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Town of Camden, Maine
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Municipality & ACFR Details
Type
Unknown
State
Maine
County
Knox County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Town of Camden show a net position of $6.5M, with assets outpacing liabilities. The financial position includes $11.0M in total assets offset by $4.3M in liabilities, reflecting a solid financial foundation at a 2.58 ratio. Fiscal operations produced a positive result, with $27.3M in revenues against $25.8M in expenditures, leaving a surplus of $376.8K. The modest 1.4% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.