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City of Mason
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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
For FY2024, City of Mason reported a net position of $6.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $7.6M against liabilities of $345.9K, representing a strong financial position with an assets-to-liabilities ratio of 22.04. Operating results showed a shortfall, with expenditures of $8.4M exceeding revenues of $8.3M by $450.9K. The -5.4% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.