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Village of Canton
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Municipality & ACFR Details
Type
Unknown
State
New York
County
St. Lawrence County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Village of Canton reported a net position of $4.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $6.4M against liabilities of $1.2M, representing a strong financial position with an assets-to-liabilities ratio of 5.24. Operating results showed a shortfall, with expenditures of $7.0M exceeding revenues of $6.8M by $108.6K. The -1.6% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.