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City of Johnston, 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
In FY2024, City of Johnston maintained a positive net position of $10.5M, demonstrating financial stability. Total assets of $25.3M compared to liabilities of $941.1K indicate robust financial health, yielding a coverage ratio of 26.89. The government achieved an operating surplus of $1.2M, as revenues of $18.0M outpaced spending of $21.0M. At 6.8%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.