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County of Franklin, Virginia
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Virginia
County
Franklin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, County of Franklin maintained a positive net position of $108.9M, demonstrating financial stability. Total assets of $122.3M compared to liabilities of $6.1M indicate robust financial health, yielding a coverage ratio of 20.07. The government achieved an operating surplus of $5.4M, as revenues of $120.7M outpaced spending of $107.1M. At 4.4%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.