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Charles County Government
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Maryland
County
Charles County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Charles County Government maintained a positive net position of $198.9M, demonstrating financial stability. Total assets of $639.1M compared to liabilities of $351.3M indicate sound financial standing, yielding a coverage ratio of 1.82. The government achieved an operating surplus of $3.4M, as revenues of $523.2M outpaced spending of $499.0M. At 0.7%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.