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City of Calais
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Maine
County
Washington County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Calais show a net position of $1.4M, with assets outpacing liabilities. The financial position includes $3.1M in total assets offset by $1.4M in liabilities, reflecting a solid financial foundation at a 2.15 ratio. Fiscal operations produced a positive result, with $6.0M in revenues against $4.3M in expenditures, leaving a surplus of $484.7K. The 8.1% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.