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Village of Little Valley
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Municipality & ACFR Details
Type
Unknown
State
New York
County
Cattaraugus County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Village of Little Valley reported a net position of $638.3K, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $700.1K against liabilities of $61.8K, representing a strong financial position with an assets-to-liabilities ratio of 11.33. Operating results were favorable, with revenues of $551.1K exceeding expenditures of $537.4K by $13.6K. The 2.5% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.