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City of Coralville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Iowa
County
Johnson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Coralville show a net position of $17.7M, with assets outpacing liabilities. The financial position includes $33.2M in total assets offset by $1.3M in liabilities, reflecting a solid financial foundation at a 25.13 ratio. Fiscal operations produced a negative result, with $25.5M in expenditures against $25.7M in revenues, creating a deficit of $921.7K. The -3.6% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.