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City of Sioux Center, Iowa
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Municipality & ACFR Details
Type
Unknown
State
Iowa
County
Sioux County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Sioux Center show a fund balance of $4.3M, reflecting sound fiscal management. The financial position includes $10.4M in total assets offset by $2.5M in liabilities, reflecting a solid financial foundation at a 4.08 ratio. Fiscal operations produced a negative result, with $12.2M in expenditures against $9.0M in revenues, creating a deficit of $10.8K. The -0.1% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.