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City of Meriden
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Connecticut
County
South Central Connecticut Planning Region
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Meriden closed FY2024 with a net position of $31.2M, indicating a solid financial foundation. With $53.0M in assets and $13.0M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.08. Revenues totaling $246.2M surpassed expenditures of $242.4M, generating a $3.8M surplus. A 1.6% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.