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City of Portsmouth, New Hampshire
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
New Hampshire
County
Rockingham County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Portsmouth closed FY2024 with a fund balance of $52.5M, indicating a solid financial foundation. With $70.0M in assets and $9.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 7.21. Expenditures of $129.3M exceeded revenues of $132.0M, resulting in a $2.9M deficit. A -2.2% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.