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City of Liberty, Missouri
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Missouri
County
Clay County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Liberty reported a net position of $8.2M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $17.3M against liabilities of $2.2M, representing a strong financial position with an assets-to-liabilities ratio of 7.69. Operating results showed a shortfall, with expenditures of $27.7M exceeding revenues of $28.8M by $2.4M. The -8.4% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.