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City of Centralia
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Municipality & ACFR Details
Type
Unknown
State
Illinois
County
Marion County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Centralia maintained a positive net position of $10.4M, demonstrating financial stability. Total assets of $12.2M compared to liabilities of $1.8M indicate robust financial health, yielding a coverage ratio of 6.65. The government achieved an operating surplus of $469.2K, as revenues of $14.5M outpaced spending of $12.4M. At 3.2%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.