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City of Ivanhoe, Texas
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Ivanhoe maintained a positive net position of $508.0K, demonstrating financial stability. Total assets of $807.7K compared to liabilities of $27.0K indicate robust financial health, yielding a coverage ratio of 29.89. The government achieved an operating surplus of $71.7K, as revenues of $873.0K outpaced spending of $863.9K. At 8.2%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.