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County of Tompkins
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Municipality & ACFR Details
Type
County-General Purpose Government
State
New York
County
Tompkins County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, County of Tompkins reported a net position of $63.4M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $109.2M against liabilities of $43.2M, representing a strong financial position with an assets-to-liabilities ratio of 2.53. Operating results showed a shortfall, with expenditures of $224.3M exceeding revenues of $231.7M by $18.0M. The -7.8% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.