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County of Franklin
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Municipality & ACFR Details
Type
County-General Purpose Government
State
New York
County
Franklin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, County of Franklin reported a net position of $51.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $95.3M against liabilities of $41.4M, representing a strong financial position with an assets-to-liabilities ratio of 2.30. Operating results were favorable, with revenues of $128.1M exceeding expenditures of $118.0M by $3.5M. The 2.7% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.