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City of Grafton
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
North Dakota
County
Walsh County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Grafton show a net position of $3.1M, with assets outpacing liabilities. The financial position includes $3.2M in total assets offset by $49.2K in liabilities, reflecting a solid financial foundation at a 64.23 ratio. Fiscal operations produced a positive result, with $1.9M in revenues against $2.6M in expenditures, leaving a surplus of $199.0K. The healthy 10.6% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.