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County of Bedford
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Pennsylvania
County
Bedford County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, County of Bedford maintained a positive net position of $1.8M, demonstrating financial stability. Total assets of $10.4M compared to liabilities of $4.3M indicate robust financial health, yielding a coverage ratio of 2.40. The government recorded an operating deficit of $1.6M, as spending of $28.0M outpaced revenues of $26.3M. At -6.2%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.