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City of Chaska
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Minnesota
County
Carver County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Chaska maintained a positive net position of $6.9M, demonstrating financial stability. Total assets of $10.0M compared to liabilities of $3.0M indicate robust financial health, yielding a coverage ratio of 3.35. The government achieved an operating surplus of $43.1M, as revenues of $48.7M outpaced spending of $69.7M. At 88.5%, the operating margin indicates robust revenue performance. All metrics are calculated using Total Governmental Funds data.