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City of North Augusta, South Carolina
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Municipality & ACFR Details
Type
Unknown
State
South Carolina
County
Aiken County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of North Augusta show a fund balance of $4.7M, reflecting sound fiscal management. The financial position includes $8.0M in total assets offset by $2.5M in liabilities, reflecting a solid financial foundation at a 3.24 ratio. Fiscal operations produced a negative result, with $27.0M in expenditures against $25.8M in revenues, creating a deficit of $1.0M. The -3.9% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.