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Town of East Granby, Connecticut
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Municipality & ACFR Details
Type
Unknown
State
Connecticut
County
Capitol Planning Region
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Town of East Granby reported a net position of $6.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $13.3M against liabilities of $6.7M, representing a healthy financial position with an assets-to-liabilities ratio of 1.98. Operating results were favorable, with revenues of $30.8M exceeding expenditures of $29.1M by $1.7M. The 5.5% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.