Type
Municipality-General Purpose Government
State
Louisiana
County
—
FY Period
FY 2024

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Log inThe FY2024 financial statements for City of Franklin show a net position of $1.1M, with assets outpacing liabilities. The financial position includes $2.1M in total assets offset by $933.6K in liabilities, reflecting a solid financial foundation at a 2.20 ratio. Fiscal operations produced a positive result, with $9.0M in revenues against $6.2M in expenditures, leaving a surplus of $217.0K. The modest 2.4% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.