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City of Brooklyn Center
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Minnesota
County
Hennepin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Brooklyn Center show a net position of $14.7M, with assets outpacing liabilities. The financial position includes $17.4M in total assets offset by $2.3M in liabilities, reflecting a solid financial foundation at a 7.65 ratio. Fiscal operations produced a positive result, with $28.5M in revenues against $29.1M in expenditures, leaving a surplus of $1.2M. The modest 4.0% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.