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Town of Woodland
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Municipality & ACFR Details
Type
Unknown
State
North Carolina
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Town of Woodland maintained a positive net position of $1.2M, demonstrating financial stability. Total assets of $1.3M compared to liabilities of $20.2K indicate robust financial health, yielding a coverage ratio of 63.88. The government achieved an operating surplus of $115.7K, as revenues of $534.9K outpaced spending of $419.2K. At 21.6%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.