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City of Champaign
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
Champaign County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Champaign closed FY2024 with a net position of $61.2M, indicating a solid financial foundation. With $77.3M in assets and $3.5M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 22.35. Revenues totaling $124.9M surpassed expenditures of $92.1M, generating a $32.8M surplus. A 26.2% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.