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Town of Oyster Bay
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Municipality & ACFR Details
Type
Township-General Purpose Government
State
New York
County
Nassau County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Town of Oyster Bay show a net position of $40.7M, with assets outpacing liabilities. The financial position includes $95.3M in total assets offset by $35.6M in liabilities, reflecting a solid financial foundation at a 2.67 ratio. Fiscal operations produced a negative result, with $133.5M in expenditures against $162.1M in revenues, creating a deficit of $970.0K. The -0.6% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.