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City of Aledo
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Municipality & ACFR Details
Type
Unknown
State
Illinois
County
Mercer County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Aledo show a net position of $3.9M, with assets outpacing liabilities. The financial position includes $4.5M in total assets offset by $136.9K in liabilities, reflecting a solid financial foundation at a 33.15 ratio. Fiscal operations produced a positive result, with $5.7M in revenues against $2.1M in expenditures, leaving a surplus of $200.6K. The modest 3.5% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.