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Forks Township
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Municipality & ACFR Details
Type
Unknown
State
Pennsylvania
County
Northampton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Forks Township maintained a positive net position of $8.7M, demonstrating financial stability. Total assets of $11.3M compared to liabilities of $2.7M indicate robust financial health, yielding a coverage ratio of 4.26. The government achieved an operating surplus of $2.0M, as revenues of $12.6M outpaced spending of $10.6M. At 16.2%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.