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Town of Stafford
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Municipality & ACFR Details
Type
Unknown
State
New York
County
Genesee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
Town of Stafford closed FY2024 with a net position of $513.5K, indicating a solid financial foundation. With $1.1M in assets and $587.8K in liabilities, the municipality shows stable fiscal health and an assets-to-liabilities ratio of 1.87. Expenditures of $858.8K exceeded revenues of $895.7K, resulting in a $220.9K deficit. A -24.7% margin points to structural budget challenges. All metrics are calculated using General Fund data.