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City of St. Louis Park
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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
In FY2024, City of St. Louis Park maintained a positive fund balance of $28.6M, demonstrating financial stability. Total assets of $35.1M compared to liabilities of $6.1M indicate robust financial health, yielding a coverage ratio of 5.72. The government achieved an operating surplus of $628.5K, as revenues of $48.5M outpaced spending of $51.8M. At 1.3%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.