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Town of Duck
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Municipality & ACFR Details
Type
Unknown
State
North Carolina
County
Dare County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Town of Duck reported a net position of $15.5M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $16.2M against liabilities of $643.2K, representing a strong financial position with an assets-to-liabilities ratio of 25.18. Operating results were favorable, with revenues of $18.1M exceeding expenditures of $14.2M by $3.9M. The 21.3% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.