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City of Harlem, Georgia
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Municipality & ACFR Details
Type
Unknown
State
Georgia
County
Columbia County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Harlem maintained a positive net position of $14.0M, demonstrating financial stability. Total assets of $14.8M compared to liabilities of $758.4K indicate robust financial health, yielding a coverage ratio of 19.50. The government achieved an operating surplus of $867.2K, as revenues of $5.4M outpaced spending of $4.7M. At 16.1%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.