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City of Miami Gardens
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Miami-Dade County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Miami Gardens show a net position of $66.5M, with assets outpacing liabilities. The financial position includes $72.6M in total assets offset by $6.1M in liabilities, reflecting a solid financial foundation at a 11.89 ratio. Fiscal operations produced a positive result, with $113.3M in revenues against $103.8M in expenditures, leaving a surplus of $9.5M. The 8.4% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.