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City of Marquette, Michigan
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Michigan
County
Marquette County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Marquette closed FY2024 with a net position of $8.8M, indicating a solid financial foundation. With $19.9M in assets and $1.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 16.14. Revenues totaling $24.9M surpassed expenditures of $20.9M, generating a $497.4K surplus. A 2.0% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.