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City of Connellsville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Pennsylvania
County
Fayette County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Connellsville reported a net position of $2.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $2.3M against liabilities of $9.3K, representing a strong financial position with an assets-to-liabilities ratio of 244.86. Operating results were favorable, with revenues of $4.3M exceeding expenditures of $3.8M by $453.8K. The 10.7% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.