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City of Shelton, Connecticut
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Municipality & ACFR Details
Type
Unknown
State
Connecticut
County
Naugatuck Valley Planning Region
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Shelton closed FY2024 with a fund balance of $2.3M, indicating a solid financial foundation. With $19.7M in assets and $9.3M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.12. Expenditures of $138.8M exceeded revenues of $136.9M, resulting in a $3.0M deficit. A -2.2% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.