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City of Crest Hill
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Municipality & ACFR Details
Type
Unknown
State
Illinois
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Crest Hill reported a net position of $17.4M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $19.0M against liabilities of $1.6M, representing a strong financial position with an assets-to-liabilities ratio of 11.70. Operating results were favorable, with revenues of $14.4M exceeding expenditures of $12.3M by $1.3M. The 8.8% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.