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City of Fountain Inn, South Carolina
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Municipality & ACFR Details
Type
Unknown
State
South Carolina
County
Greenville County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Fountain Inn show a net position of $3.3M, with assets outpacing liabilities. The financial position includes $9.8M in total assets offset by $6.3M in liabilities, reflecting favorable financial conditions at a 1.56 ratio. Fiscal operations produced a negative result, with $16.8M in expenditures against $12.5M in revenues, creating a deficit of $4.4M. The -35.2% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.