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City of Sioux Falls
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
South Dakota
County
Minnehaha County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Sioux Falls reported a fund balance of $92.9M, reflecting a healthy financial position. The balance sheet reflects total assets of $111.3M against liabilities of $8.4M, representing a strong financial position with an assets-to-liabilities ratio of 13.19. Operating results showed a shortfall, with expenditures of $214.1M exceeding revenues of $231.3M by $2.1M. The -0.9% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.