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City of Rock Island
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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
For FY2024, City of Rock Island reported a fund balance of $24.6M, reflecting a healthy financial position. The balance sheet reflects total assets of $40.2M against liabilities of $2.3M, representing a strong financial position with an assets-to-liabilities ratio of 17.35. Operating results showed a shortfall, with expenditures of $48.2M exceeding revenues of $44.6M by $3.6M. The -8.2% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.