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City of Ecorse
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
Wayne County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Ecorse show a net position of $6.8M, with assets outpacing liabilities. The financial position includes $8.4M in total assets offset by $1.6M in liabilities, reflecting a solid financial foundation at a 5.11 ratio. Fiscal operations produced a negative result, with $22.1M in expenditures against $21.4M in revenues, creating a deficit of $1.3M. The -6.1% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.