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City of Alton
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
Madison County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Alton reported a net position of $23.1M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $39.5M against liabilities of $8.8M, representing a strong financial position with an assets-to-liabilities ratio of 4.49. Operating results were favorable, with revenues of $53.7M exceeding expenditures of $46.0M by $8.2M. The 15.2% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.