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City of St. Clair Shores
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Michigan
County
Macomb County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of St. Clair Shores closed FY2024 with a fund balance of $17.6M, indicating a solid financial foundation. With $29.8M in assets and $5.1M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 5.90. Expenditures of $45.7M exceeded revenues of $40.7M, resulting in a $783.5K deficit. A -1.9% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.