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Lapeer County
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Michigan
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Lapeer County show a net position of $12.7M, with assets outpacing liabilities. The financial position includes $17.3M in total assets offset by $4.6M in liabilities, reflecting a solid financial foundation at a 3.75 ratio. Fiscal operations produced a positive result, with $25.4M in revenues against $12.0M in expenditures, leaving a surplus of $13.3M. The healthy 52.5% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.