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City of Essex Junction
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Vermont
County
Chittenden County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Essex Junction reported a net position of $5.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $14.2M against liabilities of $9.2M, representing a healthy financial position with an assets-to-liabilities ratio of 1.55. Operating results were favorable, with revenues of $20.4M exceeding expenditures of $15.5M by $4.9M. The 24.2% operating margin reflects strong fiscal management. All metrics are calculated using Total Governmental Funds data.