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Charter Township of Union
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Municipality & ACFR Details
Type
Township-General Purpose Government
State
Michigan
County
Isabella County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Charter Township of Union show a net position of $8.1M, with assets outpacing liabilities. The financial position includes $8.9M in total assets offset by $709.0K in liabilities, reflecting a solid financial foundation at a 12.49 ratio. Fiscal operations produced a positive result, with $3.0M in revenues against $2.2M in expenditures, leaving a surplus of $894.2K. The healthy 29.6% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.