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City of Gardiner
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Municipality & ACFR Details
Type
City/Town Government
State
Maine
County
Kennebec County
FY Period
Jul 2022 - Jun 2023
MuniScore
Score not available
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Log inFinancial Summary
City of Gardiner closed FY2023 with a net position of $3.7M, indicating a solid financial foundation. With $5.9M in assets and $1.8M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.35. Revenues totaling $11.4M surpassed expenditures of $11.3M, generating a $295.4K surplus. A 2.6% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.