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City of Grand Ledge
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
Eaton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Grand Ledge show a net position of $2.7M, with assets outpacing liabilities. The financial position includes $2.9M in total assets offset by $206.6K in liabilities, reflecting a solid financial foundation at a 13.86 ratio. Fiscal operations produced a positive result, with $5.2M in revenues against $5.1M in expenditures, leaving a surplus of $67.8K. The modest 1.3% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.