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City of Marlborough
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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
For FY2024, City of Marlborough reported a net position of $71.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $82.9M against liabilities of $8.0M, representing a strong financial position with an assets-to-liabilities ratio of 10.41. Operating results were favorable, with revenues of $192.6M exceeding expenditures of $190.9M by $12.2M. The 6.3% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.