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Town of Washington
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Municipality & ACFR Details
Type
Unknown
State
Connecticut
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Town of Washington show a net position of $11.3M, with assets outpacing liabilities. The financial position includes $11.9M in total assets offset by $550.8K in liabilities, reflecting a solid financial foundation at a 21.54 ratio. Fiscal operations produced a positive result, with $20.4M in revenues against $17.2M in expenditures, leaving a surplus of $856.2K. The modest 4.2% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.