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City of Ankeny, Iowa
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Iowa
County
Polk County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Ankeny reported a net position of $39.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $77.1M against liabilities of $3.3M, representing a strong financial position with an assets-to-liabilities ratio of 23.57. Operating results were favorable, with revenues of $48.9M exceeding expenditures of $45.9M by $2.5M. The 5.1% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.