Type
Unknown
State
Ohio
County
Summit County
FY Period
FY 2024

Score not available
Get the complete financial breakdown, MuniScore details, balance sheets, income statements, and more for City of Norton and 14,800+ other municipalities.
View up to 10 municipality dashboards free during your trial.
No credit card required.
Already have an account?
Log inCity of Norton closed FY2024 with a fund balance of $5.6M, indicating a solid financial foundation. With $8.7M in assets and $442.6K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 19.66. Revenues totaling $11.7M surpassed expenditures of $8.3M, generating a $505.4K surplus. A 4.3% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.