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City of Quincy
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
Adams County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Quincy show a fund balance of $32.7M, reflecting sound fiscal management. The financial position includes $39.0M in total assets offset by $778.5K in liabilities, reflecting a solid financial foundation at a 50.16 ratio. Fiscal operations produced a positive result, with $50.9M in revenues against $39.9M in expenditures, leaving a surplus of $11.0M. The healthy 21.6% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.