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City of Barre, Vermont
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Vermont
County
Washington County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Barre maintained a positive net position of $2.2M, demonstrating financial stability. Total assets of $7.2M compared to liabilities of $4.4M indicate sound financial standing, yielding a coverage ratio of 1.65. The government achieved an operating surplus of $709.1K, as revenues of $15.9M outpaced spending of $15.2M. At 4.4%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.