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City of Boston
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Massachusetts
County
Suffolk County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Boston show a net position of $1.8B, with assets outpacing liabilities. The financial position includes $2.1B in total assets offset by $251.3M in liabilities, reflecting a solid financial foundation at a 8.45 ratio. Fiscal operations produced a positive result, with $4.7B in revenues against $4.5B in expenditures, leaving a surplus of $225.3M. The modest 4.8% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.