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Town of Wiscasset, Maine
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Municipality & ACFR Details
Type
Unknown
State
Maine
County
Lincoln County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Town of Wiscasset maintained a positive net position of $6.9M, demonstrating financial stability. Total assets of $12.8M compared to liabilities of $5.6M indicate robust financial health, yielding a coverage ratio of 2.29. The government achieved an operating surplus of $751.4K, as revenues of $24.7M outpaced spending of $23.6M. At 3.0%, the margin reflects a balanced fiscal approach. All metrics are calculated using Total Governmental Funds data.