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City of Amesbury
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Municipality & ACFR Details
Type
Township-General Purpose Government
State
Massachusetts
County
Essex County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Amesbury closed FY2024 with a net position of $10.6M, indicating a solid financial foundation. With $20.8M in assets and $3.9M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 5.35. Revenues totaling $79.8M surpassed expenditures of $78.6M, generating a $1.7M surplus. A 2.1% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.