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City of Alexandria, Virginia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Virginia
County
Alexandria city
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Alexandria reported a net position of $590.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $653.8M against liabilities of $63.8M, representing a strong financial position with an assets-to-liabilities ratio of 10.25. Operating results showed a shortfall, with expenditures of $757.3M exceeding revenues of $870.4M by $21.1M. The -2.4% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.