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Bayfield County, Wisconsin
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Wisconsin
County
Bayfield County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Bayfield County show a net position of $15.1M, with assets outpacing liabilities. The financial position includes $30.0M in total assets offset by $1.8M in liabilities, reflecting a solid financial foundation at a 16.67 ratio. Fiscal operations produced a negative result, with $18.9M in expenditures against $20.8M in revenues, creating a deficit of $641.2K. The -3.1% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.