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City of Franklin, Tennessee
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Tennessee
County
Williamson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Franklin maintained a positive net position of $86.7M, demonstrating financial stability. Total assets of $124.0M compared to liabilities of $22.1M indicate robust financial health, yielding a coverage ratio of 5.61. The government achieved an operating surplus of $2.0M, as revenues of $112.5M outpaced spending of $101.1M. At 1.8%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.