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City of Middletown, Connecticut
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Connecticut
County
Lower Connecticut River Valley Planning Region
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Middletown reported a net position of $60.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $68.5M against liabilities of $8.2M, representing a strong financial position with an assets-to-liabilities ratio of 8.34. Operating results were favorable, with revenues of $203.6M exceeding expenditures of $184.7M by $19.0M. The 9.3% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.