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City of Chicopee, Massachusetts
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Massachusetts
County
Hampden County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Chicopee closed FY2024 with a net position of $81.5M, indicating a solid financial foundation. With $94.8M in assets and $5.9M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 16.16. Expenditures of $248.1M exceeded revenues of $244.9M, resulting in a $622.0K deficit. A -0.3% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.