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City of Fall River
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Massachusetts
County
Bristol County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Fall River maintained a positive net position of $51.5M, demonstrating financial stability. Total assets of $72.2M compared to liabilities of $10.3M indicate robust financial health, yielding a coverage ratio of 7.00. The government achieved an operating surplus of $8.6M, as revenues of $413.5M outpaced spending of $409.1M. At 2.1%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.