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Village of Bolivar
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Municipality & ACFR Details
Type
Unknown
State
New York
County
Allegany County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Village of Bolivar reported a net position of $704.2K, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $717.0K against liabilities of $12.7K, representing a strong financial position with an assets-to-liabilities ratio of 56.28. Operating results were favorable, with revenues of $770.7K exceeding expenditures of $674.0K by $96.8K. The 12.6% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.