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County of Franklin, Pennsylvania
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Pennsylvania
County
Franklin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, County of Franklin reported a net position of $36.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $55.4M against liabilities of $17.4M, representing a strong financial position with an assets-to-liabilities ratio of 3.18. Operating results showed a shortfall, with expenditures of $55.1M exceeding revenues of $57.6M by $1.3M. The -2.2% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.