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City of North Charleston
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
South Carolina
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of North Charleston reported a fund balance of $107.4M, reflecting a healthy financial position. The balance sheet reflects total assets of $139.0M against liabilities of $21.7M, representing a strong financial position with an assets-to-liabilities ratio of 6.39. Operating results were favorable, with revenues of $162.3M exceeding expenditures of $144.1M by $23.6M. The 14.5% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.