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Village of Richfield Springs

VillageNew York·Otsego County·–·Population 1,050

Revenue

$1.9M

FY 2024

Expenditure

$2.4M

FY 2024

Net

$-502K

Surplus / Deficit

Per Capita (Exp.)

$2,323

Population: 1,050

Revenue & Expenditure Trend

Property Tax Levy Trend

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Levy growth, 1995–2024

+79%

Rank 375 of 557 (fastest = 1)

Effective rate (latest)

$9.38

per $1,000 value · 2024

Levy per capita

$548

2024

Revenue by Category — 2024

Real Property Taxes and Assessments
30%$575KCharges for Services
29%$566KOther Sources
11%$211KState Aid
11%$209KCharges to Other Governments
6%$117KSales and Use Tax
5%$94KUse and Sale of Property
3%$65KFederal Aid
3%$50KOther Local Revenues
2%$39KOther Non-Property Taxes
0%$9KOther Real Property Tax Items
0%$2K

Expenditure by Category — 2024

Transportation
25%$609KPublic Safety
12%$287KSanitation
11%$275KGeneral Government
11%$274KEmployee Benefits
10%$250KOther Uses
9%$211KUtilities
7%$176KCulture and Recreation
7%$168KDebt Service
6%$134KCommunity Services
2%$51KHealth
0%$4K

Source: NY State Comptroller Annual Financial Report · Actuals only · No adopted budget