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City of District Heights
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Municipality & ACFR Details
Type
Unknown
State
Maryland
County
Prince George's County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of District Heights reported a net position of $2.2M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $5.4M against liabilities of $3.3M, representing a healthy financial position with an assets-to-liabilities ratio of 1.66. Operating results showed a shortfall, with expenditures of $9.2M exceeding revenues of $6.4M by $2.8M. The -43.3% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.