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City of Burlington, Iowa
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Iowa
County
Des Moines County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Burlington closed FY2024 with a net position of $6.6M, indicating a solid financial foundation. With $15.1M in assets and $794.0K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 19.03. Revenues totaling $15.1M surpassed expenditures of $21.1M, generating a $294.3K surplus. A 2.0% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.