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City of Moline
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
Rock Island County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Moline closed FY2024 with a net position of $23.1M, indicating a solid financial foundation. With $38.4M in assets and $4.0M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 9.60. Expenditures of $45.2M exceeded revenues of $46.8M, resulting in a $2.4M deficit. A -5.2% margin points to structural budget challenges. All metrics are calculated using General Fund data.