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City of Georgetown, South Carolina
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
South Carolina
County
Georgetown County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Georgetown show a net position of $15.1M, with assets outpacing liabilities. The financial position includes $18.5M in total assets offset by $3.0M in liabilities, reflecting a solid financial foundation at a 6.10 ratio. Fiscal operations produced a positive result, with $13.1M in revenues against $11.3M in expenditures, leaving a surplus of $2.1M. The healthy 16.1% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.