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City of Lansing
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Michigan
County
Ingham County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Lansing closed FY2024 with a net position of $40.7M, indicating a solid financial foundation. With $65.3M in assets and $19.9M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.28. Revenues totaling $166.8M surpassed expenditures of $155.6M, generating a $11.3M surplus. A 6.8% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.