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City of Bath, Maine
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Maine
County
Sagadahoc County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Bath show a net position of $63.9M, with assets outpacing liabilities. The financial position includes $78.7M in total assets offset by $14.5M in liabilities, reflecting a solid financial foundation at a 5.44 ratio. Fiscal operations produced a positive result, with $28.6M in revenues against $26.4M in expenditures, leaving a surplus of $1.8M. The 6.4% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.