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City of Mt Pleasant
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
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 Mt Pleasant show a net position of $18.8M, with assets outpacing liabilities. The financial position includes $21.5M in total assets offset by $1.1M in liabilities, reflecting a solid financial foundation at a 20.41 ratio. Fiscal operations produced a positive result, with $20.3M in revenues against $17.6M in expenditures, leaving a surplus of $3.5M. The healthy 17.1% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.