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City of Norwalk, Connecticut
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Connecticut
County
Western Connecticut Planning Region
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Norwalk show a fund balance of $97.8M, reflecting sound fiscal management. The financial position includes $157.4M in total assets offset by $29.0M in liabilities, reflecting a solid financial foundation at a 5.43 ratio. Fiscal operations produced a positive result, with $468.9M in revenues against $419.8M in expenditures, leaving a surplus of $49.1M. The healthy 10.5% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.