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City of Indianapolis
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Indiana
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Indianapolis recorded a net position of -$54.3M, reflecting accumulated obligations. Total assets of $370.7M compared to liabilities of $54.3M indicate robust financial health, yielding a coverage ratio of 6.82. The government achieved an operating surplus of $3.2M, as revenues of $859.4M outpaced spending of $804.7M. At 0.4%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.