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City of Malden
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Massachusetts
County
Middlesex County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Malden show a net position of $36.9M, with assets outpacing liabilities. The financial position includes $51.8M in total assets offset by $8.6M in liabilities, reflecting a solid financial foundation at a 6.06 ratio. Fiscal operations produced a positive result, with $228.4M in revenues against $220.1M in expenditures, leaving a surplus of $7.6M. The modest 3.3% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.