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The Village of Colonie, New York
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Municipality & ACFR Details
Type
Unknown
State
New York
County
Albany County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The Village of Colonie closed FY2024 with a net position of $6.3M, indicating a solid financial foundation. With $6.8M in assets and $415.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 16.36. Revenues totaling $7.1M surpassed expenditures of $6.2M, generating a $873.5K surplus. A 12.3% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.