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City of Gardner
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Massachusetts
County
Worcester County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Gardner maintained a positive net position of $9.0M, demonstrating financial stability. Total assets of $19.2M compared to liabilities of $4.0M indicate robust financial health, yielding a coverage ratio of 4.79. The government recorded an operating deficit of $185.7K, as spending of $78.9M outpaced revenues of $79.5M. At -0.2%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.