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City of Claxton, Georgia
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Municipality & ACFR Details
Type
Unknown
State
Georgia
County
Evans County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Claxton maintained a positive net position of $87.2K, demonstrating financial stability. Total assets of $1.1M compared to liabilities of $968.8K indicate balanced fiscal standing, yielding a coverage ratio of 1.09. The government recorded an operating deficit of $256.5K, as spending of $5.3M outpaced revenues of $5.0M. At -5.1%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.