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City of Jackson, Michigan
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Michigan
County
Jackson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Jackson show a net position of $15.8M, with assets outpacing liabilities. The financial position includes $18.0M in total assets offset by $1.2M in liabilities, reflecting a solid financial foundation at a 14.39 ratio. Fiscal operations produced a positive result, with $33.7M in revenues against $31.0M in expenditures, leaving a surplus of $1.9M. The 5.6% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.