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City of Fort Wayne
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Indiana
County
Allen County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Fort Wayne maintained a positive net position of $72.9M, demonstrating financial stability. Total assets of $79.4M compared to liabilities of $6.5M indicate robust financial health, yielding a coverage ratio of 12.16. The government achieved an operating surplus of $305.0K, as revenues of $132.9M outpaced spending of $136.7M. At 0.2%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.