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City of Muskegon Heights, Michigan
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Muskegon Heights show a net position of $843.4K, with assets outpacing liabilities. The financial position includes $8.6M in total assets offset by $6.4M in liabilities, reflecting steady financial conditions at a 1.33 ratio. Fiscal operations produced a positive result, with $7.9M in revenues against $10.8M in expenditures, leaving a surplus of $63.6K. The modest 0.8% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.