Town of New Lisbon (Otsego County) — Financial Data

1,084 Population FY 2024

$1,297 Town-Wide Per Capita Spending All residents incl. villages FY 2025

10.1% Debt Service FY 2025

0.0 Fiscal Stress FY 2024

16.7 Socio-Dem. Stress FY 2024

Tax Snapshot (Beta)

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for New York and Town of New Lisbon (Otsego County).

Component	Summary	Effective	Coverage	Sources
NY state personal income tax	NY uses a progressive bracket schedule (4.00% to 10.90% on the current IT-201 schedule).	Tax year 2025 schedule; statutory update starts for tax years beginning after 2025.	Source verified	IT-201-I (2025 PDF); Tax Law §601
NY state sales and use tax (base)	NY state base sales and use tax rate is 4%; local rates are additive by jurisdiction.	In effect as of January 1, 2026.	Loaded	New York State Department of Taxation and Finance sales tax rates
NY state-level property tax policy	In New York, real property tax is raised and spent locally by counties, cities, towns, villages, school districts, and special districts; there is no single statewide property-tax rate.	Property-tax guidance page updated July 26, 2024 (accessed April 19, 2026).	Needs review	NY property taxes overview; ORPTS tax bill calculation guide

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

9.5% Poverty Rate 2023

32.5% Bachelor's+ Rate 2023

3.6% Unemployment Rate 2023

90.1% Homeownership Rate 2023

Median Household Income

$81,711 (2023)

2010 2023

Per Capita Income

$42,231 (2023)

2010 2023

Median Home Value

$194,800 (2023)

2010 2023

Median Gross Rent

$695 (2022)

2010 2022

Median Age

50.0 (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 · 1995–2025

Fiscal Health

Debt Outstanding

$2,175,400 (2024)

2011 2024

Full Value of Taxable Property

$131,594,244 (2024)

2011 2024

Debt Service

$142,296 (2025)

1997 2025

Debt Service %

10.1% (2025)

1997 2025

Town-Wide Per Capita Spending

$1,297 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2012 2024

Socio-Demographic Stress Score (OSC)

0 = no stress · 100 = significant stress

16.7 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$661,725 (2025)

1995 2025

State Aid

$516,291 (2025)

1995 2025

Other Local Revenues

$174,025 (2025)

1995 2025

Sales And Use Tax

$151,327 (2025)

1995 2025

Use And Sale Of Property

$50,414 (2025)

1995 2025

Top Expenditures

Transportation

$983,808 (2025)

1995 2025

General Government

$159,234 (2025)

1995 2025

Employee Benefits

$111,606 (2025)

1995 2025

Public Safety

$6,172 (2025)

1995 2025

Culture And Recreation

$1,868 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of New Lisbon OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of New Lisbon OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of New Lisbon OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of New Lisbon FSMS Report 2024	FSMS_MONITORING
2023	Town of New Lisbon (Otsego County) Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 360357800000

School Details

Not applicable for this entity type.

Geographic Relationships

This entity is within

Wholly within: New York
Wholly within: Otsego County

Within this entity

Partly contains: Cooperstown Central School District
Partly contains: Edmeston Central School District
Partly contains: Laurens Central School District
Partly contains: Morris Central School District