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City of Brookings
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
South Dakota
County
Brookings County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Brookings reported a net position of $28.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $30.6M against liabilities of $1.9M, representing a strong financial position with an assets-to-liabilities ratio of 15.95. Operating results were favorable, with revenues of $19.2M exceeding expenditures of $21.6M by $705.0K. The 3.7% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.