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Charter Township of Comstock
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Charter Township of Comstock maintained a positive net position of $921.1K, demonstrating financial stability. Total assets of $2.4M compared to liabilities of $135.6K indicate robust financial health, yielding a coverage ratio of 17.53. The government recorded an operating deficit of $73.0K, as spending of $3.8M outpaced revenues of $3.8M. At -1.9%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.