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City of Jackson
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Minnesota
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 $4.7M, with assets outpacing liabilities. The financial position includes $5.0M in total assets offset by $299.2K in liabilities, reflecting a solid financial foundation at a 16.75 ratio. Fiscal operations produced a positive result, with $4.5M in revenues against $4.6M in expenditures, leaving a surplus of $360.4K. The 7.9% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.