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City of Northampton, Massachusetts
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Massachusetts
County
Hampshire County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Northampton reported a fund balance of $52.5M, reflecting a healthy financial position. The balance sheet reflects total assets of $64.1M against liabilities of $8.1M, representing a strong financial position with an assets-to-liabilities ratio of 7.89. Operating results were favorable, with revenues of $126.8M exceeding expenditures of $127.1M by $1.5M. The 1.2% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.