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Androscoggin, County Of
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Municipality & ACFR Details
Type
Unknown
State
Maine
County
Androscoggin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Androscoggin maintained a positive net position of $3.2M, demonstrating financial stability. Total assets of $6.1M compared to liabilities of $2.8M indicate robust financial health, yielding a coverage ratio of 2.16. The government achieved an operating surplus of $458.4K, as revenues of $27.0M outpaced spending of $26.7M. At 1.7%, the margin reflects a balanced fiscal approach. All metrics are calculated using Total Governmental Funds data.