3% Unemployment Rate 2023

87.0% Homeownership Rate 2023

Median Household Income

$58,333 (2023)

2010 2023

Per Capita Income

$32,305 (2023)

2010 2023

Median Home Value

$134,700 (2023)

2010 2023

Median Gross Rent

$879 (2023)

2010 2023

Median Age

54.9 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$125,973,300 (2024)

2011 2024

Debt Service

$192,967 (2024)

1997 2024

Debt Service %

7.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$1,089 (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

23.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$2,284,720 (2024)

1995 2024

State Aid

$1,101,329 (2024)

1995 2024

Federal Aid

$954,723 (2024)

1997 2024

Use And Sale Of Property

$130,629 (2024)

1995 2024

Charges To Other Governments

$58,154 (2024)

1995 2024

Top Expenditures

Transportation

$1,593,191 (2024)

1995 2024

General Government

$516,422 (2024)

1995 2024

Employee Benefits

$350,191 (2024)

1995 2024

Public Safety

$94,117 (2024)

1995 2024

Health

$2,033 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Italy OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Italy OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Italy FSMS Report 2024	FSMS_MONITORING
2023	Town of Italy Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Italy 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: 570342200000

School Details

Not applicable for this entity type.