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City of Dixon
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Dixon reported a net position of $20.5M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $25.0M against liabilities of $143.8K, representing a strong financial position with an assets-to-liabilities ratio of 174.03. Operating results showed a shortfall, with expenditures of $19.3M exceeding revenues of $17.3M by $6.2M. The -35.9% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.