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County of Cumberland, Maine
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Maine
County
Cumberland County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
County of Cumberland closed FY2024 with a net position of $47.8M, indicating a solid financial foundation. With $64.1M in assets and $16.3M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.94. Revenues totaling $70.7M surpassed expenditures of $69.2M, generating a $2.1M surplus. A 2.9% margin indicates tight alignment between revenues and costs. All metrics are calculated using Total Governmental Funds data.